CSIMarket Company Name, Ticker, Industry, else..
 
Gan Limited  (NASDAQ: GAN)
 
Price: $1.9700 $0.01 0.510%
Day's High: $1.97 Week Perf: 4.79 %
Day's Low: $ 1.96 30 Day Perf: 13.22 %
Volume (M): 696,100 52 Wk High: $ 0.00
Volume (M$): $ 1,371 52 Wk Avg: $0.00
Open: $1.96 52 Wk Low: $0.00



 Market Capitalization (Millions $) 90
 Shares Outstanding (Millions) 46
 Employees 677
 Revenues (TTM) (Millions $) 134
 Net Income (TTM) (Millions $) -7
 Cash Flow (TTM) (Millions $) 9
 Capital Exp. (TTM) (Millions $) 3

Business Description


GAN Limited is a Bermuda exempted holding company and through its subsidiaries, consists of two lines of business. We are a business-to-business ('B2B') supplier of enterprise Software-as-a-Service ('SaaS') solutions for online casino gaming, commonly referred to as iGaming, and online sports betting applications. Beginning with our acquisition of Coolbet, we are also a business-to-consumer ('B2C') developer and operator of an online sports betting and casino platform, which offers individuals located in select markets in Northern Europe, Latin America and Canada access to a digital portal for engaging in sports betting, online casino games and poker.
Our product strategy for GameSTACK is to provide a unified, flexible and highly scalable platform that can be rapidly deployed for SIM, RMiG, and online sports betting. In addition to our platform, we offer a range of development, marketing and customer support services designed to fast-track deployments and provide ongoing operational support following commercial launch.



Our GameSTACK platform and related support services are designed to help our customers rapidly launch and scale their iGaming and online sportsbook operations. Our iGaming offerings support both social, or 'freemium,' simulated online casino gaming in regulated and unregulated markets as well as RMiG for deployment in regulated markets. We measure the level of player engagement through key performance measures including Gross Operator Revenue, which we define as the sum of our B2B corporate customers' gross revenue from SIM, gross gaming revenue from RMiG, and gross sports win from sportsbook offerings, which we track for both SIM and RMiG operations.



Our GameSTACK customer base in the United States includes large regional operators as well as individual tribal casino operators that, combined, operate over 100 retail casino properties, racetracks and online sportsbooks. Our customers in the United States that are outside of the states with regulated online casino or sports betting markets generally operate on our social casino or simulated gambling applications. The largest portion of our U.S. business is in real money internet gambling with operators in the U.S. states where either (or both) internet casino gaming and sports betting are permitted by regulation.



We believe there is a large and growing number of additional potential new customers for GameSTACK in selected U.S. states that have formally passed online sports betting but have not yet implemented a regulatory framework for governing online real money iGaming in these states. Also, we believe that as newly regulated U.S. states such as Michigan generate real tax revenue for their respective state treasuries that more states will evaluate, develop, and pass online gaming legislation. The Company has the unique ability to absorb and support this expansion. For example, in January 2021, we simultaneously launched three operators online in Michigan, including our existing customer, FanDuel Group Inc.'s ('FanDuel') online casino and two new customers, Churchill Downs' brand TwinSpires and Wynn Resorts' WynnBET.

Our principal B2C offerings are real-money online sports betting, online casino and peer-to-peer poker. We offer these products directly to the end customer through our website, which is also available on tablet and mobile devices in markets predominantly across Northern Europe and Latin America. In order to attract and retain customers, we seek to provide a high-quality customer experience through a high speed mobile website, excellent customer service and attractive odds. With our own technology and sportsbook software, and in cooperation with recognized providers for odds data and game content, we strive to provide the best online sportsbook and iGaming offering available, and believe that positive word of mouth referrals allowed us to increase our revenues and acquire customers at a lower cost than our competitors.


   Company Address: 10845 Griffith Peak Drive Las Vegas 89135 NV
   Company Phone Number: 565-0550   Stock Exchange / Ticker: NASDAQ GAN


Customers Net Income grew by GAN's Customers Net Profit Margin grew to


0.72 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
DOYU        1.88% 
HUYA   -0.47%    
BILI   -2.06%    
EVRI        0.07% 
GLXZ   -6.55%    
INSE   -3.32%    
• View Complete Report
   





Fundamental Analysis

Valuation Current
Price to Earnings PE Ratio (TTM) -
Price to Earnings PE Ratio (Expected) -
Price to Sales (TTM) 0.67
Price to Sales (Expected) -
Price to Book -
PEG (TTM) -

Financial Strength Current
Quick Ratio 1.22
Working Capital Ratio 1.57
Leverage Ratio (MRQ) -
Total Debt to Equity -
Interest Coverage (TTM) 0.4
Debt Coverage (TTM) 0.05

Per Share Current
Earnings (TTM) -0.24 $
Revenues (TTM) 2.92 $
Cash Flow (TTM) 0.19 $
Cash 0.87 $
Book Value -
Dividend (TTM) 0 $

Efficiency Current
Revenue per Employee (TTM) 197,508
Net Income per Employee (TTM) -9,789
Receivable Turnover Ratio (TTM) 16.68
Inventory Turnover Ratio (TTM) -
Asset Turnover Ratio (TTM) 1.73

Profitability Ratios Current
Gross Margin (MRQ) 63.53 %
Operating Margin (MRQ) -17.2 %
Net Margin (MRQ) -23.25 %
Net Cash Flow Margin (MRQ) 4.09 %
Effective Tax Rate (TTM) -

Management Effectiveness Current
Return On Assets (TTM) -
Return On Investment (TTM) -
Return On Equity (TTM) -
Dividend Yield -
Pay out Ratio (TTM) -



Gan Limited's Segments
Transferred at Point in Time    82.68 % of total Revenue
Transferred over Time    17.32 % of total Revenue
Business to Business B2B    17.32 % of total Revenue
Business to Consumer B2C    82.68 % of total Revenue
Platform And Content License Fees Business to Business B2B    14.5 % of total Revenue
Development Services And Other Business to Business B2B    2.82 % of total Revenue
Sportsbook Business to Consumer B2C    28.43 % of total Revenue
Casino Business to Consumer B2C    49.45 % of total Revenue
Poker Business to Consumer B2C    4.8 % of total Revenue
UNITED STATES    16.12 % of total Revenue
Europe    52.67 % of total Revenue
Latin America    28.65 % of total Revenue
Rest Of The World    2.56 % of total Revenue
FINLAND    18.31 % of total Revenue
NORWAY    19.73 % of total Revenue
CHILE    27.46 % of total Revenue
CANADA    3.38 % of total Revenue
One Customer Revenue B2B Segment    0 % of total Revenue





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