Gaming Innovation Group Inc., through its subsidiaries, provides and facilitates a platform for Internet gambling, gaming, and betting in Nordic countries, other European countries, and internationally.
Reasonable growth potential and slightly overvalued.
Share Price & News
How has Gaming Innovation Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GI11's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: GI11 underperformed the German Hospitality industry which returned -34.4% over the past year.
Return vs Market: GI11 underperformed the German Market which returned 4.5% over the past year.
Price Volatility Vs. Market
How volatile is Gaming Innovation Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Gaming Innovation Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: GI11 (€0.5) is trading below our estimate of fair value (€1.17)
Significantly Below Fair Value: GI11 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: GI11 is unprofitable, so we can't compare its PE Ratio to the DE Hospitality industry average.
PE vs Market: GI11 is unprofitable, so we can't compare its PE Ratio to the German market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GI11's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GI11 is overvalued based on its PB Ratio (2.8x) compared to the DE Hospitality industry average (2x).
How is Gaming Innovation Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GI11 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.2%).
Earnings vs Market: GI11 is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: GI11's is expected to become profitable in the next 3 years.
Revenue vs Market: GI11's revenue (5% per year) is forecast to grow slower than the German market (5.9% per year).
High Growth Revenue: GI11's revenue (5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GI11's Return on Equity is forecast to be very high in 3 years time (42%).
How has Gaming Innovation Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GI11 is currently unprofitable.
Growing Profit Margin: GI11 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GI11 is unprofitable, and losses have increased over the past 5 years at a rate of -74.5% per year.
Accelerating Growth: Unable to compare GI11's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GI11 is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (-15.6%).
Return on Equity
High ROE: GI11 has a negative Return on Equity (-192.61%), as it is currently unprofitable.
How is Gaming Innovation Group's financial position?
Financial Position Analysis
Short Term Liabilities: GI11's short term assets (€32.4M) do not cover its short term liabilities (€66.1M).
Long Term Liabilities: GI11's short term assets (€32.4M) do not cover its long term liabilities (€45.6M).
Debt to Equity History and Analysis
Debt Level: GI11's debt to equity ratio (376.7%) is considered high.
Reducing Debt: GI11's debt to equity ratio has increased from 1.9% to 376.7% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable GI11 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: GI11 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 13.4% per year.
What is Gaming Innovation Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GI11's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GI11's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if GI11's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GI11's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GI11's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Richard Brown (35yo)
Mr. Richard Brown has been Chief Executive Officer of Gaming Innovation Group Inc since November 06, 2019. Mr. Brown is responsible for the positioning of GiG and for aligning people, technology, product a ...
CEO Compensation Analysis
Compensation vs Market: Richard's total compensation ($USD365.72K) is about average for companies of similar size in the German market ($USD468.99K).
Compensation vs Earnings: Richard's compensation has been consistent with company performance over the past year.
|Chief Executive Officer||0.83yr||€321.80k||0.13% €62.3k|
|Founder & Head of Affiliation||no data||€40.30k||4.04% €1.9m|
|Chief Financial Officer||no data||€247.50k||0.0023% €1.1k|
|Chief Information officer||0.92yr||€111.00k||no data|
|Chief Marketing Officer||1.67yrs||€238.60k||0.051% €23.6k|
|Chief Commercial Officer||no data||€206.60k||2.12% €990.4k|
|Group Chief Financial Officer||no data||€221.70k||0.51% €237.9k|
|Chief Strategy Officer||1.67yrs||€215.80k||no data|
|CTO & Partner||no data||€108.10k||no data|
|Chief Technology Officer||no data||€144.70k||no data|
|Head of Investor Relations & Corporate Communications||2.25yrs||no data||no data|
|Director of Legal & Compliance||no data||no data||no data|
Experienced Management: GI11's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
|Independent Chairman of the Board||1.58yrs||€90.00k||0.032% €15.1k|
|Independent Director||no data||€39.00k||no data|
|Director||0.17yr||no data||no data|
|Director||0.17yr||no data||no data|
|Independent Director||3.17yrs||€29.70k||5.44% €2.5m|
Experienced Board: GI11's board of directors are not considered experienced ( 0.9 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Gaming Innovation Group Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Gaming Innovation Group Inc.
- Ticker: GI11
- Exchange: DB
- Founded: 2012
- Industry: Casinos and Gaming
- Sector: Consumer Services
- Market Cap: kr497.731m
- Listing Market Cap: kr46.741m
- Shares outstanding: 90.01m
- Website: https://www.gig.com
Number of Employees
- Gaming Innovation Group Inc.
- @GiG Beach
- Golden Mile Business Centre
- St Julians
- STJ 3148
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|GIG||OB (Oslo Bors)||Yes||Common Stock||NO||NOK||May 2015|
|GIGSEK||OM (OMX Nordic Exchange Stockholm)||Yes||Common Stock||SE||SEK||May 2015|
|GIGO||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Common Stock||GB||NOK||May 2015|
|GI11||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||May 2015|
Gaming Innovation Group Inc., through its subsidiaries, provides and facilitates a platform for Internet gambling, gaming, and betting in Nordic countries, other European countries, and internationally. It operates in two segments, Business-to-Business (B2B) and Business-to-Consumer (B2C). The company offers profile management system with integrated KYC tools to verify end users, which comprises of payment gateway, gaming tools, and regulatory adaption engine, as well as bonus, affiliate, and content management systems. It also designs, hosts, and distributes in-house-developed and third-party games, such as casino; and offers sportsbook solutions that helps the customers to offer betting experience to their end users. In addition, it provides iGaming end user leads for casino and sportsbook customers using the techniques and technology in social media, adwords, permission marketing, and display advertising; and digital agency, which comprises of ad-tech, publishing, and paid media channels. Additionally, it offers front end development, compliance standards, payments, and product management services. Further, the company offers B2C casino, sports betting, and poker services through its own brands, such as Guts.com, Betspin.com, Rizk.com, SuperLenny.com, Kaboo.com, Thrills.com, and Highroller.com. The company was founded in 2012 and is headquartered in St Julians, Malta.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/14 21:36|
|End of Day Share Price||2020/07/14 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.