GAN Stock Overview
Operates as a business-to-business (B2B) supplier of enterprise software-as-a-service solutions to online casino gaming and sports betting applications in the United States, Europe, Latin America, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 1/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
GAN Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$1.84 |
| 52 Week High | US$1.87 |
| 52 Week Low | US$1.17 |
| Beta | 2 |
| 1 Month Change | 0% |
| 3 Month Change | 3.95% |
| 1 Year Change | 14.29% |
| 3 Year Change | -80.26% |
| 5 Year Change | n/a |
| Change since IPO | -86.11% |
Recent News & Updates
Recent updates
GAN (NASDAQ:GAN) Has Debt But No Earnings; Should You Worry?
Sep 23
Does GAN (NASDAQ:GAN) Have A Healthy Balance Sheet?
Jun 21Is GAN (NASDAQ:GAN) A Risky Investment?
Dec 27GAN Limited Will Recover But The Market Needs To Change Mood
Oct 07GAN GAAP EPS of -$0.91, revenue of $35M, lowers FY22 revenue guidance
Aug 15GAN repurchases $1M in Q2 under existing program
Jul 08GAN Limited Grows As Seasonal Sweet Spot Beckons
Nov 23Smooth Runway To Unlimited Growth: GAN Limited
Aug 13Need To Know: Analysts Are Much More Bullish On GAN Limited (NASDAQ:GAN)
Jul 10GAN signs multi-year agreement for exclusive U.S. online rights to leading casino portfolio
Jun 17GAN Limited (NASDAQ:GAN) Just Released Its First-Quarter Results And Analysts Are Updating Their Estimates
May 19Is GAN Limited (NASDAQ:GAN) Trading At A 34% Discount?
May 13What Type Of Shareholders Own The Most Number of GAN Limited (NASDAQ:GAN) Shares?
Mar 12Analysts Just Made A Sizeable Upgrade To Their GAN Limited (NASDAQ:GAN) Forecasts
Feb 05GAN soars after Cuomo indicates interest in using New York lottery for sports betting
Jan 06Shareholder Returns
| GAN | US Hospitality | US Market | |
|---|---|---|---|
| 7D | 0% | -1.5% | -2.7% |
| 1Y | 14.3% | 25.6% | 23.4% |
Return vs Industry: GAN underperformed the US Hospitality industry which returned 25.6% over the past year.
Return vs Market: GAN underperformed the US Market which returned 23.4% over the past year.
Price Volatility
| GAN volatility | |
|---|---|
| GAN Average Weekly Movement | 1.9% |
| Hospitality Industry Average Movement | 5.7% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.9% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: GAN has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: GAN's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1999 | 675 | Seamus McGill | www.gan.com |
GAN Limited operates as a business-to-business (B2B) supplier of enterprise software-as-a-service solutions to online casino gaming and sports betting applications in the United States, Europe, Latin America, and internationally. It operates through two segments: B2B and B2C. The company provides and licenses GameSTACK, an internet gaming platform that provides turnkey technology solution for regulated real-money internet gambling, online sports betting, and virtual simulated gaming.
GAN Limited Fundamentals Summary
| GAN fundamental statistics | |
|---|---|
| Market cap | US$83.39m |
| Earnings (TTM) | -US$13.18m |
| Revenue (TTM) | US$134.02m |
0.6x
P/S Ratio-6.4x
P/E RatioIs GAN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| GAN income statement (TTM) | |
|---|---|
| Revenue | US$134.02m |
| Cost of Revenue | US$39.30m |
| Gross Profit | US$94.73m |
| Other Expenses | US$107.91m |
| Earnings | -US$13.18m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.29 |
| Gross Margin | 70.68% |
| Net Profit Margin | -9.84% |
| Debt/Equity Ratio | -794.4% |
How did GAN perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 00:00 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
GAN Limited is covered by 6 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Bain | B. Riley Securities, Inc. |
| Ryan Sigdahl | Craig-Hallum Capital Group LLC |
| Brian Devitt | Goodbody Stockbrokers |