GAN Past Earnings Performance
Past criteria checks 0/6
GAN's earnings have been declining at an average annual rate of -63.1%, while the Hospitality industry saw earnings growing at 22.1% annually. Revenues have been growing at an average rate of 39.1% per year.
Key information
-63.1%
Earnings growth rate
-58.5%
EPS growth rate
| Hospitality Industry Growth | 19.5% |
| Revenue growth rate | 39.1% |
| Return on equity | n/a |
| Net Margin | -26.6% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance 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 06Brokers Are Upgrading Their Views On GAN Limited (NASDAQ:GAN) With These New Forecasts
Dec 22
GAN Limited: Powering The Future Of Online Gambling
Dec 22GAN Limited: The Gambler
Dec 20Revenue & Expenses BreakdownBeta
How GAN makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 129 | -34 | 66 | 38 |
| 30 Sep 23 | 136 | -173 | 76 | 31 |
| 30 Jun 23 | 138 | -172 | 76 | 30 |
| 31 Mar 23 | 139 | -191 | 77 | 27 |
| 31 Dec 22 | 142 | -197 | 66 | 35 |
| 30 Sep 22 | 135 | -62 | 68 | 32 |
| 30 Jun 22 | 135 | -64 | 72 | 30 |
| 31 Mar 22 | 135 | -29 | 73 | 26 |
| 31 Dec 21 | 124 | -31 | 71 | 23 |
| 30 Sep 21 | 103 | -26 | 62 | 19 |
| 30 Jun 21 | 81 | -21 | 51 | 15 |
| 31 Mar 21 | 55 | -27 | 40 | 15 |
| 31 Dec 20 | 35 | -20 | 29 | 11 |
| 30 Sep 20 | 37 | -8 | 19 | 12 |
| 30 Jun 20 | 32 | -7 | 16 | 10 |
| 31 Mar 20 | 28 | 1 | 12 | 4 |
| 31 Dec 19 | 30 | 2 | 12 | 3 |
| 30 Sep 19 | 23 | -3 | 10 | 0 |
| 30 Jun 19 | 22 | -4 | 6 | 0 |
| 31 Mar 19 | 21 | -4 | 9 | 0 |
| 31 Dec 18 | 14 | -8 | 10 | 0 |
| 30 Sep 18 | 13 | -7 | 14 | 0 |
| 30 Jun 18 | 13 | -6 | 19 | 0 |
| 31 Mar 18 | 13 | -6 | 19 | 0 |
| 31 Dec 17 | 12 | -5 | 18 | 0 |
| 30 Sep 17 | 11 | -5 | 17 | 0 |
| 30 Jun 17 | 10 | -4 | 17 | 0 |
| 31 Mar 17 | 10 | -5 | 16 | 0 |
| 31 Dec 16 | 10 | -5 | 15 | 0 |
| 30 Sep 16 | 10 | -6 | 16 | 0 |
| 30 Jun 16 | 9 | -6 | 16 | 0 |
| 31 Mar 16 | 9 | -7 | 17 | 0 |
| 31 Dec 15 | 9 | -7 | 17 | 0 |
| 30 Sep 15 | 9 | -7 | 16 | 0 |
| 30 Jun 15 | 10 | -7 | 16 | 0 |
| 31 Mar 15 | 10 | -5 | 15 | 0 |
| 31 Dec 14 | 12 | -4 | 16 | 0 |
| 30 Sep 14 | 12 | -5 | 16 | 0 |
| 30 Jun 14 | 13 | -6 | 17 | 0 |
| 31 Mar 14 | 16 | -2 | 16 | 0 |
| 31 Dec 13 | 20 | 2 | 15 | 0 |
Quality Earnings: GAN is currently unprofitable.
Growing Profit Margin: GAN is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GAN is unprofitable, and losses have increased over the past 5 years at a rate of 63.1% per year.
Accelerating Growth: Unable to compare GAN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GAN is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (9.2%).
Return on Equity
High ROE: GAN's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.