Gaming Innovation Group Inc. Logo

Gaming Innovation Group Inc.

GIG.OL

(2.8)
Stock Price

29,60 NOK

40.81% ROA

24.78% ROE

16.33x PER

Market Cap.

336.761.015,41 NOK

64.67% DER

0% Yield

15.55% NPM

Gaming Innovation Group Inc. Stock Analysis

Gaming Innovation Group Inc. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Gaming Innovation Group Inc. Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (16.4%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 ROA

The stock's ability to make a lot of money from its assets shows that it is very profitable, making it a good choice for people who want to invest and make a lot of money.

3 Revenue Growth

Over the past five years, this company's revenue has consistently increased, demonstrating a robust financial performance that makes it an appealing opportunity.

4 Net Profit Growth

Over the last five years, this company's net profit has shown continuous growth, reflecting a robust financial performance and making it an attractive choice for potential investors.

5 DER

The stock has a reasonable amount of debt compared to its ownership (72%), suggesting a balanced financial position and a moderate level of risk.

6 Assets Growth

Company's revenue has experienced consistent growth over the last three years, indicating a favorable financial trajectory and making it an attractive investment choice.

7 Buffet Intrinsic Value

The company's stock seems undervalued (103) by Warren Buffett's formula, indicating a promising investment opportunity as its intrinsic value exceeds the market price.

8 PBV

The stock's high Price-to-Book Value (P/BV) ratio (3.58x) suggests it's overvalued, potentially making it an expensive investment.

9 Graham Number

The company's Graham number indicates that it is overvalued compared to its stock price, suggesting a potentially unfavorable investment opportunity.

10 Dividend Growth

The company's dividend growth has shown no improvement in the past three years, making it a less attractive investment option for those seeking increasing returns.

11 Dividend

The company has not distributed any dividends in the past three years, which may raise concerns for investors looking for regular income from their investments.

Gaming Innovation Group Inc. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Gaming Innovation Group Inc. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Sell
3 RSI Hold
4 Stoch RSI Sell

Gaming Innovation Group Inc. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Gaming Innovation Group Inc. Revenue
Year Revenue Growth
2008 1.639.527
2009 627.585 -161.24%
2010 672.996 6.75%
2011 4.976.529 86.48%
2012 17.447.798 71.48%
2013 5.048.051 -245.63%
2014 4.373.292 -15.43%
2015 17.749.037 75.36%
2016 53.604.995 66.89%
2017 120.422.813 55.49%
2018 151.372.000 20.45%
2019 44.054.000 -243.61%
2020 63.027.000 30.1%
2021 82.574.000 23.67%
2022 107.022.000 22.84%
2023 140.232.000 23.68%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Gaming Innovation Group Inc. Research and Development Expenses
Year Research and Development Expenses Growth
2008 1.308.274
2009 68.223 -1817.67%
2010 387.756 82.41%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Gaming Innovation Group Inc. General and Administrative Expenses
Year General and Administrative Expenses Growth
2008 3.425.650
2009 1.586.032 -115.99%
2010 1.468.288 -8.02%
2011 1.288.683 -13.94%
2012 3.997.503 67.76%
2013 7.443.937 46.3%
2014 3.890.235 -91.35%
2015 1.924.122 -102.18%
2016 1.294.889 -48.59%
2017 5.011.012 74.16%
2018 7.195.000 30.35%
2019 3.065.000 -134.75%
2020 3.060.000 -0.16%
2021 5.184.000 40.97%
2022 8.032.000 35.46%
2023 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Gaming Innovation Group Inc. EBITDA
Year EBITDA Growth
2008 -2.374.918
2009 -2.258.512 -5.15%
2010 -1.542.126 -46.45%
2011 1.008.073 252.98%
2012 6.350.561 84.13%
2013 -6.594.390 196.3%
2014 -2.989.061 -120.62%
2015 -1.699.594 -75.87%
2016 4.478.179 137.95%
2017 13.039.864 65.66%
2018 15.969.000 18.34%
2019 5.695.000 -180.4%
2020 10.742.000 46.98%
2021 20.749.000 48.23%
2022 32.577.000 36.31%
2023 15.504.000 -110.12%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Gaming Innovation Group Inc. Gross Profit
Year Gross Profit Growth
2008 651.547
2009 203.640 -219.95%
2010 385.060 47.11%
2011 2.576.316 85.05%
2012 11.146.341 76.89%
2013 3.061.632 -264.07%
2014 3.322.974 7.86%
2015 13.706.849 75.76%
2016 44.320.188 69.07%
2017 99.901.430 55.64%
2018 124.014.000 19.44%
2019 43.148.000 -187.42%
2020 60.060.000 28.16%
2021 78.010.000 23.01%
2022 101.660.000 23.26%
2023 135.500.000 24.97%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Gaming Innovation Group Inc. Net Profit
Year Net Profit Growth
2008 -5.337.831
2009 -3.418.317 -56.15%
2010 -1.666.258 -105.15%
2011 343.747 584.73%
2012 3.979.951 91.36%
2013 -11.003.199 136.17%
2014 -4.358.075 -152.48%
2015 -2.089.497 -108.57%
2016 2.394.065 187.28%
2017 -417.501 673.43%
2018 -22.755.000 98.17%
2019 -32.971.000 30.98%
2020 -15.931.000 -106.96%
2021 403.000 4053.1%
2022 5.712.000 92.94%
2023 35.952.000 84.11%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Gaming Innovation Group Inc. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2008 -24
2009 -7 -283.33%
2010 0 0%
2011 0 0%
2012 0 0%
2013 -1 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Gaming Innovation Group Inc. Free Cashflow
Year Free Cashflow Growth
2008 -2.258.041
2009 -1.398.507 -61.46%
2010 -2.093.973 33.21%
2011 193.355 1182.97%
2012 -306.098 163.17%
2013 -4.712.433 93.5%
2014 -886.414 -431.63%
2015 -2.240.061 60.43%
2016 561.058 499.26%
2017 -45.249.946 101.24%
2018 515.000 8886.4%
2019 -6.324.000 108.14%
2020 9.463.000 166.83%
2021 3.405.000 -177.91%
2022 15.670.000 78.27%
2023 4.177.000 -275.15%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Gaming Innovation Group Inc. Operating Cashflow
Year Operating Cashflow Growth
2008 -2.248.832
2009 -1.398.507 -60.8%
2010 -2.049.150 31.75%
2011 1.468.451 239.55%
2012 2.617.648 43.9%
2013 -3.753.649 169.74%
2014 4.756 79041.09%
2015 -1.222.203 100.39%
2016 2.221.283 155.02%
2017 13.045.766 82.97%
2018 12.484.000 -4.5%
2019 4.077.000 -206.21%
2020 17.700.000 76.97%
2021 12.607.000 -40.4%
2022 31.839.000 60.4%
2023 8.346.000 -281.49%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Gaming Innovation Group Inc. Capital Expenditure
Year Capital Expenditure Growth
2008 9.210
2009 0 0%
2010 44.823 100%
2011 1.275.096 96.48%
2012 2.923.746 56.39%
2013 958.783 -204.94%
2014 891.169 -7.59%
2015 1.017.858 12.45%
2016 1.660.225 38.69%
2017 58.295.712 97.15%
2018 11.969.000 -387.06%
2019 10.401.000 -15.08%
2020 8.237.000 -26.27%
2021 9.202.000 10.49%
2022 16.169.000 43.09%
2023 4.169.000 -287.84%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Gaming Innovation Group Inc. Equity
Year Equity Growth
2008 -1.260.781
2009 349.115 461.14%
2010 -740.093 147.17%
2011 6.774.082 110.93%
2012 11.362.591 40.38%
2013 2.967.895 -282.85%
2014 -104.308 2945.32%
2015 27.171.987 100.38%
2016 105.168.900 74.16%
2017 108.760.110 3.3%
2018 88.072.000 -23.49%
2019 20.920.000 -320.99%
2020 3.606.000 -480.14%
2021 11.925.000 69.76%
2022 64.966.000 81.64%
2023 99.744.000 34.87%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Gaming Innovation Group Inc. Assets
Year Assets Growth
2008 3.186.552
2009 830.263 -283.8%
2010 1.118.295 25.76%
2011 11.477.871 90.26%
2012 14.117.054 18.7%
2013 6.416.742 -120%
2014 2.505.388 -156.12%
2015 35.289.627 92.9%
2016 126.308.453 72.06%
2017 205.662.382 38.58%
2018 190.031.000 -8.23%
2019 135.088.000 -40.67%
2020 93.151.000 -45.02%
2021 87.669.000 -6.25%
2022 184.980.000 52.61%
2023 222.849.000 16.99%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Gaming Innovation Group Inc. Liabilities
Year Liabilities Growth
2008 4.447.333
2009 481.148 -824.32%
2010 1.858.388 74.11%
2011 4.703.789 60.49%
2012 2.754.463 -70.77%
2013 3.448.847 20.13%
2014 2.742.369 -25.76%
2015 8.219.796 66.64%
2016 21.133.596 61.11%
2017 96.878.801 78.19%
2018 101.959.000 4.98%
2019 114.168.000 10.69%
2020 89.545.000 -27.5%
2021 75.744.000 -18.22%
2022 120.014.000 36.89%
2023 123.105.000 2.51%

Gaming Innovation Group Inc. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
1.03
Net Income per Share
0.16
Price to Earning Ratio
16.33x
Price To Sales Ratio
2.54x
POCF Ratio
8.59
PFCF Ratio
16.4
Price to Book Ratio
3.39
EV to Sales
2.96
EV Over EBITDA
10.18
EV to Operating CashFlow
10.03
EV to FreeCashFlow
19.15
Earnings Yield
0.06
FreeCashFlow Yield
0.06
Market Cap
0,34 Bil.
Enterprise Value
0,39 Bil.
Graham Number
1.67
Graham NetNet
-0.89

Income Statement Metrics

Net Income per Share
0.16
Income Quality
1.92
ROE
0.25
Return On Assets
0.09
Return On Capital Employed
0.22
Net Income per EBT
0.86
EBT Per Ebit
0.76
Ebit per Revenue
0.24
Effective Tax Rate
0.12

Margins

Sales, General, & Administrative to Revenue
0.06
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0.01
Gross Profit Margin
0.96
Operating Profit Margin
0.24
Pretax Profit Margin
0.18
Net Profit Margin
0.16

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
0.3
Free CashFlow per Share
0.16
Capex to Operating CashFlow
-0.48
Capex to Revenue
-0.14
Capex to Depreciation
-0.7
Return on Invested Capital
0.17
Return on Tangible Assets
0.41
Days Sales Outstanding
0
Days Payables Outstanding
1026.42
Days of Inventory on Hand
0
Receivables Turnover
0
Payables Turnover
0.36
Inventory Turnover
0
Capex per Share
-0.14

Balance Sheet

Cash per Share
0,06
Book Value per Share
0,77
Tangible Book Value per Share
-0.56
Shareholders Equity per Share
0.77
Interest Debt per Share
0.53
Debt to Equity
0.65
Debt to Assets
0.29
Net Debt to EBITDA
1.46
Current Ratio
0.51
Tangible Asset Value
-0,07 Bil.
Net Current Asset Value
-0,08 Bil.
Invested Capital
0.65
Working Capital
-0,04 Bil.
Intangibles to Total Assets
0.77
Average Receivables
0,00 Bil.
Average Payables
0,02 Bil.
Average Inventory
0
Debt to Market Cap
0.19

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Gaming Innovation Group Inc. Dividends
Year Dividends Growth

Gaming Innovation Group Inc. Profile

About Gaming Innovation Group Inc.

Gaming Innovation Group Inc., an iGaming technology company, together with its subsidiaries, provides solutions, products, and services to iGaming operators in Nordic countries, other European countries, and internationally. The company offers media services, such as operating various content rich websites, which empower potential players and connect them with their partners' casino or sports betting sites; and platform services, including providing gaming, betting, media, and turnkey platform solutions and services to operators and their customers, as well as specializes in taking land-based operators online through its omnichannel solution, which brings together the offline and online worlds through a shared loyalty system, wallet, and dual registration. It also provides Sportsbook, a sports betting omnichannel solution that offers a various digital content and sports events to players. In addition, the company offers managed service; omnichannel solutions; Data platform to enhance BI and make business decisions; Logic, a real-time rules engine that creates actionable business rules; marketing compliance solution; and Frontend solution. The company was founded in 2012 and is headquartered in St. Julian's, Malta.

CEO
Mr. Jonas Warrer
Employee
710
Address
@GiG Beach
St. Julian's, STJ 3148

Gaming Innovation Group Inc. Executives & BODs

Gaming Innovation Group Inc. Executives & BODs
# Name Age
1 Mr. Claudio Caruana
General Counsel
70
2 Natasha Gowans
Head of Communications
70
3 Mr. Jonas Warrer
Acting Group Chief Executive Officer, Chief Marketing Officer & CEO of GiG Media
70
4 Mr. Richard Carter
Chief Executive Officer of Platform & Sportsbook
70
5 Mr. Frode Fagerli
Founder
70
6 Mr. Petter Nylander
Executive Chairman
70
7 Mr. Justin Psaila
Chief Financial Officer
70
8 Mr. Tore Formo
Group Chief Financial Officer
70
9 Ms. Claudia Ginex
Chief People Officer
70
10 Hessi Mocca
Head of Investor Relations & Director
70

Gaming Innovation Group Inc. Competitors

Catena Media plc Logo
Catena Media plc

CTM.ST

(1.2)
IDEX Biometrics ASA Logo
IDEX Biometrics ASA

IDEX.OL

(1.2)
XXL ASA Logo
XXL ASA

XXL.OL

(0.8)
Kitron ASA Logo
Kitron ASA

KIT.OL

(1.8)
Betsson AB Logo
Betsson AB

BETS-B.ST

(3.8)