Gan Financials

GAN Stock  USD 1.82  0.02  1.09%   
Based on the analysis of Gan's profitability, liquidity, and operating efficiency, Gan may be sliding down financialy. It has an above-average chance of going through some form of financial crunch next quarter. At this time, Gan's Property Plant And Equipment Net is very stable compared to the past year. As of the 25th of November 2024, Net Debt is likely to grow to about 8.4 M, while Common Stock Shares Outstanding is likely to drop about 35.6 M. Key indicators impacting Gan's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio1.461.5396
Notably Down
Very volatile
The financial analysis of Gan is a critical element in measuring its lifeblood. Investors should not minimize Gan's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

(36.17 Million)

  
Understanding current and past Gan Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Gan's financial statements are interrelated, with each one affecting the others. For example, an increase in Gan's assets may result in an increase in income on the income statement.

Gan Stock Summary

Gan competes with Rush Street, Inspired Entertainment, PointsBet Holdings, PlayAGS, and Accel Entertainment. GAN Limited operates as a business-to-business 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. The company was incorporated in 1999 and is headquartered in Irvine, California. Gan operates under Gambling classification in the United States and is traded on NASDAQ Exchange. It employs 682 people.
Specialization
Consumer Discretionary, Consumer Services
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINBMG3728V1090
CUSIPG3728V109
LocationCalifornia; U.S.A
Business Address400 Spectrum Center
SectorHotels, Restaurants & Leisure
IndustryConsumer Discretionary
BenchmarkDow Jones Industrial
Websitewww.gan.com
Phone833 565 0550
CurrencyUSD - US Dollar

Gan Key Financial Ratios

Gan Key Balance Sheet Accounts

201920202021202220232024 (projected)
Other Current Liab5.0M11.3M25.6M23.4M28.1M29.6M
Net Tangible Assets14.7M148.4M33.0M(10.9M)(12.6M)(11.9M)
Retained Earnings(22.8M)(45.8M)(76.4M)(274.9M)(309.3M)(293.8M)
Accounts Payable1.7M4.7M5.3M6.4M7.0M4.2M
Other Assets5.0M737K13.5M896K806.4K766.1K
Net Receivables7.1M8.1M8.1M13.8M11.4M8.3M
Total Current Assets19.3M163.5M54.4M67.6M56.5M53.5M
Common Stock1.3M365K422K429K451K561.9K
Total Assets26.1M173.2M260.9M103.1M87.5M107.8M
Net Debt(8.9M)(152.1M)(39.0M)(17.8M)8.0M8.4M
Cash10.1M152.7M39.5M45.9M38.6M46.6M
Other Current Assets1.1M2.8M6.8M3.0M6.5M3.4M
Total Liab11.0M17.7M36.9M82.3M92.1M96.7M
Intangible Assets5.2M7.1M50.3M31.7M20.7M20.1M
Inventory883K1.9M3.5M4.9M1.00.95
Net Invested Capital15.1M155.6M224.0M48.9M37.6M35.7M
Capital Stock1.3M365K422K429K451K562.3K
Net Working Capital8.8M146.2M21.4M35.1M19.8M18.8M
Short Term Debt692K524K472K195K1.6M1.7M

Gan Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Income8K15K3K32K28.8K28.2K
Interest Expense127K395K2K336.6M4.7M4.5M
Total Revenue30.0M35.2M125.4M141.5M129.4M135.9M
Gross Profit18.0M24.7M84.1M99.9M90.7M95.3M
Operating Income2.5M(19.5M)(25.5M)143.1M(30.3M)(28.8M)
Ebit2.5M(19.5M)(27.7M)(30.9M)(30.3M)(28.8M)
Ebitda7.7M(16.2M)(10.9M)(7.6M)(13.2M)(12.5M)
Income Before Tax2.4M(19.9M)(25.1M)(193.6M)(34.3M)(36.0M)
Net Income1.8M(20.2M)(24.9M)(197.5M)(34.4M)(36.2M)
Income Tax Expense574K353K(208K)3.9M138K136.3K
Tax Provision574K353K(208K)3.9M3.8M4.0M
Net Interest Income(112K)(392K)30K(2.5M)(2.2M)(2.1M)
Cost Of Revenue12.0M10.5M41.4M41.6M38.7M28.6M

Gan Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash3.1M142.4M(113.2M)6.4M(7.3M)(7.0M)
Free Cash Flow3.3M(12.3M)(19.0M)(20.4M)(10.4M)(10.9M)
Depreciation4.7M3.2M16.8M23.3M17.2M9.1M
Other Non Cash Items655K10.1M4.1M163.7M2.1M2.0M
Capital Expenditures2.9M5.9M14.0M19.1M6.8M7.6M
Net Income1.8M(20.2M)(30.6M)(197.5M)(34.4M)(36.2M)
End Period Cash Flow10.1M152.7M39.5M45.9M38.6M31.7M
Net Borrowings(740K)(154K)(83K)27.6M31.7M33.3M
Change To Netincome1.8M6.9M8.1M170.2M195.8M205.5M
Investments(2.9M)(5.9M)(106.7M)(19.1M)(6.4M)(6.7M)

Gan Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Gan's current stock value. Our valuation model uses many indicators to compare Gan value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Gan competition to find correlations between indicators driving Gan's intrinsic value. More Info.
Gan is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, Gan's Return On Equity is very stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Gan's earnings, one of the primary drivers of an investment's value.

Gan Systematic Risk

Gan's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Gan volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Gan correlated with the market. If Beta is less than 0 Gan generally moves in the opposite direction as compared to the market. If Gan Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Gan is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Gan is generally in the same direction as the market. If Beta > 1 Gan moves generally in the same direction as, but more than the movement of the benchmark.

Gan Thematic Clasifications

Gan is part of several thematic ideas from Gambling to Casinos. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Gan Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Gan's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Gan growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.0231

At this time, Gan's Price Earnings To Growth Ratio is very stable compared to the past year.

Gan November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Gan help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Gan. We use our internally-developed statistical techniques to arrive at the intrinsic value of Gan based on widely used predictive technical indicators. In general, we focus on analyzing Gan Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Gan's daily price indicators and compare them against related drivers.
When determining whether Gan offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gan's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Gan Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gan Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gan. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
To learn how to invest in Gan Stock, please use our How to Invest in Gan guide.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gan. If investors know Gan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gan listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.77)
Earnings Share
(0.29)
Revenue Per Share
2.964
Quarterly Revenue Growth
0.244
Return On Assets
(0.07)
The market value of Gan is measured differently than its book value, which is the value of Gan that is recorded on the company's balance sheet. Investors also form their own opinion of Gan's value that differs from its market value or its book value, called intrinsic value, which is Gan's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gan's market value can be influenced by many factors that don't directly affect Gan's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gan's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gan's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.