Jonas Warrer - Gaming Innovation Chief Media

GIG Stock  NOK 24.70  0.90  3.78%   

Insider

Jonas Warrer is Chief Media of Gaming Innovation Group
Phone356 2711 0277
Webhttps://www.gig.com

Gaming Innovation Management Efficiency

The company has return on total asset (ROA) of 0.0366 % which means that it generated a profit of $0.0366 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.054 %, meaning that it generated $0.054 on every $100 dollars invested by stockholders. Gaming Innovation's management efficiency ratios could be used to measure how well Gaming Innovation manages its routine affairs as well as how well it operates its assets and liabilities.
Gaming Innovation Group has accumulated 38.85 M in total debt with debt to equity ratio (D/E) of 76.6, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Gaming Innovation has a current ratio of 1.14, suggesting that it is not liquid enough and may have problems paying out its financial obligations in time and when they become due. Debt can assist Gaming Innovation until it has trouble settling it off, either with new capital or with free cash flow. So, Gaming Innovation's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Gaming Innovation sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Gaming to invest in growth at high rates of return. When we think about Gaming Innovation's use of debt, we should always consider it together with cash and equity.

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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. The company was founded in 2012 and is headquartered in St Julians, Malta. GAMING INNOVATION operates under Gambling classification in Norway and is traded on Oslo Stock Exchange. It employs 695 people. Gaming Innovation Group (GIG) is traded on Oslo Stock Exchange in Norway and employs 578 people.

Management Performance

Gaming Innovation Leadership Team

Elected by the shareholders, the Gaming Innovation's board of directors comprises two types of representatives: Gaming Innovation inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Gaming. The board's role is to monitor Gaming Innovation's management team and ensure that shareholders' interests are well served. Gaming Innovation's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Gaming Innovation's outside directors are responsible for providing unbiased perspectives on the board's policies.
Hessi Mocca, Head Relations
Tore Formo, Group Officer
Claudia Ginex, Chief Officer
Chris Armes, Chief officer
Frode Fagerli, Founder Affiliation
Justin Psaila, Chief Officer
Richard Brown, Chief Officer
Jonas Warrer, Chief Media
Nicola Fitton, Chief Officer
Claudio Caruana, G Counsel

Gaming Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Gaming Innovation a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Other Information on Investing in Gaming Stock

Gaming Innovation financial ratios help investors to determine whether Gaming Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Gaming with respect to the benefits of owning Gaming Innovation security.