when your organization is looking to deploy social gaming, real money gaming, or unique in-casino mobile experiences to your players' hands, gan has the solution. with over thirteen years of experience as a business-to-business provider to the igaming sector, gan's team of engineers, marketers, and product experts tailor solutions to our partner's needs. gan's flagship clients are market leading casino operations and best-in-class content development houses. gan's simulated gaming social casino partners include maryland live!, american casino and entertainment properties, the borgata hotel casino & spa, san manuel indian bingo and casino, empire city casino, and parx casino.
Company profile
Ticker
GAN
Exchange
Website
CEO
Dermot Smurfit
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
GAN (UK) Limited • GameAccount Alderney Limited • GAN Nevada, Inc. • GAN Software Services BG Ltd • Lockbox Games Limited • GAN Digital Ltd • GAN Services Limited • Vincent Group Ltd • Polar Ltd • DoubleSpin Ltd ...
GAN stock data
Latest filings (excl ownership)
10-K
2023 FY
Annual report
13 Mar 24
8-K
GAN Reports Fourth Quarter and Full Year 2023 Financial Results
13 Mar 24
8-K
GAN Limited Shareholders Approve SEGA SAMMY Merger Proposal
13 Feb 24
DEFA14A
Additional proxy soliciting materials
9 Feb 24
DEFA14A
Additional proxy soliciting materials
1 Feb 24
DEFA14A
Additional proxy soliciting materials
10 Jan 24
DEFM14A
Proxy related to merger
9 Jan 24
DEFA14A
Additional proxy soliciting materials
22 Dec 23
8-K
GAN Announces Changes to its Board of Directors
22 Dec 23
PREM14A
Preliminary proxy related to merger
15 Dec 23
Transcripts
GAN
Earnings call transcript
2023 Q1
10 May 23
GAN
Earnings call transcript
2022 Q4
30 Mar 23
GAN
Earnings call transcript
2022 Q3
14 Nov 22
GAN
Earnings call transcript
2022 Q2
16 Aug 22
GAN
Earnings call transcript
2022 Q1
17 May 22
GAN
Earnings call transcript
2021 Q4
23 Mar 22
GAN
Earnings call transcript
2021 Q3
12 Nov 21
GAN
Earnings call transcript
2021 Q2
17 Aug 21
GAN
Earnings call transcript
2021 Q1
18 May 21
GAN
Earnings call transcript
2020 Q4
26 Mar 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | |
---|---|---|---|---|
Revenue | ||||
Cost of revenue | ||||
Operating income | ||||
Operating margin | ||||
Net income | ||||
Net profit margin | ||||
Cash on hand | ||||
Change in cash | ||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 39.21 mm | 39.21 mm | 39.21 mm | 39.21 mm | 39.21 mm | 39.21 mm |
Cash burn (monthly) | 1.39 mm | 214.67 k | 2.81 mm | 14.81 mm | 764.00 k | 110.83 k |
Cash used (since last report) | 8.33 mm | 1.28 mm | 16.82 mm | 88.62 mm | 4.57 mm | 663.20 k |
Cash remaining | 30.88 mm | 37.93 mm | 22.39 mm | -49.41 mm | 34.64 mm | 38.55 mm |
Runway (months of cash) | 22.2 | 176.7 | 8.0 | -3.3 | 45.3 | 347.8 |
Institutional ownership, Q2 2023
18.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 59 |
Opened positions | 10 |
Closed positions | 13 |
Increased positions | 13 |
Reduced positions | 17 |
13F shares | Current |
---|---|
Total value | 6.72 bn |
Total shares | 8.13 mm |
Total puts | 113.50 k |
Total calls | 99.40 k |
Total put/call ratio | 1.1 |
Largest owners | Shares | Value |
---|---|---|
Smurfit Michael WJ | 2.09 mm | $53.35 mm |
River & Mercantile Asset Management | 923.70 k | $1.53 mm |
BLK Blackrock | 674.21 k | $1.11 bn |
Vanguard | 565.06 k | $926.69 mm |
Exchange Traded Concepts | 423.47 k | $694.49 mm |
Bridgeway Capital Management | 421.28 k | $690.90 mm |
Renaissance Technologies | 399.02 k | $654.00 k |
Gsa Capital Partners | 393.14 k | $645.00 k |
Geode Capital Management | 385.45 k | $632.14 mm |
Two Sigma Advisers | 177.30 k | $290.77 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
23 Mar 24 | Giuseppe Gardali | Ordinary Shares | Payment of exercise | Dispose F | No | No | 1.31 | 14,176 | 18.57 k | 54,925 |
23 Mar 24 | Giuseppe Gardali | Ordinary Shares | Option exercise | Acquire M | No | No | 0 | 30,164 | 0.00 | 69,101 |
23 Mar 24 | Giuseppe Gardali | RSU Ordinary Shares | Option exercise | Dispose M | No | No | 0 | 10,510 | 0.00 | 31,528 |
23 Mar 24 | Giuseppe Gardali | RSU Ordinary Shares | Option exercise | Dispose M | No | No | 0 | 19,654 | 0.00 | 58,959 |
23 Mar 24 | Brian P Chang | Ordinary Shares | Payment of exercise | Dispose F | No | No | 1.31 | 6,766 | 8.86 k | 35,570 |
23 Mar 24 | Brian P Chang | Ordinary Shares | Option exercise | Acquire M | No | No | 0 | 16,511 | 0.00 | 42,336 |
23 Mar 24 | Brian P Chang | RSU Ordinary Shares | Option exercise | Dispose M | No | No | 0 | 16,511 | 0.00 | 49,531 |
23 Mar 24 | Sylvia Tiscareno | Ordinary Shares | Payment of exercise | Dispose F | No | No | 1.31 | 16,642 | 21.80 k | 107,452 |
23 Mar 24 | Sylvia Tiscareno | Ordinary Shares | Option exercise | Acquire M | No | No | 0 | 56,170 | 0.00 | 124,094 |
23 Mar 24 | Sylvia Tiscareno | RSU Ordinary Shares | Option exercise | Dispose M | No | No | 0 | 26,170 | 0.00 | 78,509 |
News
NCAA President Charlie Baker Posted On X "It Is Time For Us To Draw The Line On Sports Betting To Protect Student-Athletes"
27 Mar 24
Recap: GAN Q4 Earnings
13 Mar 24
GAN Q4 EPS $(0.21) Misses $(0.15) Estimate, Sales $30.71M Miss $34.42M Estimate
13 Mar 24
GAN Announces Recent Appointment Of Mr. Seamus McGill To CEO
15 Feb 24
GAN Limited Shareholders Approve SEGA SAMMY Merger Proposal At Special General Meeting Of Shareholders
13 Feb 24
Press releases
GAN Reports Fourth Quarter and Full Year 2023 Financial Results
13 Mar 24
GAN Limited Shareholders Approve SEGA SAMMY Merger Proposal at Special General Meeting of Shareholders
13 Feb 24
GAN Reminds Shareholders to Vote in the Upcoming Special Shareholder Meeting
9 Feb 24
Wohl & Fruchter LLP Files Class Action Lawsuit on Behalf of Shareholders of GAN Limited in the U.S. District Court for the Southern District of New York
19 Jan 24
GAN Files Definitive Proxy Statement and Will Hold Special Meeting of Shareholders to Vote on Merger With Affiliate of SEGA SAMMY HOLDINGS, INC.
10 Jan 24