Gan Ltd

Company Profile

Gan Ltd had its IPO on 2020-05-05 under the ticker symbol GAN.

The company operates in the Consumer Cyclical sector and Gambling industry. Gan Ltd has a staff strength of 701 employees.

Stock update

Shares of Gan Ltd opened at $1.4 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $1.36 - $1.42, and closed at $1.36.

This is a -2.16% slip from the previous day's closing price.

A total volume of 71,114 shares were traded at the close of the day’s session.

In the last one week, shares of Gan Ltd have slipped by -5.56%.

Gan Ltd's Key Ratios

Gan Ltd has a market cap of $64.34 million, indicating a price to book ratio of 0.4389 and a price to sales ratio of 0.4984.

In the last 12-months Gan Ltd’s revenue was $137.95 million with a gross profit of $99.89 million and an EBITDA of $-11308000. The EBITDA ratio measures Gan Ltd's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Gan Ltd’s operating margin was -20.32% while its return on assets stood at -10.27% with a return of equity of -191.74%.

In Q2, Gan Ltd’s quarterly earnings growth was a negative -77% while revenue growth was a negative 3.5%.

Gan Ltd’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-4.13 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Gan Ltd’s profitability.

Gan Ltd stock is trading at a EV to sales ratio of 0.3921 and a EV to EBITDA ratio of -1.2685. Its price to sales ratio in the trailing 12-months stood at 0.4984.

Gan Ltd stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$94.98 million

Total Liabilities

$32.27 million

Operating Cash Flow

$-1807000.00

Capital Expenditure

$1.81 million

Dividend Payout Ratio

0%

Gan Ltd ended 2024 with $94.98 million in total assets and $0 in total liabilities. Its intangible assets were valued at $94.98 million while shareholder equity stood at $9.94 million.

Gan Ltd ended 2024 with $4.63 million in deferred long-term liabilities, $32.27 million in other current liabilities, 447000.00 in common stock, $-291769000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $43.39 million and cash and short-term investments were $43.39 million. The company’s total short-term debt was $409,000 while long-term debt stood at $39.77 million.

Gan Ltd’s total current assets stands at $60.93 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $10.15 million compared to accounts payable of $4.82 million and inventory worth $3.93 million.

In 2024, Gan Ltd's operating cash flow was $-1807000.00 while its capital expenditure stood at $1.81 million.

Comparatively, Gan Ltd paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$1.36

52-Week High

$2.89

52-Week Low

$1.17

Analyst Target Price

$3.13

Gan Ltd stock is currently trading at $1.36 per share. It touched a 52-week high of $2.89 and a 52-week low of $2.89. Analysts tracking the stock have a 12-month average target price of $3.13.

Its 50-day moving average was $1.66 and 200-day moving average was $1.61 The short ratio stood at 1.01 indicating a short percent outstanding of 0%.

Around 594.8% of the company’s stock are held by insiders while 2078.6% are held by institutions.