Professional
Added to YB: 2025-03-11
Pitch date: 2025-03-03
GIG-SDB.ST [bullish]
GiG Software p.l.c.
-43.28%
current return
Author Info
We perform researched powered investment banking with a belief that Scandinavia will be a hotspot for the major future innovations within tech and lifescience. Visit their website.
Company Info
GiG Software p.l.c. provides online gaming services, primarily casino and sports, and a remote gaming platform in Europe, North America, South America, and internationally.
GiG Software PLC - $GIG-SDB.ST
GIG-SDB.ST: Online gambling platform supplier w/ SaaS model. 80% recurring revenue. Strong sales pipeline supports 40% 2025 rev growth, 23% EBITDA margin. Redeye forecasts 31% CAGR 2024-27E, 40% EBITDA margin by 2027. Base case SEK10/share. Currently trades at 2-4x 2025-26E EBITDA vs peers 10-11x.
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