Professional
Added to YB: 2024-01-30
Pitch date: 2024-01-30
GIG.OL [bullish]
Gentoo Media Inc.
-55.4%
current return
Author Info
No bio for this author
Company Info
Gentoo Media Inc., an iGaming technology company, together with its subsidiaries, provides solutions, products, and services to iGaming operators in Nordic countries, other European countries, and internationally.
Market Cap
SEK 128.7M
Pitch Price
SEK 26.28
Price Target
47.00 (+301%)
Dividend
N/A
EV/EBITDA
3.83
P/E
11.93
EV/Sales
2.03
Sector
Hotels, Restaurants and Leisure
Category
special_situation
Arauca Capital holding - Gaming Innovation Group ($GIG.OL)
GIG.OL: Core hold despite flat price. Impressive execution, media & platform split in Sweden simplifies logistics. Kafe Rocks deal at 3.5x '24 EBITDA complements Ask Gamblers (+45% rev, +65% EBITDA). Media '24E: €140M rev, €65M EBITDA; peers ~10x EV/EBITDA implies €550M (47 SEK/share) vs 29 SEK now. Profitable platform '24E €16M EBITDA. Split H1 '24 could realize big value. Full update next letter.
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