Professional
Added to YB: 2025-03-11
Pitch date: 2025-03-03
GIG-SDB.ST [bullish]
GiG Software PLC
+12.99%
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 PLC provides solutions, products, and services to iGaming operators worldwide. It offers iGaming platform; sportsbook for sports betting; Sweepstakes social casino; AI solutions; and managed services, including media services, operations services, and customer relationship management.
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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