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GAN

May 2019

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • GAN
  • Price:
  • 58p
The surprising news over the month wasn’t the results - these came in much as expected - but news that as well as exploring its NASDAQ listing, the company is entering a formal sale process. GAN says it is doing so in order to unlock value for shareholders in its US-facing assets, which include US gaming licenses, technology platforms and patents.As it was, there was an increase in net revenue of 16% year-on-year to £10.6m, driven by more casinos going live with real money internet gambling. As a result H2 revenue was 30% over H1 and GAN has reported an EBITDA loss of £1.5m as it continued its investment in technical development resources to enable the launch of new gambling services for clients in New Jersey (Par ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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