Brief: Gaming Innovation Group Q4 Adj EBITDA Up At EUR 10.8 Mln

Gentoo Media

15/02/2023 10:13

Feb 15 (Reuters) - Gaming Innovation Group Inc  GIG.OL :
    * Q4 2022 REVENUES OF EUR 26.0 MILLION AND AN ADJUSTED
EBITDA OF
EUR 10.8 MILLION
    * ALL-TIME HIGH REVENUES IN Q4 2022 AMOUNTING TO EUR 26.0M
(18.1),
AN INCREASE OF 44% YOY, WHEREOF 35% ORGANIC
    * ADJUSTED EBITDA WAS EUR 10.8M (6.3), UP 71%, ADJUSTED
EBITDA
MARGIN INCREASED TO 41.4% (34.9)
    * EBIT WAS EUR 4.0M (2.2), WITH AN EBIT MARGIN OF 15.5%
(12.4%),
AN INCREASE OF 80% YOY
    * REVENUES IN GIG MEDIA AT ALL-TIME HIGH OF EUR 17.8M (12.8)
IN
Q4, AN INCREASE OF 40%, WITH AN ADJUSTED EBITDA OF EUR 8.9 (5.9)

Source text for Eikon:  ID:nWkr3MQGkY 
Further company coverage:  GIG.OL 
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