Gan Share Discussion Threads

[mylands] 17/11/2021 14:27

mkid

First para I agree 100% with you on that. Second para, an interesting possibility which I hadn't thought of, but rather depressing if it is happening, as we won't see any positive effect of a new customer(s) on the share price for some after signing up with GAN.

We need something soon to halt this slide. Am I hoping for too much?

[mylands] 17/11/2021 10:07

MKID

Not sure we want him to do that when the numbers won't support his rhetoric. When they do, fine, but we are seeing the result of bullish pronouncements that are not followed up by supporting performance.

No, what we need are some good new customer announcements. Sadly, these seem to have gone ever quieter, during 2021.

[molatovkid] 16/11/2021 15:47

Smurfit needs to start raising the profile of this business and start singing from the rooftops where we are headed.

[festario] 15/11/2021 21:18

The charts are terrible now, all of them.

[mets333] 15/11/2021 12:28

It only grew 10 percent yoy because FanDuel sports migration. Q3 2020 they did 10.4 million rev. Q4 2020 without FanDuel sports they only did 8.8M million revenue even tho Q4 much more profitable season for gambling companies. When comparing yoy revenue you need to take into consideration FanDuel OSB migration. Look at what the B2B side does compared to q4 2020. 8.8 Million Q4 2020. Q4 2021 should be 12 to 13 million. That's a much more fair comparison.

[mip55] 13/11/2021 16:57

Revisiting the investor event presentation Dermot was asked a question on patent infringement and he said it was about to become of major importance in the next weeks and going into early 2022. GAN know who the infringers are and some are fully aware that they are infringing so GAN is ready to resort to legal action to protect their position. Discussion is during the Q&A session and starts at 1.42:45 on the callhttps://www.webcast-eqs.com/gan20211004/en

[napoleon 14th] 13/11/2021 15:47

garmin1 - agreed. Not sure this will be all it was cracked up to be
& there are better places for my money on performance so far.
I regret not selling at $30, but the spiel was $60 withing 3 years.
Seems a long way off now.....

[john09] 12/11/2021 23:35

Another day another dollar

[john09] 12/11/2021 16:24

Pretty sure it was this price the week it floated in the USA

Just imagine where it would be without coolbet. Bloody reward cards online for bricks and mortar casinos 🤣🔫

[garmin1] 12/11/2021 16:10

At headline level the figures look really encouraging. My major concern is the amount of revenue growth in the B2B space. It’s only grown circa 10% yoy and that’s with the whole state of Michigan launching. I would have expected greater growth in revenue. Another concern I have is the ‘significant pipeline’ that Dermot continually refers to on the quarterly calls. We have won very little business with new clients this year, certainly no major ones other than Red Rock. There was also no mention of Ontario again, despite Dermot telling us on the last quarterly call that announcements would be made within ‘weeks’. In short, I’m doubtful of the management here, they talk a great game but I just not sure they’re delivering what they tell us.

[festario] 12/11/2021 15:28

Very disappointing since the Nasdaq listing fanfare took us to 27 dollars and above.A 50% loss of shareholder value in the last 12 months or so.

[mylands] 12/11/2021 15:08

Punters jumping ship with the stock down 10%.

[mip55] 12/11/2021 09:34

At least one encouraging item from the call.....Karen Flores talking about General and Administrative expenses reductions G&A is our single largest cost category at 37% of revenue year-to-date. Which is down from 62% of revenue for the same period last year.We're getting more efficient, and we anticipate that our G&A costs as a percent of revenue will continue to decline over the next several years towards the 10% steady-state environment.

[molatovkid] 12/11/2021 07:45

Tend to think you are right shaker....

We are going to find out for sure. With these stated ambitious revenue figures of $500-600m by 2026 then we should be seeing some strong revenue growth from next year onwards.

[shaker44] 12/11/2021 02:04

I still think GAN are in a sweet spot in an expanding market. Some mis steps, some speed humps but still on the journey. Happy to be patient. I am not a day trader!!

[mip55] 11/11/2021 22:31

Closed at 14.72. After hours dropped to 14.70 . Hardly a plummet. 0.02c or -0.14%. Not to say it won't tomorrow of course but certainly no evidence yet

[longwell] 11/11/2021 21:42

Plummeting as predicted.Gutted , all they had to do was stop spending on talent and sweat what they have already. Takeover is only hope. Great potential wasted. Good luck to those who remain.I'm done.

[harry the haddock] 11/11/2021 21:14

same old, same old - jam tomorrow after another set of disappointing results.

God i wish Dermot would take a leaf out of others books and under promise and over achieve

[mip55] 11/11/2021 21:12

Total revenue was $32.3 million versus $34.6 million, a 7% decrease driven by sports seasonality and lower sports betting margins than the prior quarterLoss per share in the quarter -$0.19

[longwell] 11/11/2021 21:09

Can't as already used my capital gains allowance for myself and wife. Large remaining holding all profit. Spike around superbowl and hope for $16 at full year.Read results , same old , same old.

[mylands] 11/11/2021 16:20

Third qtr figures out after the market closes this evening. Saving Alpha have consensus eps of -$0.13 and and revenues of $31.92 million.

If Dermot misses those on the wrong side he won't have much credibility left.

Longwell, if you think it will be $2 lower tomorrow, why wait to move on, that's a hell of a fall from the current share price

[longwell] 11/11/2021 09:01

If this hits $12 which I suspect it will by tomorrow I plan to take out my investment in April as soon as tax man allows. Had a great run and fantastic profits. Having spent 12 months watching my value half while rest of my investments are all up is just not acceptable. Great company and in a few years no doubt back in the 20.00 region. Too much jam tomorrow, been there seen it before and unless a take over going nowhere for years. Disappointed but that's investing. Good luck to all.

[harry the haddock] 10/11/2021 13:06

from the XLM board

Thanks to joehigashi on LSE...

Legal Sports Betting in the U.S. Surpasses $5 Billion in a Month for the First Time in History
With established markets maturing and new states joining the fray, legal sports wagering continues its rapid expansion in the U.S.
hxxps://www.prnewswire.com/news-releases/playusacom-legal-sports-betting-in-the-us-surpasses-5-billion-in-a-month-for-the-first-time-in-history-301420341.html