GAN Announces Profitable 2019 Half Year Financial Results Driven by 145% Net Revenue Growth
FLUTTER ENTMT UNSP/ADR (PDYPY)
NASDAQ:AMEX Investor Relations:
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Company Research
Source: Business Wire
Company to Host Conference Call at 4:00 PM BST (11am EDT / 8am PDT) to Discuss Financial Results, Strategic Review, and Outlook for 2019 LONDON--(BUSINESS WIRE)--GAN plc (“GAN” or the “Group”), a leading B2B supplier of Internet gambling enterprise software-as-a-service solutions to the land-based casino industry, announces its operating and financial results for the six months ended 30 June 2019. The Company has also made an Investor Presentation with additional information on GAN’s outlook and strategic initiatives available on its website at www.GAN.com.The full Chairman’s Report, Financial and Operational Review, and Statements are available on GAN’s website at www.GAN.com.Financial OverviewGroup Net Revenue of £11.3m (H1 2018: £4.6m), an increase of +145%Clean EBITDA1 profit of £3.0m (H1 2018: clean EBITDA loss of £0.3m)Profit after tax of £0.7m (H1 2018: loss after tax of £3.0m)Basic earnings per share of £0.01 (H1 2018: loss per share £0.04)Cash and cash equivalents at 30 Ju
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