Gaming Innovation Group (GiG) has reported 2020 third quarter revenues of €17.9m and an EBITDA of €3.2m.
"The growth in financial performance is complemented with strong success in the platform sales funnel, which resulted in six additional long-term contracts signed in the quarter, securing future recurring revenue growth from regulated markets,” said Richard Brown, CEO of GiG.
There was continued quarterly growth with revenues in Q3 2020 of €17.9m (€10.1m in 2019), 78 per cent growth year on year and eight per cent quarter on quarter. Adjusted revenues were €14.2m (€10m), 42 per cent growth year on year and eight per cent quarter on quarter.
EBITDA in Q3 2020 was €3.2m (-€0.4m), up 850 per cent year on year and 12 per cent quarter on quarter.
