GAN (GAN) Stock Price, News & Analysis

Company Overview

GAN plc is a business-to-business software provider specializing in online gaming and sports betting solutions. The company offers a comprehensive suite of cloud-based services designed to support regulated iGaming operators in managing customer acquisition, live betting, player account management, payment processing, loyalty programs and regulatory compliance tools. Through its proprietary platform, GAN enables clients to streamline operations, enhance player experiences and accelerate market entry in jurisdictions with evolving regulatory frameworks.

GAN’s core product offerings include a turnkey casino platform, real-money sportsbook, and a range of modular services that operators can integrate to address specific market requirements. The platform is built on a scalable architecture that supports real-time data analytics, fraud prevention and responsible gaming measures. GAN also provides customized front-end applications and white-label solutions, allowing partners to maintain brand control while leveraging enterprise-grade back-end infrastructure.

Founded in 2001 as GameAccount Network, the company initially focused on European social gaming before pivoting to regulated, real-money iGaming markets. GAN has been publicly traded on the NASDAQ under the ticker GAN since 2019, following a corporate restructuring that aligned its international operations and bolstered its focus on the burgeoning U.S. market. The company maintains offices in New Jersey, Gibraltar and London, serving clients across North America, Europe and Latin America.

Under the leadership of Founder and CEO Dermot Smurfit, GAN has forged partnerships with leading gaming operators and land-based casino companies seeking to expand into online channels. The executive team combines deep industry expertise in technology, regulatory affairs and gaming operations to navigate complex licensing environments. As governments worldwide continue to regulate sports betting and iGaming, GAN’s platform-centric approach positions the company to support operators pursuing growth in newly opened markets.

Key Stats

• Today's Range: $1.97 to $1.97
• 50-Day Range: $1.80 to $1.97
• 52-Week Range: $1.49 to $1.97
• Volume: N/A
• Average Volume: 211,109 shs
• Market Capitalization: $91.53 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

GAN Stock Analysis - Frequently Asked Questions

How have GAN shares performed this year?

GAN's stock was trading at $1.82 at the beginning of the year. Since then, GAN stock has increased by 8.2% and is now trading at $1.97.

How were GAN's earnings last quarter?

GAN Limited (NASDAQ:GAN) posted its quarterly earnings data on Friday, May, 9th. The company reported ($0.15) EPS for the quarter, missing analysts' consensus estimates of ($0.06) by $0.09. The company had revenue of $29.37 million for the quarter, compared to analysts' expectations of $37.48 million.

When did GAN IPO?

GAN (GAN) raised $48 million in an initial public offering (IPO) on Tuesday, May 5th 2020. The company issued 6,400,000 shares at a price of $6.50-$8.50 per share. B. Riley FBR acted as the underwriter for the IPO and Macquarie Capital was co-manager.

How do I buy shares of GAN?

Shares of GAN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of GAN own?

Based on aggregate information from My MarketBeat watchlists, some other companies that GAN investors own include Waste Connections (WCN), American Water Works (AWK), AU Optronics (AUOTY), DiamondRock Hospitality (DRH), The RMR Group (RMR), iShares Micro-Cap ETF (IWC) and Voyager Therapeutics (VYGR).

Company Calendar

• Last Earnings: 5/09/2025
• Today: 7/13/2025
• Next Earnings (Estimated): 8/07/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Computer programming, data processing, & other computer related
• Sub-Industry: Computer Software
• Current Symbol: NASDAQ:GAN
• CIK: 1799332
• Web: www.gan.com
• Phone: (207) 292-6262
• Fax: N/A
• Employees: 680
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): ($0.24)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$34.44 million
• Net Margins: -9.84%
• Pretax Margin: -10.46%
• Return on Equity: N/A
• Return on Assets: -15.85%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.74
• Quick Ratio: 1.74

Sales & Book Value

• Annual Sales: $133.71 million
• Price / Sales: 0.68
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: ($0.10) per share
• Price / Book: -19.70

Miscellaneous

• Outstanding Shares: 46,460,000
• Free Float: 41,697,000
• Market Cap: $91.53 million
• Optionable: Optionable
• Beta: 1.86