![]() ![]() Positive cash flow from operations of €8.3m (10.0)9.5) ![]() ![]() Revenues* for Platform & Sportsbook were €9.3m (7.8), an increase of 20%, all organic, with adjusted EBITDA of €3.2m (1.7) Revenues in GiG Media at all-time high of €22.5m (15.1), an increase of 49% (23% organic), with an adjusted EBITDA of €10.4 (6.8) earn-out reversal was €6.8m (2.5), an increase of 173% YoY, with an EBIT margin* of 21.2% (10.8%) Gaming Innovation Group achieved all-time high revenues* in Q3 2023 amounting to €31.8m (22.9), an increase of 39% YoY, whereof 23% organicĪdjusted EBITDA was €23.4m (8.5), and excluding a €9.8m reversal of earn-out provision, EBITDA was €13.6m (8.5), an increase of 61% YoY, with an adjusted EBITDA margin* of 42.8% (37.0%)ĮBIT ex. The third quarter of 2023 has proven to be another period of growth and achievement", says Petter Nylander, Chairman of GiG. " I am delighted to share with you the strong Q3-2023 results for Gaming Innovation Group, as we continue our journey towards becoming world leaders in the iGaming industry, focusing on our two core business areas, Media and Platform & Sportsbook. (GiG) reports Q3 2023 revenues* of €31.8 million and an adjusted EBITDA of €23.4 million. 8, 2023 /PRNewswire/ - Gaming Innovation Group Inc. ![]()
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