Finance

GiG media division reports record December as Q4 revenue climbs 38%

Fourth quarter EBITDA increases by €4m year-on-year on pivot to B2B-only model

Gaming Innovation Group (GiG) has reported a 38% year-on-year increase in normalised Q4 2020 revenue to €14.2m. EBITDA for the period reached €4.1m, up from €0.1m last year after a meteoric rise of 4,431%, on a normalised EBITDA margin of 29.2%. GiG’s media services division revenue increased by 20% to €9m annually while core platform…

Affiliates | B2B | Finance | Gaming Innovation Group | Q4 2020 | Richard Brown

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