Gaming Innovation Group reports Q4 2022
Gaming Innovation Group Inc. (GiG) reports Q4 2022 revenues* of €26.0 million and an adjusted EBITDA of €10.8 million. “We have delivered a stellar quarter across the business with strong growth for Group revenues and EBITDA of 44% & 71% respectively”, says Richard Brown, CEO of GiG. Financial Highlights · The Group achieved all-time high revenues* in Q4 2022 amounting to €26.0m (18.1), an increase of 44% YoY, whereof 35% organic · Adjusted EBITDA was €10.8m (6.3), up 71%, adjusted EBITDA margin* increased to 41.4% (34.9) · EBIT was €4.0m (2.2), with an EBIT margin* of 15.