GiG Software PLC
GiG Software p.l.c. provides online gaming services, primarily casino and sports, and a remote gaming platform in Europe, North America, South America, and internationally. The company's flagship solutions include CoreX, an iGaming platform; DataX, a real-time data platform; LogicX, a real-time rules engine; SweepX, a social sweepstakes casino product that offers a dual-wallet system, prize-redem… Read more
GiG Software PLC (GIG-SDB) - Net Assets
Latest net assets as of September 2025: Skr48.20 Million SEK
Based on the latest financial reports, GiG Software PLC (GIG-SDB) has net assets worth Skr48.20 Million SEK as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr67.00 Million) and total liabilities (Skr18.80 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr48.20 Million |
| % of Total Assets | 71.94% |
| Annual Growth Rate | -7.77% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 191.15 |
GiG Software PLC - Net Assets Trend (2018–2024)
This chart illustrates how GiG Software PLC's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for GiG Software PLC (2018–2024)
The table below shows the annual net assets of GiG Software PLC from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Skr54.20 Million | +354.51% |
| 2021-12-31 | Skr11.93 Million | +230.70% |
| 2020-12-31 | Skr3.61 Million | -82.76% |
| 2019-12-31 | Skr20.92 Million | -76.25% |
| 2018-12-31 | Skr88.08 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to GiG Software PLC's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 13823044500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Skr134.71K | 0.25% |
| Other Components | Skr215.28 Million | 397.20% |
| Total Equity | Skr54.20 Million | 100.00% |
GiG Software PLC Competitors by Market Cap
The table below lists competitors of GiG Software PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Vanfund Urban Investment & Development Co Ltd
SHE:000638
|
$44.07 Million |
|
Ramada Investimentos e Industria S.A
LS:RAM
|
$44.08 Million |
|
Sachem Capital Corp
NYSE MKT:SACH
|
$44.10 Million |
|
Ckd Bio
KO:063160
|
$44.11 Million |
|
TWC Enterprises Limited
PINK:CLKXF
|
$44.07 Million |
|
Kang Yong Electric Public Company Limited
BK:KYE
|
$44.05 Million |
|
Medeze Group PCL
BK:MEDEZE
|
$44.02 Million |
|
GAIAM-A
F:GA6
|
$44.02 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GiG Software PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2024, total equity changed from 11,902,000 to 54,200,000, a change of 42,298,000 (355.4%).
- Net loss of 80,200,000 reduced equity.
- Other factors increased equity by 122,498,000.
Equity Change Factors (2021 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-80.20 Million | -147.97% |
| Other Changes | Skr122.50 Million | +226.01% |
| Total Change | Skr- | 355.39% |
Book Value vs Market Value Analysis
This analysis compares GiG Software PLC's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 9.36x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 5.76x to 9.36x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | Skr0.62 | Skr3.59 | x |
| 2019-12-31 | Skr0.15 | Skr3.59 | x |
| 2020-12-31 | Skr0.03 | Skr3.59 | x |
| 2021-12-31 | Skr0.08 | Skr3.59 | x |
| 2024-12-31 | Skr0.38 | Skr3.59 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GiG Software PLC utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -147.97%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -252.20%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 1.39x
- Recent ROE (-147.97%) is above the historical average (-195.25%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -25.84% | -44.13% | 0.27x | 2.16x | Skr-31.56 Million |
| 2019 | -309.59% | -146.84% | 0.33x | 6.46x | Skr-66.78 Million |
| 2020 | -492.32% | -28.06% | 0.68x | 25.93x | Skr-18.04 Million |
| 2021 | -0.52% | -0.08% | 0.94x | 7.37x | Skr-1.25 Million |
| 2024 | -147.97% | -252.20% | 0.42x | 1.39x | Skr-85.62 Million |
Industry Comparison
This section compares GiG Software PLC's net assets metrics with peer companies in the Electronic Gaming & Multimedia industry.
Industry Context
- Industry: Electronic Gaming & Multimedia
- Average net assets among peers: $222,529,649
- Average return on equity (ROE) among peers: -25.36%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GiG Software PLC (GIG-SDB) | Skr48.20 Million | -25.84% | 0.39x | $44.07 Million |
| BRAVE (BRAVE) | $6.57 Million | -257.66% | 2.59x | $1.26K |
| Coffee Stain Group B (COFFEE-B) | $1.46 Billion | 13.19% | 1.75x | $14.02K |
| Enad Global 7 AB (EG7) | $250.13 Million | -11.23% | 1.84x | $42.96 Million |
| Envar Holding AB (ENVAR) | $21.81 Million | 4.19% | 0.41x | $31.89K |
| Fantasma Games AB (FAGA) | $31.93 Million | 7.12% | 0.51x | $10.81 Million |
| Flexion Mobile PLC (FLEXM) | $13.08 Million | 4.11% | 1.13x | $8.27 Million |
| Fragbite Group AB (FRAG) | $161.51 Million | -63.84% | 1.37x | $2.89 Million |
| Fsport AB (FSPORT) | $48.55 Million | -32.26% | 0.07x | $118.91K |
| Hacksaw (HACK) | $13.19 Million | 108.13% | 0.95x | $1.26 Billion |