GAN Limited (GAN)

GAN Limited Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	36.86	38.58	45.92	39.48	152.65	10.28
Cash & Short-Term Investments	36.86	38.58	45.92	39.48	152.65	10.28
Cash Growth	-15.04%	-15.99%	16.32%	-74.14%	1385.11%	47.54%
Accounts Receivable	8.85	11.42	13.81	8.11	6.82	4.98
Other Receivables	-	-	-	-	-	1.75
Receivables	8.85	11.42	13.81	8.11	6.82	6.73
Inventory	-	-	-	-	-	0.88
Prepaid Expenses	3.69	3.34	4.86	3.5	1.91	0.58
Other Current Assets	4.46	3.2	3.04	3.34	2.11	0.3
Total Current Assets	53.86	56.54	67.63	54.42	163.5	18.77
Property, Plant & Equipment	7.31	8.5	3.08	2.55	2.09	1.63
Goodwill	-	-	-	146.14	-	-
Other Intangible Assets	18.36	20.73	31.7	50.32	7.12	5.13
Long-Term Accounts Receivable	-	1.13	-	-	-	-
Long-Term Deferred Tax Assets	-	0.15	-	-	-	-
Other Long-Term Assets	1.66	0.45	0.66	7.48	0.54	0.66
Total Assets	81.19	87.5	103.08	260.91	173.25	26.19
Accounts Payable	6.26	6.97	6.44	5.27	4.93	2.65
Accrued Expenses	9.13	11.87	10.96	13.36	8.3	3.16
Current Portion of Leases	0.81	0.8	0.2	-	0.32	0.46
Current Income Taxes Payable	-	-	-	-	0.02	-
Current Unearned Revenue	15.48	13.68	11.6	9.25	1.08	3.02
Other Current Liabilities	2.94	3.4	3.34	5.16	2.67	1.01
Total Current Liabilities	34.61	36.72	32.53	33.03	17.31	10.29
Long-Term Debt	44.5	42.19	28.16	-	-	-
Long-Term Leases	3.04	3.58	-	-	0.31	0.75
Long-Term Unearned Revenue	3.67	4.38	1.2	1.61	-	-
Long-Term Deferred Tax Liabilities	3.79	3.79	4.22	1.79	-	-
Other Long-Term Liabilities	1.73	1.44	16.2	0.44	0.06	-
Total Liabilities	91.34	92.11	82.31	36.87	17.68	11.04
Common Stock	0.45	0.45	0.43	0.42	0.37	0.22
Additional Paid-In Capital	337.99	336.55	329	319.55	203.84	40.86
Retained Earnings	-315.2	-309.31	-274.86	-76.36	-45.77	-23.02
Comprehensive Income & Other	-33.4	-32.3	-33.8	-19.58	-2.88	-2.91
Shareholders' Equity	-10.15	-4.6	20.77	224.04	155.56	15.15
Total Liabilities & Equity	81.19	87.5	103.08	260.91	173.25	26.19
Total Debt	48.35	46.57	28.35	-	0.63	1.21
Net Cash (Debt)	-11.49	-7.99	17.57	39.48	152.02	9.07
Net Cash Growth	-	-	-55.50%	-74.03%	1576.30%	70.86%
Net Cash Per Share	-0.26	-0.18	0.41	0.94	5.63	0.39
Filing Date Shares Outstanding	45.47	45.11	43.14	42.25	42.02	21.49
Total Common Shares Outstanding	45.39	45.07	42.89	42.25	36.64	21.49
Working Capital	19.24	19.82	35.1	21.39	146.18	8.47
Book Value Per Share	-0.22	-0.10	0.48	5.30	4.25	0.70
Tangible Book Value	-28.51	-25.33	-10.94	27.57	148.45	10.01
Tangible Book Value Per Share	-0.63	-0.56	-0.25	0.65	4.05	0.47
Machinery	6.4	7.3	6.45	4.99	2.81	1.5

Source: S&P Capital IQ. Standard template. Financial Sources.