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GAN (GAN) Tangible Book per Share : $-0.63 (As of Mar. 2024)


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What is GAN Tangible Book per Share?

Tangible book value per share is calculated as the total tangible equity divided by Shares Outstanding (EOP). Total tangible equity is calculated as the Total Stockholders Equity minus Preferred Stock minus Intangible Assets. GAN's tangible book value per share for the quarter that ended in Mar. 2024 was $-0.63.

Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


GAN Tangible Book per Share Historical Data

The historical data trend for GAN's Tangible Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

GAN Tangible Book per Share Chart

GAN Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tangible Book per Share
Get a 7-Day Free Trial 0.36 4.05 0.65 -0.26 -0.56

GAN Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Tangible Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.12 -0.38 -0.48 -0.56 -0.63

Competitive Comparison of GAN's Tangible Book per Share

For the Gambling subindustry, GAN's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


GAN's Price-to-Tangible-Book Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, GAN's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where GAN's Price-to-Tangible-Book falls into.



GAN Tangible Book per Share Calculation

GAN's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-4.604-0-20.728)/45.0716
=-0.56

GAN's Tangible Book Value Per Share for the quarter that ended in Mar. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-8.922-0-19.555)/45.3859
=-0.63

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total equity is a balance sheet item and equal to total assets less total liabilities of the company. Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


GAN  (NAS:GAN) Tangible Book per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


GAN Tangible Book per Share Related Terms

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GAN (GAN) Business Description

Traded in Other Exchanges
Address
400 Spectrum Center Drive, Suite 1900, Irvine, CA, USA, 92618
GAN Ltd provides Software-as-a-Service solutions for online casino gaming and sports betting applications. The company has two operating segments B2B and B2C. The B2B segment develops, markets, and sells instances of GameSTACK, GAN Sports, and iSight Back Office technology that incorporates comprehensive player registration, account funding, and back-office accounting and management tools that enable the casino operators to efficiently, confidently, and effectively extend their presence online in places that have permitted online real money gaming, and The B2C segment, which includes the operations of Coolbet, develops and operates a B2C online sports betting and casino platform that is accessible through its website in markets across Northern Europe, Latin America, and Canada.
Executives
Giuseppe Gardali officer: President, B2B 400 SPECTRUM CENTER DRIVE, SUITE 1900, IRVINE CA 92618
Endre Nesset officer: President, B2C 400 SPECTRUM CENTER DRIVE, SUITE 1900, IRVINE CA 92618
Brian P Chang officer: Interim CFO 400 SPECTRUM CENTER DRIVE, SUITE 1900, IRVINE CA 92618
Eric J Green director C/O FULL HOUSE RESORTS, INC., 1980 FESTIVAL PLAZA DRIVE, SUITE 680, LAS VEGAS NV 89135
Seamus M Mcgill director C/O GAN LIMITED,, 400 SPECTRUM CENTER DRIVE, SUITE 1900, IRVINE CA 92618
Dermot S. Smurfit director, officer: President, CEO 400 SPECTRUM CENTER DRIVE, SUITE 1900, IRVINE CA 92618
Karen Flores director, officer: EVP, Chief Financial Officer 400 SPECTRUM CENTER DRIVE, SUITE 1900, IRVINE CA 92618
Sylvia Tiscareno officer: Chief Legal Officer 400 SPECTRUM CENTER DRIVE, SUITE 1900, IRVINE CA 92618
Glenn Anders Karlsen officer: CEO, Coolbet 400 SPECTRUM CENTER DRIVE, SUITE 1900, IRVINE CA 92618
Simon Knock officer: EVP, Chief Information Officer 400 SPECTRUM CENTER DRIVE, SUITE 1900, IRVINE CA 92618
Michael Arouh officer: Chief Legal Officer 400 SPECTRUM CENTER DRIVE, SUITE 1900, IRVINE CA 92618
Michael Jr. Smurfit director 400 SPECTRUM CENTER DRIVE, SUITE 1900, IRVINE CA 92618
Susan Bracey director C/O YOUBET.COM, INC., 2600 WEST OLIVE AVENUE, 5TH FLOOR, BURBANK CA 91505
David Goldberg director C/O GAN LIMITED, 400 SPECTRUM CENTER DRIVE, SUITE 1900, IRVINE CA 92618
Jan Roos officer: Chief Technology Officer 400 SPECTRUM CENTER DRIVE, SUITE 1900, IRVINE CA 92618