Gigas Hosting (XMAD:GIGA) Construction In Progress : €1.46 Mil (As of Dec. 2024)

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What is Gigas Hosting Construction In Progress?

Gigas Hosting's quarterly construction in progress declined from Dec. 2023 (€2.96 Mil) to Jun. 2024 (€1.31 Mil) but then increased from Jun. 2024 (€1.31 Mil) to Dec. 2024 (€1.46 Mil).

Gigas Hosting's annual construction in progress increased from Dec. 2022 (€2.96 Mil) to Dec. 2023 (€2.96 Mil) but then declined from Dec. 2023 (€2.96 Mil) to Dec. 2024 (€1.46 Mil).

Gigas Hosting Construction In Progress Historical Data

The historical data trend for Gigas Hosting's Construction In Progress 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.

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Gigas Hosting Construction In Progress Chart

Gigas Hosting Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Construction In Progress

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2.96

1.46

Gigas Hosting Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24	Dec24
Construction In Progress	Get a 7-Day Free Trial															3.86	-	2.96	1.31	1.46

Gigas Hosting Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Gigas Hosting Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Gigas Hosting SA (XMAD:GIGA) » Definitions » Construction In Progress

Comparable Companies

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Address

Fuencarral Avenue 44, Gigas Building, Alcobendas, Madrid, ESP, 28108

Website

https://www.gigas.com

Gigas Hosting SA provides and markets cloud computing services and infrastructure as a service (cloud server hosting or laas), as well as all types of telecommunications services. The company offers various services, including Cloud services for business, Cloud Data Centers, Firewalls, Cloud security services, VPN, g-Cloud CRM, g-Cloud ERM, SMS Broadcast, Mobile Gigas, Gigas Fibers, and others. Its geographical services are: Iberia (Spain and Portugal), which derives maximum revenue, Latin America (LATAM), and the Rest of the world.