GiG Software (OSTO:GIG SDB) ROCE % : -38.88% (As of Dec. 2024)

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What is GiG Software ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. GiG Software's annualized ROCE % for the quarter that ended in Dec. 2024 was -38.88%.

GiG Software ROCE % Historical Data

The historical data trend for GiG Software's ROCE % 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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GiG Software ROCE % Chart

GiG Software Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec23

Dec24

ROCE %

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-21.56

-12.72

9.99

-10.29

-45.78

GiG Software Quarterly Data
	Dec18	Dec19	Dec20	Dec21	Sep23	Dec23	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial			-	-4.51	-	-46.08	-38.88

GiG Software ROCE % Calculation

GiG Software's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	-311.721	/	( ( (0 - 0)	+	(863.847 - 182.892) )	/ 1 )
	=	-311.721	/	( (0	+	680.955)	/ 1 )
	=	-311.721	/	680.955
	=	-45.78 %

GiG Software's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	-276.064	/	( ( (922.994 - 183.918)	+	(863.847 - 182.892) )	/ 2 )
	=	-276.064	/	( ( 739.076	+	680.955 )	/ 2 )
	=	-276.064	/	710.0155
	=	-38.88 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

GiG Software (OSTO:GIG SDB) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

GiG Software ROCE % Related Terms

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GiG Software Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » GiG Software PLC (OSTO:GIG SDB) » Definitions » ROCE %

Comparable Companies

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K0W:Germany

Address

Triq id-Dragunara, St Julian’s, MLT, STJ 3148

Website

https://www.gig.com

GiG Software PLC is a B2B provider of software within the iGaming industry, offering its proprietary technical platform solutions and services tailored to casino operators through a SaaS model. The Company enables operators to design, implement, and operate online casinos through its comprehensive turn-key platform and surrounding product suite. Its products and services are iGaming Platform, Sportsbook Sweepstakes Social Casino, AI Solutions, and Turnkey iGaming services.

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