GiG Software PLC Q1 2025 Results: 10% Revenue Growth, Positive EBITDA & New Deals | May 22, 2025

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GiG Software PLC (First North: GiG SDB), a leading B2B iGaming technology provider, reported strong Q1 2025 results on May 22, 2025. Revenue rose 10% year-over-year to €9.1 million, driven by the ramp-up of new customers signed throughout 2024 and early 2025. Adjusted EBITDA turned positive at €0.3 million, a significant improvement from a €0.9 million loss in Q1 2024, reflecting a 4% margin and continued cost discipline. Operational highlights included four key customer launches—such as Betzone (UK), Primero (Sweepstakes), and Powerplay (Ontario)—and nine new commercial agreements, including an expanded partnership with Casino Gran Madrid. The signed sales pipeline grew to €20 million, up from €16 million at year-end 2024. GiG also initiated a technical consolidation project to streamline business processes and drive future cost savings. Despite a net loss after tax of €4.6 million, improved profitability, lower net cash outflow, and a cash balance of €4.9 million position the company for continued momentum. Management reaffirmed full-year guidance, citing a strong start to 2025 and ongoing demand for GiG’s scalable solutions. Outlook: Focus on further customer launches and commercial expansion Continued cost optimization and technical consolidation for 2026 revenue upside Strong sales pipeline and market-leading product innovation About Inside Ticker: For more expert analysis and real-time updates on GiG Software PLC (First North: GiG SDB) and other market movers, follow Inside Ticker and visit InsideTicker.com for in-depth reports, financial insights, and the latest news on leading companies. #GiGSoftware #Q12025 #EarningsCall #iGaming #B2B #RevenueGrowth #FinancialResults #InsideTicker