In 1Q25, GiG Software extended its trend of improving Adjusted EBITDA (3Q24, 4Q24, 1Q25: €-1.1m, €0.1m, €0.3m). The company delivered four brand launches and continued to rationalise its cost base. GiG Software plans to significantly accelerate launches and further consolidate expenses throughout the remainder of the year, giving us confidence in our forecasts for revenue to grow 38% and Adjusted EBITDA to scale to at least €10m in 2025. Based on increasing confidence in 4Q25E revenue run rate, ....
22 May 2025
GiG Software (GIG) - Q1 results - Corporate
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GiG Software (GIG) - Q1 results - Corporate
- Published:
22 May 2025 -
Author:
Bob Liao, CFA | Charlie Williams -
Pages:
8 -
In 1Q25, GiG Software extended its trend of improving Adjusted EBITDA (3Q24, 4Q24, 1Q25: €-1.1m, €0.1m, €0.3m). The company delivered four brand launches and continued to rationalise its cost base. GiG Software plans to significantly accelerate launches and further consolidate expenses throughout the remainder of the year, giving us confidence in our forecasts for revenue to grow 38% and Adjusted EBITDA to scale to at least €10m in 2025. Based on increasing confidence in 4Q25E revenue run rate, ....