Q3 2026 Financial Results
Cision•28/10/2026•03:00 ET
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Key Highlights
- ➤888AFRICA acquisition completed; GiG acquired an 80% stake in the African B2C operator
- ➤Q3 revenue €8.5 million, down 12% year over year
- ➤Q3 adjusted EBITDA €0.8 million, down 33%, with 9% margin
- ➤2026 guidance reiterated at €45–48m revenue and €5.5–7.0m adjusted EBITDA
- ➤2027 outlook projects €85–90m revenue and €17–19m adjusted EBITDA
Expert Statements
Richard Carter, Chief Executive Officer of GiG
“This quarter marked an important step forward for the Group, with the transformational acquisition of an 80% stake in 888AFRICA, a cash-generative and fast-growing African B2C operator. The acquisition has strengthened our financial position, with Group cash and cash equivalents increasing to €8.0 million, creating a solid foundation for future growth.”
Richard Carter, Chief Executive Officer of GiG
“We also continued to build momentum across the business, signing a new partner and extending an existing commercial agreement, alongside delivering three brand launches in Alberta with existing partners.”
Richard Carter, Chief Executive Officer of GiG
“Looking ahead, we remain focused on leveraging the opportunities created by 888AFRICA while continuing to drive sustainable growth through our partnerships and market expansion.”
Completion of 888AFRICA acquisition creates a highly scalable growth engine for the Group
GiG Software Plc (First North: GiG SDB; OTCQX: GIGXF), a leading B2B iGaming technology company, is pleased to announce its financial results for the third quarter ended 30 September 2026 (“Q3 2026”).
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