GIG Software has announced its fourth quarter and year ended 31 December 2024 financial results.

Revenue was €8.8 million for the fourth quarter of 2024. Adjusted EBITDA for the fourth quarter of 2024 was €0.1 million (Q4 2023: €1.1 million) at a margin of 1% (Q4 2023: 12%). For the full year net loss was €80.2 million for 2024.

Richard Carter, Chief Executive Officer of GiG, commented: “Q4 2024 marked a transformational quarter both in the growth delivered and the foundations laid for 2025, and I am confident as I look to 2025 and beyond of GiG’s ability to deliver the desired results and growth accordingly.”