GiG Software revenue sinks 12% in third-quarter 2026
GiG Software has announced its financial results for the third quarter 2026, revenue was €8.5 million down 12%, adjusted EBITDA for the third quarter of 2026 was €0.8 million (Q3 2025: €1.2 million) at a margin of 9% (Q3 2025: 12%).
Operating loss for the third quarter of 2026 of €4.3 million (Q3 2025: loss of €3.5 million. 2026 guidance reiterated with combined revenue of €45–48m and adjusted EBITDA of €5.5–7.0m.
Richard Carter, Chief Executive Officer of GiG, commented: “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.