GiG Software reported lower revenue and earnings for Q2 2026. The company also posted a wider operating loss for the period – see more details:

• Revenue fell to EUR 8.8m from EUR 9.3m a year earlier. Adjusted EBITDA was EUR 0.8m, down from EUR 1.0m. The adjusted EBITDA margin came in at 9%.
• Operating loss in Q2 2026 increased to EUR 6.9m from EUR 3.7m. This included EUR 3m in one-off bad debt provisions. GiG ended June with EUR 3.5m in cash.
• For H1 2026, revenue was EUR 17.8m, down from EUR 18.4m. Adjusted EBITDA fell to EUR 1.0m from EUR 1.4m. GiG has started another cost-saving programme targeting EUR 6m annually.
• GiG provides technology to online gambling operators. Its products cover iGaming platforms, sportsbook technology and managed services. During Q2, nine brands went live and four contracts were renewed.
• GiG is also working on its planned purchase of 80% of 888AFRICA for EUR 16.4m. CEO Richard Carter said the company had taken “decisive action” to reshape the business.

Please find more news here.