Gaming Realms PLC Announces Pre-Close Trading Update
Gaming Realms plc (AIM:GMR) has released a pre-close trading update for H1 2024, reporting expected revenue of £13.5 million and adjusted EBITDA of £5.8 million, representing year-on-year increases of 18% and 21% respectively. The company's core content licensing business grew by 28% year-on-year, driven by partnerships with 22 new clients and the launch of 7 new Slingo games. Notable expansions include launches with Fanduel, Atlantic Lottery , and Fanatics in North America, as well as Pokerstars, DAZN, and Entain in Europe. The strong performance has led the Board to believe the company is on track to meet its full-year targets. Gaming Realms expects to announce its 2024 Interim Results in the week commencing September 9, 2024.
Gaming Realms plc (AIM:GMR) ha rilasciato un aggiornamento commerciale pre-chiusura per il primo semestre del 2024, riportando entrate previste di 13,5 milioni di sterline e EBITDA rettificato di 5,8 milioni di sterline, rappresentando aumenti anno su anno del 18% e del 21% rispettivamente. Il principale settore di licensing dei contenuti dell'azienda è cresciuto del 28% anno su anno, grazie a partnership con 22 nuovi clienti e al lancio di 7 nuovi giochi Slingo. Tra le espansioni significative vi sono i lanci con Fanduel, Atlantic Lottery e Fanatics in Nord America, così come Pokerstars, DAZN ed Entain in Europa. Le forti performance hanno portato il Consiglio a ritenere che l'azienda sia sulla buona strada per raggiungere i propri obiettivi annuali. Gaming Realms prevede di annunciare i risultati intermedi del 2024 nella settimana che inizia il 9 settembre 2024.
Gaming Realms plc (AIM:GMR) ha lanzado una actualización de trading previa al cierre para el primer semestre de 2024, informando sobre ingresos esperados de 13,5 millones de libras esterlinas y EBITDA ajustado de 5,8 millones de libras esterlinas, lo que representa aumentos interanuales del 18% y del 21% respectivamente. El negocio principal de licencias de contenido de la compañía creció un 28% interanualmente, impulsado por asociaciones con 22 nuevos clientes y el lanzamiento de 7 nuevos juegos Slingo. Las expansiones notables incluyen lanzamientos con Fanduel, Atlantic Lottery y Fanatics en América del Norte, así como con Pokerstars, DAZN y Entain en Europa. El sólido rendimiento ha llevado a la Junta a creer que la compañía está en camino de cumplir con sus objetivos anuales. Gaming Realms espera anunciar sus resultados intermedios de 2024 en la semana que comienza el 9 de septiembre de 2024.
Gaming Realms plc (AIM:GMR)는 2024년 상반기 사전 마감 거래 업데이트를 발표하며 1350만 파운드의 예상 수익과 580만 파운드의 조정 EBITDA를 보고했습니다. 이는 각각 전년 대비 18% 및 21% 증가한 수치입니다. 회사의 핵심 콘텐츠 라이센스 사업은 전년 대비 28% 성장했으며, 이는 22명의 신규 고객과 7개의 새로운 Slingo 게임 출시에 의해 촉진되었습니다. 주목할 만한 확장은 북미의 Fanduel, Atlantic Lottery 및 Fanatics와의 런칭과 유럽의 Pokerstars, DAZN 및 Entain과의 협업을 포함합니다. 이러한 강력한 실적은 이사회가 회사가 연간 목표를 달성할 가능성이 있다고 믿게 만들었습니다. Gaming Realms는 2024년 중간 결과를 2024년 9월 9일부터 시작되는 주에 발표할 예정입니다.
Gaming Realms plc (AIM:GMR) a publié une mise à jour commerciale pré-clôture pour le premier semestre 2024, rapportant des revenus prévus de 13,5 millions de livres sterling et un EBITDA ajusté de 5,8 millions de livres sterling, représentant des augmentations annuelles de 18 % et 21 % respectivement. Le secteur central de la licence de contenu de l'entreprise a augmenté de 28 % d'une année sur l'autre, soutenu par des partenariats avec 22 nouveaux clients et le lancement de 7 nouveaux jeux Slingo. Les expansions notables incluent les lancements avec Fanduel, Atlantic Lottery et Fanatics en Amérique du Nord, ainsi que Pokerstars, DAZN et Entain en Europe. La forte performance a conduit le Conseil à croire que l'entreprise est en bonne voie pour atteindre ses objectifs annuels. Gaming Realms prévoit d'annoncer ses résultats intermédiaires 2024 durant la semaine commençant le 9 septembre 2024.
Gaming Realms plc (AIM:GMR) hat ein aktualisiertes Handelsupdate vor dem Abschluss für das erste Halbjahr 2024 veröffentlicht und berichtet von erwarteten Einnahmen in Höhe von 13,5 Millionen Pfund und bereinigtem EBITDA von 5,8 Millionen Pfund, was Jahresvergleiche von 18% und 21% ergibt. Das zentrale Lizenzgeschäft für Inhalte des Unternehmens wuchs um 28% im Jahresvergleich, unterstützt durch Partnerschaften mit 22 neuen Kunden und dem Start von 7 neuen Slingo-Spielen. Zu den bemerkenswerten Expansionen gehören die Starts mit Fanduel, Atlantic Lottery und Fanatics in Nordamerika sowie Pokerstars, DAZN und Entain in Europa. Die starke Leistung hat den Vorstand dazu veranlasst zu glauben, dass das Unternehmen auf dem richtigen Weg ist, um seine Jahresziele zu erreichen. Gaming Realms plant, seine Zwischenbilanz 2024 in der Woche zu veröffentlichen, die am 9. September 2024 beginnt.
- Revenue increased by 18% year-on-year to £13.5 million in H1 2024
- Adjusted EBITDA grew by 21% year-on-year to £5.8 million in H1 2024
- Core content licensing business revenues grew by 28% year-on-year
- Partnered with 22 new clients and launched 7 new Slingo games
- Expanded into new markets including Pennsylvania, Connecticut, Italy, Romania, and the Netherlands
- On track to meet full-year targets
- None.
Pre-Close Trading Update
H1 2024 Revenue and EBITDA growth of
LONDON, UK / ACCESSWIRE / July 30, 2024 / Gaming Realms plc (AIM:GMR), the developer and licensor of mobile-focused gaming content, announces a pre-close trading update for the half-year ending 30 June 2024 ("H1 2024" or "the Period").
The Company is pleased to report expected H1 2024 revenue of approximately £13.5 million and adjusted EBITDA* of approximately £5.8 million, reflecting year-on-year increases of
This robust performance was driven by the Group's core content licensing business whose revenues grew
In North America, highlights included the launch of the Slingo portfolio with Fanduel in Pennsylvania and Connecticut, Atlantic Lottery Corporation (Canadian Maritime Provincial Lottery) and also Fanatics in New Jersey, Michigan and Pennsylvania.
In Europe, Slingo went live with Pokerstars in Italy and Romania, DAZN in the UK and Spain, Livescore in the Netherlands, Solverde in Portugal, VirginBet in the UK and Entain in Spain.
The strong momentum experienced during this period provides the Board with the belief that the Company is on track to meet its full-year targets, as it continues to expand into new markets and launch new games with existing partners.
The Company expects to announce its 2024 Interim Results during the week commencing 9 September 2024.
Mark Segal, Chief Executive Officer of Gaming Realms, commented: "We are delighted with our strong performance in the first half of 2024, driven by the growth in our core content licensing business. Our expansion into new markets and the successful launch of new games with new and existing partners underscore the strength of our strategy. Looking ahead, we are confident in our ability to maintain this momentum and meet our full-year targets."
*EBITDA before share based payments.
Gaming Realms plc | 0845 123 3773 |
Michael Buckley, Executive Chairman Mark Segal, CEO Geoff Green, CFO |
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Peel Hunt LLP - NOMAD and joint broker | 020 7418 8900 |
George Sellar Lalit Bose |
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Investec - Joint broker | 020 7597 4000 |
Ben Farrow Lydia Zychowska Yellow Jersey PR Charles Goodwin Annabelle Wills Bessie Elliot | 07747 788 221 |
About Gaming Realms
Gaming Realms creates and licenses innovative games for mobile, with operations in the U.K., U.S., Canada and Malta. Through its unique IP and brands, Gaming Realms is bringing together media, entertainment and gaming assets in new game formats. As the creator of a variety of SlingoTM, bingo, slots and other games, we use our proprietary data platform to build and engage global audiences. The Gaming Realms management team includes accomplished entrepreneurs and experienced executives from a wide range of leading gaming and media companies.
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SOURCE: Gaming Realms PLC
View the original press release on accesswire.com
FAQ
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