Gaming Realms (GMR)

Sector:

Engineering

Index:

FTSE AIM All-Share

 37.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 41.80p
  • 52 Week Low: 29.90p
  • Currency: UK Pounds
  • Shares Issued: 294,826,444m
  • Volume: 527,961
  • Market Cap: £109,085,784m
  • Beta: 0.03

Gaming Realms FY revenues grow

By Iain Gilbert

Date: Monday 05 Feb 2024

LONDON (ShareCast) - (Sharecast News) - Mobile-focussed games developer Gaming Realms said on Monday that both revenues and adjusted underlying earnings had risen in 2023, predominately driven by content licensing.
Gaming realms expects to report full-year revenues of roughly £23.0m and an adjusted EBITDA of no less than £10.0m, up 23% and 28% year-on-year, respectively, in line with internal expectations. It added that it ended the year with a net cash balance of £7.5m.

The AIM-listed company said its "strong performance" was predominantly driven by content licensing, with growth across all major markets. During the year, Gaming Realms went live with a further 44 partners across all its markets. In terms of geographic expansion, the company obtained licenses to supply its games into West Virginia's igaming market, its seventh license in North America, as well as Greece.

Chief executive Mark Segal said: "I am delighted to report on the exceptional year Gaming Realms has experienced. Our growth in FY23, with a 23% increase in revenue and a 28% rise in adjusted EBITDA, underscores the strength and appeal of our gaming content in the global market.

"The expansion into new territories and the addition of 44 new partners demonstrates our commitment to broadening our reach and enhancing player experiences. As we look ahead, we remain focused on delivering engaging content and expanding our footprint in key markets, ensuring that Gaming Realms continues to be a leader in the mobile gaming industry. We look forward to the future and the current year's performance with confidence."

As of 1020 GMT, Gaming Realms shares were up 1.05% at 37.89p.





Reporting by Iain Gilbert at Sharecast.com

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Gaming Realms Market Data

Currency UK Pounds
Share Price 37.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 41.80p
52 Week Low 29.90p
Volume 527,961
Shares Issued 294,826,444m
Market Cap £109,085,784m
Beta 0.03

Gaming Realms Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
71.93% below the market average71.93% below the market average71.93% below the market average71.93% below the market average71.93% below the market average
65.52% below the sector average65.52% below the sector average65.52% below the sector average65.52% below the sector average65.52% below the sector average
Price Trend
64.06% above the market average64.06% above the market average64.06% above the market average64.06% above the market average64.06% above the market average
62.50% above the sector average62.50% above the sector average62.50% above the sector average62.50% above the sector average62.50% above the sector average
Income Not Available
Growth
92.07% above the market average92.07% above the market average92.07% above the market average92.07% above the market average92.07% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average

What The Brokers Say

Strong Buy 3
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 3
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Gaming Realms Dividends

No dividends found

Trades for 04-Oct-2024

Time Volume / Share Price
16:35 13,296 @ 37.00p
16:35 2,762 @ 37.00p
16:35 5,015 @ 37.00p
16:35 1,403 @ 37.00p
16:35 438 @ 37.00p

Gaming Realms Key Personnel

CEO Mark Segal
CFO Geoffrey Robert Green

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