Gaming Realms ( (GB:GMR) ) just unveiled an update.
Gaming Realms PLC reported a record year in 2024, with a 22% increase in revenue to £28.5 million and a 30% rise in Adjusted EBITDA to £13.1 million, driven by its strategic focus on content licensing. The company expanded into new markets, including Brazil and West Virginia, launched 12 new Slingo games, and formed partnerships with major operators, enhancing its position in the international gaming industry. The North American market was a significant growth driver, with a 59% increase in content licensing revenues. Looking ahead, Gaming Realms plans further expansion into new and existing markets, supported by a strong cash position and a new £6 million share buyback program.
More about Gaming Realms
Gaming Realms creates and licenses innovative mobile games, operating in the UK, U.S., Canada, and Malta. The company leverages its unique IP and brands to integrate media, entertainment, and gaming assets into new game formats, including Slingo, bingo, and slots, using a proprietary data platform to engage global audiences.
YTD Price Performance: -0.85%
Average Trading Volume: 693,587
Technical Sentiment Signal: Buy
Current Market Cap: £103.8M
For detailed information about GMR stock, go to TipRanks’ Stock Analysis page.