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The latest update is out from Emerge Gaming Limited ( (AU:SP8) ).
Streamplay Studio Limited reported a substantial increase in total income for FY25, reaching $7.2 million, a 121% rise from the previous year. The integration of Noodlecake has contributed significantly to this growth, with expectations of exceeding $10 million in total income on an adjusted basis. The company’s gross profit margin improved to 34%, and it maintained a strong cash balance of $7.7 million despite the acquisition costs. The positive EBITDA result and a strong pipeline indicate a promising outlook for FY26.
More about Emerge Gaming Limited
Streamplay Studio Limited operates in the gaming industry, focusing on developing and distributing gaming content. The company has a significant market presence, particularly in North America, following its acquisition of Noodlecake, and is expanding its reach in the Middle East, Africa, and Pacific regions.
Technical Sentiment Signal: Sell
Current Market Cap: A$8.97M
See more insights into SP8 stock on TipRanks’ Stock Analysis page.