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An update from Winvia Entertainment PLC ( (GB:WVIA) ) is now available.
Winvia Entertainment has agreed to acquire the trade, business and key assets of Rev Comps, a UK-based family-run digital prize draw platform, in an asset purchase funded entirely from existing cash resources. Rev Comps generated over £80 million in revenue and about £2.1 million in profit before tax in the year to 31 May 2025, and its management will remain with the business following completion.
The consideration of £11.8 million will be paid in staged cash instalments, with an additional earnout linked to profit growth through 2028, and completion is expected by 1 July 2026 once Rev Comps is migrated onto Winvia’s proprietary platform. The deal is expected to be earnings enhancing in the first full year, to expand Winvia’s scale and customer base in the fragmented UK prize draw market, and to deliver operational efficiencies and enhanced data-led marketing as the company pursues further consolidation opportunities.
More about Winvia Entertainment PLC
Winvia Entertainment PLC is a technology-led entertainment company focused on prize draw competitions in the UK and regulated online gaming in Romania. It operates multiple prize draw brands, including Best of the Best and Click Competitions, and runs a multi-brand online gaming portfolio supported by an in-house proprietary technology platform designed to drive growth and operational efficiency.
The group is the second-largest prize draw operator in the UK by market share, offering prizes such as cars, luxury watches, holidays, gadgets, properties and other high-value items. Its Romanian online gaming business, which includes brands like Princess Casino, Royal Slots and Luck, is established, profitable and cash generative, leveraging both owned brands and white-label and B2B partnerships.
Average Trading Volume: 21,999
Technical Sentiment Signal: Hold
Current Market Cap: £44.85M
For an in-depth examination of WVIA stock, go to TipRanks’ Overview page.