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Gfinity
(LSE:GFIN)
Gfinity (GFIN) vs. S&P 500 (SPY)
Gfinity Business Overview & Revenue Model
Gfinity Financial Statement Overview
| Breakdown | |||||
| TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 805.74K | 1.90M | 2.19M | 2.70M | 5.69M | 4.49M | Gross Profit |
| 567.53K | 1.05M | 1.24M | -296.66K | 1.55M | 1.35M | EBIT |
| -19.20K | -1.00M | -2.55M | -1.48M | -3.64M | -7.91M | EBITDA |
| -4.45K | -659.23K | -672.60K | 245.19K | -3.00M | -6.41M | Net Income Common Stockholders |
| 175.27K | -594.44K | -10.25M | -3.81M | -3.85M | -7.73M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 6.43M | 23.16K | 270.48K | 2.14M | 1.38M | 1.60M | Total Assets |
| 12.97M | 697.98K | 1.84M | 13.55M | 5.76M | 6.79M | Total Debt |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 428.31K | Net Debt |
| -6.43M | -23.16K | -270.48K | -2.14M | -1.38M | -1.17M | Total Liabilities |
| 3.50M | 333.03K | 1.39M | 4.78M | 2.23M | 1.99M | Stockholders Equity |
| 9.47M | 364.95K | 451.07K | 8.77M | 3.52M | 4.81M |
| Cash Flow | Free Cash Flow | ||||
| -755.60K | -950.49K | -2.94M | -3.34M | -2.18M | -5.45M | Operating Cash Flow |
| -614.11K | -950.47K | -2.94M | -2.58M | -2.06M | -5.29M | Investing Cash Flow |
| 141.34K | 275.14K | -820.25K | -2.49M | 337.03K | -466.70K | Financing Cash Flow |
| 415.34K | 428.01K | 1.89M | 5.83M | 1.51M | 6.72M |
Gfinity Technical Analysis
Gfinity Peers Comparison
Gfinity Corporate Events
Gfinity PLC has reported its half-year results for the period ending December 31, 2024, highlighting significant cost reductions and a shift towards a freelance-focused business model. Despite a 52% revenue decline, the company achieved profitability in November 2024 due to extensive cost-cutting measures. Gfinity is adapting to challenges in the digital media sector, including changes in Google search reliability and the rise of large language models. The company is focusing on new tools and maintaining its strong user base in the gaming sector. Additionally, Gfinity is expanding into the AI market with its Connected IQ product, targeting the rapidly growing Connected TV advertising sector.
Gfinity PLC has announced that David Halley, a director of the company, has subscribed to 24,000,000 new Ordinary Shares at a price of 0.0625p per share. This transaction increases his stake to 7.61% of the company’s issued share capital. This move signifies a strategic reinforcement of internal confidence in Gfinity’s operations and market positioning, potentially impacting stakeholders by aligning leadership interests with shareholder value.
Gfinity PLC has successfully raised £260,000 through a subscription of new ordinary shares, with a portion being subscribed by director David Halley. The funds raised will support the commercialization of CIQ, new business ventures, and general working capital, while warrants issued as part of the fundraising offer further investment opportunities to shareholders.
Gfinity has signed an exclusive license agreement with 0M Technology Solutions Ltd to commercialize its Connected IQ (CIQ) technology, which is aimed at the connected video market. The company has also raised £245,000 through a subscription with third parties, with additional funding from its CEO, totaling £260,000. This will support the commercialisation of CIQ and other business opportunities. The agreement allows Gfinity to integrate its advertising and media networks with CIQ’s existing relationships with major agencies and platforms. The company has also been granted an option to purchase 0M and CIQ after one year for £2 million. The new funding will be used to develop CIQ and provide working capital, while the issuance of warrants to subscribers offers further investment opportunities.
Gfinity PLC, a company listed on the AIM market, announced that all resolutions were passed at its recent General Meeting, indicating potential strategic or operational decisions which may impact its future direction. This outcome reflects the company’s current alignment with shareholder expectations and could influence its positioning within its industry.
Gfinity PLC has announced that it will hold a General Meeting on January 31, 2025. The meeting aims to address company matters with shareholders, with formal notices and proxy voting instructions sent to shareholders, reflecting Gfinity’s commitment to transparent governance and stakeholder engagement.
Gfinity PLC has announced the publication of its financial results for the year ending June 30, 2024, leading to the restoration of its shares to trading on AIM. This development marks a significant step for the company, indicating a return to normalcy after a period of suspension, and potentially affecting its market position and stakeholder interests.
Gfinity PLC has announced its audited results for the year ending June 2024, highlighting a strategic transition to become a pure play digital media company. Despite a challenging year marked by reduced revenue and market changes, the company has completed significant restructuring, reduced costs, and embraced a flexible freelance model. The sale of Athlos Game Technologies and the signing of an MOU for AI technology licensing underscore Gfinity’s focus on future growth in digital media and connected TV markets. These strategic changes aim to position Gfinity for profitability and growth by capitalizing on industry trends and opportunities.