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Gaming Realms Plc - PSDMF STOCK NEWS

Welcome to our dedicated news page for Gaming Realms Plc (Ticker: PSDMF), a resource for investors and traders seeking the latest updates and insights on Gaming Realms Plc.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Gaming Realms Plc's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

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Rhea-AI Summary
Gaming Realms plc announces a live presentation of its Final Results by CEO Mark Segal and CFO Geoff Green. The presentation will be held on April 9, 2024, at 10:00 a.m. BST. Investors can submit questions before or during the event. The Company invites all existing and potential investors to join via the Investor Meet Company platform.
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Gaming Realms plc reports a 26% revenue increase and a 29% rise in Adjusted EBITDA for the year 2023, driven by strong licensing revenue growth and successful market expansions. The Company remains debt-free with a cash balance of £7.5m. Operational highlights include launching in new markets, signing licensing deals with industry leaders, and expanding their game portfolio. Q1 2024 shows a 20% revenue increase in the core licensing business. CEO Mark Segal expresses confidence in the Group's growth strategy and performance.
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Gaming Realms plc announces interim results for H1'23 with a 37% increase in adjusted EBITDA to £4.8m and a 36% growth in total revenue to £11.5m. Content licensing revenue grew 37% to £8.8m. Profit before tax increased 74% to £2.4m. Net cash at period end up 54% to £4.5m. The company launched with 25 new partners globally, secured brand licensing agreements for Tetris and SPACE INVADERS, and gained ISO 27001 certification. Licensing revenue increased 20% in the two months post period-end. Outlook for FY23 remains positive with continued growth expected.
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Gaming Realms plc expects to report H1'23 revenue of c.£11.4 million and adjusted EBITDA* of c.£4.6 million, up 34% and 32% respectively, year-on-year. The strong performance was driven by the growth of the Group's licensing business, launching new games and partnering with new companies. The company also secured brand licensing agreements for Tetris and SPACE INVADERS, expected to launch later this year. Gaming Realms is confident in meeting its full-year targets.
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Gaming Realms Plc

OTC:PSDMF

PSDMF Rankings

PSDMF Stock Data

133.06M
221.87M
28.14%
14.59%
Software Publishers
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United Kingdom
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