Pre-Close Trading Update
H1 2025 revenue £16.0m (up 18%), Adjusted EBITDA £7.5m (up 30%), driven by licensing and partnerships.
vs expectations: in line with forecasts
- Revenue H1 2025 £16.0 million (prior £13.6 million)
- Adjusted EBITDA H1 2025 £7.5 million (prior £5.8 million)
- Revenue growth 18%
- Adjusted EBITDA growth 30%
- New Slingo games launched 6
- New distribution partners added 19
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Strong H1 2025 performance with 18% revenue growth 30% Adjusted EBITDA* growth, driven by expansion in licensing and global partnerships
Gaming Realms plc (AIM: GMR), the developer and licensor of mobile-focused gaming content, is pleased to provide the following pre-close trading update for the six months ended 30 June 2025 ("H1 2025" or the "Period").
The Board anticipates reporting revenue of approximately £16.0 million (H1 2024: £13.6 million), representing an increase of 18% year-on-year. Adjusted EBITDA is expected to be approximately £7.5 million (H1 2024: £5.8 million), an increase of 30% year-on-year. The performance reflects continued growth in the Group's licensing business and its ongoing international expansion.
During the Period we had a successful launch of 6 new Slingo games and the addition of 19 new distribution partners. The Group's strong pipeline of content and operator integrations continues to support its scalable, high-margin model.
The Group's trading in the first half of 2025 was in line with forecasts. The Board believes the Company will continue with this trajectory during the remainder of the year.
The Group expects to announce its Interim Results for the six months ended 30 June 2025 during the week commencing 22 September 2025.
Mark Segal, Chief Executive Officer of Gaming Realms, commented:
"We are delighted with our strong performance in the first half of 2025. The continued growth in our core licensing business and the successful execution of our expansion strategy have delivered excellent results. We look forward to building on this momentum in the second half of this year."
*Adjusted EBITDA is stated before share-based payments.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.