B90 Holdings Share News (B90)

IN BRIEF: B90 set to meet annual revenue and loss expectations

B90 Holdings PLC - Isle of Man-based company in the online gambling industry - Expects 2023 revenue and loss to be in line with market expectations, but notes that increased marketing and administrative expenses during the year are expected to result in an increased adjusted earnings before interest, tax, depreciation and amortisation loss. Credits several "key operational milestones" during 2023, which are expected to help B90 achieve profitability in 2024, it adds.

TRADING UPDATES: Trident buys royalty; Coro sells Italian portfolio

The following is a round-up of trading updates by London-listed companies, issued on Wednesday, and not separately reported by Alliance News:

B90 shifting focus on B2B, away from its own consumer brands

(Sharecast News) - Gambling marketing and service provision company B90 announced a strategic shift in its operations on Wednesday, focusing on its core business-to-business (B2B) activities and relaunching its flagship brand, Bet90.

EARNINGS: Ukrproduct outlook uncertain amid war; Microlise revenue up

(Alliance News) - The following is a round-up of earnings by London-listed companies, issued on Thursday and not separately reported by Alliance News:

B90 raises GBP2.0 million via equity raise; completes Emwys purchase

(Alliance News) - B90 Holdings PLC on Friday said it raised GBP2.0 million via placing and subscription of new shares, which it will use for investments, general working capital and fundraising expenses.

B90 raises £2m as it completes Emwys acquisition

(Sharecast News) - Gaming marketing and service provider B90 Holdings announced on Friday that it had successfully raised £2m before expenses.

B90 Holdings appoints consultant Peyman as new chief finance officer

(Alliance News) - B90 Holdings PLC on Monday said that it has promoted consultant Farzad Peyman to become its new chief finance and mergers & acquisitions development officer.

UK shareholder meetings calendar - next 7 days

B90 acquires Swedish marketing company Emwys for EUR3.6 million

(Alliance News) - B90 Holdings PLC on Wednesday said it will acquire Swedish marketing company Emwys AB for EUR3.6 million from Funko International AB.

UPDATE: B90 Holdings raises EUR2 million; interim chair made permanent

B90 Holdings PLC - Online marketing and operating company for the gaming industry - Posts revenue of EUR2.1 million for 2022, up from EUR826,855 in 2021. Pretax loss, however, widens to EUR4.3 million from EUR3.4 million, as administrative expenses increase to EUR6.4 million from EUR4.1 million a year earlier. Looking ahead, expects business to trade in line with expectations.

IN BRIEF: B90 Holdings annual loss widens as costs increase

B90 Holdings PLC - Online marketing and operating company for the gaming industry - Posts revenue of EUR2.1 million for 2022, up from EUR826,855 in 2021. Pretax loss, however, widens to EUR4.3 million from EUR3.4 million, as administrative expenses increase to EUR6.4 million from EUR4.1 million a year earlier. Looking ahead, expects business to trade in line with expectations.

IN BRIEF: B90 Holdings Executive Chair Breivik buys 1.8 million shares

B90 Holdings PLC - Online marketing and operating company for the gaming industry - Interim Executive Chair Ronnie Breivik buys 1.8 million shares at an average price of 6.81 pence, worth GBP127,688. Breivik is now interested in 20.1 million shares and a further 10.8 million shares through Performance Media SIA, in which Breivik is a 35% shareholder. This represents about 11% of the company's issued share capital.

IN BRIEF: B90 raises GBP1.1 million through loan note subscription

B90 Holdings PLC - Online marketing and operating company for the gaming industry - Raises a further GBP1.1 million through subscriptions for convertible loan notes by existing and new investors in the company. The net proceeds raised will be used to develop growth initiatives and for general working capital purposes.

IN BRIEF: B90 shares up on appointment of new strategic adviser

B90 Holdings PLC - Isle of Man-based online marketing company - Appoints Mark Blandford as strategic adviser to the company with immediate effect.

TRADING UPDATES: Vast Resources receives parcel release court order

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: