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Pin to quick picksGaming Realms Share News (GMR)

Share Price Information for Gaming Realms (GMR)

London Stock Exchange
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Share Price: 40.20
Bid: 39.60
Ask: 41.70
Change: 0.90 (2.29%)
Spread: 2.10 (5.303%)
Open: 39.90
High: 41.30
Low: 39.90
Prev. Close: 39.30
GMR Live PriceLast checked at -

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TRADING UPDATES: Tandem says revenue to fall, in line with market view

Wed, 01st Feb 2023 14:33

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

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Gaming Realms PLC - London-based developer and licensor of mobile-focused gaming content - Expects to report 2022 revenue of GBP18.7 million, up 27% from GBP14.7 million a year ago. Expects adjusted earnings before interest, tax, depreciation of about GBP7.7 million, up 36% from GBP5.7 million. Executive Chair Michael Buckley says: "We are seeing good momentum, and backed by an exciting commercial pipeline and new games, we are confident that we will achieve further progress in 2023." Additionally, promotes Chief Financial Officer Mark Segal to Chief Executive Officer with immediate effect. Names Finance Director Geoff Green as CFO, also starting immediately.

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Tandem Group PLC - Solihull, England-based sports product distributor - Says revenue for 2022 is expected to reach GBP26.7 million, down 35% on the prior year, but in line with market expectations. For 2021, revenue was GBP40.9 million. Expects pretax profit to be in line with market expectations too. Says 2023 starts slowly amid early Chinese New Year and as "consumers remain cautious with their purchasing". However, says it expects to see a different trading pattern this year, and will be targeting between 8% and 12% like-for-like growth on the full year.

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Gem Diamonds Ltd - diamond producer with diamond mining operations in Lesotho and Botswana - Says all operational metrics achieved for 2022 are within or better than guidance. Recovers 26,530 carats during the fourth quarter that ended on December 31, resulting in 106,704 carats recovered for the year. This is down from 115,335 a year ago. Sells 107,487 carats in 2022, down 2.0% from 109,698 a year ago. Average price per carat in 2020 stands at USD1,755, down from USD1,835 a year earlier.

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SulNOx Group PLC - London-based green technology company - Says revenue in the third quarter ended December 31 amounts to GBP45,720, up 9.1% from GBP41,901 in the second quarter. Revenue for the nine months to December 12 amounts to GBP120,515, nearly quadrupled from GBP31,386 a year earlier. Says the fourth quarter has started positively with a purchase order from a bulk carrier shipping company.

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By Xindi Wei, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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29 Nov 2021 11:27

Canaccord Genuity initiates coverage on Gaming Realms at 'buy'

(Sharecast News) - Analysts at Canaccord Genuity initiated coverage on mobile gaming content developer Gaming Realms at 'buy' on Monday, stating it was now reaping the benefits from two important strategic decisions taken by management.

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2 Nov 2021 15:55

TRADING UPDATES: Annual profit rises for UP Global Sourcing, Beximco

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2 Nov 2021 13:54

Gaming Realms gets full Michigan licence, awaits Ontario

(Sharecast News) - Mobile-focussed gambling content developer Gaming Realms announced on Tuesday that, since being issued with its provisional 'iGaming Supplier Licence' in Michigan in January, it had now been approved for a full licence by the state regulator, adding to its two other full licences in the US states of New Jersey and Pennsylvania.

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29 Sep 2021 18:23

TRADING UPDATES: Fulham Shore mulls dividend; LoopUp swings to loss

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29 Sep 2021 12:55

Gaming Realms enters commercial agreement with 4ThePlayer

(Sharecast News) - Mobile-focussed gambling content Gaming Realms has entered into a commercial agreement with 4ThePlayer, a developer of innovative mobile-first gambling games, to integrate its content onto Gaming Realms' platform for distribution in the United States, it announced on Wednesday.

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13 Sep 2021 15:50

IN BRIEF: Gaming Realms swings to profit, licensing revenue soars

IN BRIEF: Gaming Realms swings to profit, licensing revenue soars

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7 Sep 2021 14:59

TRADING UPDATES: Marlowe buys Santia; Gaming Realms notes new launch

TRADING UPDATES: Marlowe buys Santia; Gaming Realms notes new launch

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6 Sep 2021 15:58

UK earnings, trading statements calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

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29 Jun 2021 17:10

TRADING UPDATES: Gaming Realms BetMGM deal; Argo bitcoin-backed loan

TRADING UPDATES: Gaming Realms BetMGM deal; Argo bitcoin-backed loan

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29 Jun 2021 09:33

Gaming Realms launches in Michigan with BetMGM

(Sharecast News) - Mobile gambling content developer Gaming Realms announced on Tuesday that, having received its provisional supplier licence earlier in the year, it has now launched its 'Slingo Originals' content in the US state of Michigan with BetMGM.

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21 Jun 2021 14:01

IN BRIEF: Gaming Realms raises US profile with IGT licencing deal

IN BRIEF: Gaming Realms raises US profile with IGT licencing deal

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21 Jun 2021 09:30

Gaming Realms inks licensing agreement with IGT

(Sharecast News) - Mobile-focused gaming content developer Gaming Realms has signed a licensing agreement with gaming and lottery multinational International Game Technology.

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14 Jun 2021 17:34

Director dealings: Gaming Realms' Mark Blandford raises stake

(Sharecast News) - Gaming Realms non-executive director Mark Blandford topped up his holdings of the company's stock at the end of the prior week.

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14 Jun 2021 14:21

IN BRIEF: Gaming Realms non-exec director buys GBP100,000 in shares

IN BRIEF: Gaming Realms non-exec director buys GBP100,000 in shares

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26 May 2021 16:04

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

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