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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: 41.00
Bid: 40.60
Ask: 41.00
Change: 1.70 (4.33%)
Spread: 0.40 (0.985%)
Open: 39.90
High: 41.30
Low: 39.90
Prev. Close: 39.30
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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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11 Mar 2020 14:09

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(Sharecast News) - Mobile real money games developer Gaming Realms announced the launch of its 'Slingo Originals' content with two "key" international operators on Wednesday.

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11 Mar 2020 11:32

Gaming Realms Pens Slingo Deals With Sky Bet Operator And DraftKings

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12 Feb 2020 18:22

DIRECTOR DEALINGS: Gaming Realms Chair Buckley Buys Shares

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11 Feb 2020 09:18

CEO Steps Down As Gaming Realms Says Revenue Growth Ahead Of Forecasts

CEO Steps Down As Gaming Realms Says Revenue Growth Ahead Of Forecasts

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11 Feb 2020 08:50

Gaming Realms FY revenues to be ahead of expectations

(Sharecast News) - Video games developer Gaming Realms said on Tuesday that full-year revenues were set to be "modestly ahead" of expectations thanks to an "encouraging" performance from its content licensing business, although it does not anticipate making a profit just yet.

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18 Dec 2019 13:52

DIRECTOR DEALINGS: Gaming Realms Says Director Blandford Bought Shares

DIRECTOR DEALINGS: Gaming Realms Says Director Blandford Bought Shares

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16 Dec 2019 16:47

Director dealings: Sportsbet founder doubles stake in Gaming Realms

(Sharecast News) - Gaming Realms revealed on Monday that non-executive director Mark Blandford had purchased five million ordinary shares in the AIM-listed mobile gambling firm.

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11 Oct 2019 10:59

Gaming Realms Founder & Non-Executive Director Simon Collins Leaves

Gaming Realms Founder & Non-Executive Director Simon Collins Leaves

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2 Oct 2019 13:20

Gaming Realms Launches Slingo Originals Game Portfolio With Kindred

Gaming Realms Launches Slingo Originals Game Portfolio With Kindred

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26 Sep 2019 12:29

Gaming Realms narrows loss as it exits real money gaming business

(Sharecast News) - Real money mobile games developer and licensor Gaming Realms reported a 167% improvement in its licensing revenue in its first half on Thursday, to £1.6m.

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26 Sep 2019 10:32

Gaming Realms Shares Rise As Revenue Rises Amid Growing Momentum

Gaming Realms Shares Rise As Revenue Rises Amid Growing Momentum

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28 Jun 2019 09:53

Gaming Realms 2018 Loss Narrows On Sharply Lower Costs

(Alliance News) - Games developer and distributor Gaming Realms PLC said Friday its 2018 loss narrowed despite revenue falling as costs subsided and it continues to pursue its licensing 2018, loss

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6 Jun 2019 11:58

Gaming Realms Appoints Former Playtech Director Ash As Non-Executive

LONDON (Alliance News) - Gaming Realms PLC on Thursday said it appointed Chris Ash as a non-executive director with immediate effect.In a career of over 18 years in the industry, Ash built

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5 Jun 2019 08:37

Gaming Realms expands international reach with new distribution deal

(Sharecast News) - Gaming Realms on Wednesday signed a new distribution agreement with gaming content provider and distribution platform Relax Gaming Group.

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