NYCE International fourth quarter revenue nearly triples, loss narrows

(Alliance News) - NYCE International PLC on Tuesday reported a sharp increase in quarterly revenue and a slightly narrower loss, as it expanded its investment ventures and said it had started the new year "in great fashion".

The London-based provider of gaming technologies and services said revenue in the fourth quarter ended December 31 rose to GBP247,000, nearly tripling from GBP88,000 in the third quarter.

Pretax loss narrowed modestly to GBP185,000 in the quarter from GBP195,000 in the three months to September, despite higher administrative costs of GBP312,000, up from GBP246,000 quarter-on-quarter.

NYCE said margins were modest as cost of sales increased, but expects profitability to improve as scale builds.

NirmataPlay, NYCE's first investment venture, went live with its first operator partner in Africa during the quarter and is now generating revenue across two licensed casino operator sites.

ClickSpin Media, launched in June 2025 as NYCE's second investment venture, continued to expand across regulated European markets during the quarter, securing more than 50 partnerships.

The NYCE marketplace also continued to expand, now representing more than 60 suppliers across 30 categories including platforms, payments, compliance, artificial intelligence and Web3 infrastructure.

Chair Harmen Brenninkmeijer said the company had "kicked off the new year in great fashion" by forming its third investment venture, Innovassion.

The new standalone software development business will focus on building scalable online casino solutions, proprietary gaming content and modular iGaming technology for operators in regulated and emerging markets, leveraging NYCE's global network and industry relationships.

Looking ahead, NYCE said it will focus in the first quarter of 2026 on expanding its digital marketplace and advisory services, while establishing Innovassion as a core part of its ecosystem alongside ClickSpin and NirmataPlay.

NYCE shares were quoted at 10.50 pence in London on Tuesday on the Aquis Stock Exchange.

By Eva Castanedo, Alliance News reporter

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