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https://www.businesswire.com/news/home/20201008005382/en/Medical-Marijuana-Market-Increasing-Production-of-Medical-Marijuana-to-Boost-the-Market-Growth-Technavio

RNS April 11, 2016
For the 12 months ended 31 December 2015, Leap Gaming had revenue of US$247,000 and incurred a trading loss of US$646,000 for the period. At 31 December 2015 Leap Gaming had total assets of US$2,303,000.

RNS July 9, 2018
Through 2017 Leap Gaming has more than quadrupled its customer-base and the total number of Daily Active Users who engage with its products. Gross Gaming Yield generated through Leap Gaming's products increased by more than 5 times throughout 2017. For the 12 months ended 31 December 2017, Leap Gaming incurred a trading loss of US$ 973,000 on turnover of US$537,548 and reported Net Assets as at 31 December 2017 of US$5,575,101.

RNS June 22, 2020
During the first five months of 2020, Leap Gaming made significant progress advancing its business plan with substantial growth delivered including 123% year-on-year (y-o-y) increase in gross gaming revenues (Jan-May 2020 v Jan-May 2019). Additionally, it has seen a 95% y-o-y increase in revenues (Jan-May 2020 v Jan-May 2019), with more than 30 new customers signed and/or partnerships agreed. Notably, it has also signed deals with ATP 1000 and NASCAR and expanded its footprint to new territories such as Latin America.

The RNS history relating to leap indicates how quickly it has grown without the input of the recent 2020 contracts. It is also gratifying to note that at the end of December 2017 they reported net assets of over $5m.

I also looked over the 2019 results for inspired entertainment. I assume that leap also work on the basis of 3 to 5 year contracts and have a revenue-sharing agreement with its clients. We know they expected to be in profit in the 3rd quarter of this year. I feel that on the basis of a fair leap valuation alone our money invested here is very safe.

From about minute 4 of this video https://www.youtube.com/watch?v=_TWuIP0SEGM Ed McDermott talks about his position regarding a shareholding in FFWD

Nothing has changed here with the company. That last 4 sells are likely to be the same person. Holders just need to be patient and wait for this to rise with one of the pieces of news we all expect.

This article is a little out of date (June). However, has an interesting discussion on virtual sports, including an interview with the managing director of IMG Arena, with whom we own Leap. He notes that instant football has been growing at 23% per month since it launched in January 2019. https://www.gamblinginsider.com/friday/tgif/tgif-2020-25.pdf?new1

The RNS of June 22 also notes that Leap expects to be in profit in Q3. I am sure this will be the case, given the number of contracts won in the first 6 months. Hopefully, this profit will be confirmed in the next week or so along with impressive growth figures

To support the rapid growth and provide a bridge through to profitability FastForward has invested a further €117,647 in Leap Gaming as part of its pro rata allocation of a €250,000 loan being provided by all shareholders.

Nice to see the largest shareholder buying another 1% of company

https://innov8tiv.com/will-virtual-football-betting-ever-get-close-to-its-real-life-equivalent-2/

In March 2019, the average gross gambling yield for UK betting companies from esports was approximately £50,000. In May 2020, this figure leaped to £4.6 million. While esports cover wide range of computer and video games, some of the most popular were those that simulated real-life sports, particularly football.

https://www.pczone.co.uk/which-virtual-sports-were-played-most-during-lockdown/

Sure. So Jim says £330m valuation and FFWD have 0.63%. Get your calculators out.

Hi Bug. Thank you for that. I appreciate you keeping my feet on the ground. Some of the investments here are really not that important to the overall value of FFWD. Having said that there is a lot to be excited about with leap and EMMAC.

Robrob, many thanks for posting useful information that benefits us all, and not blatant ramping that just puts off any newbies.

Further to my post below, GMR are now valued at 68m. Between Leap and EMMAC I feel sure that the true value of FFWD has to be several times higher than the present M Cap of 18m.

Much of my reasoning to be in FFWD is detailed in the June RNS https://www.lse.co.uk/rns/FFWD/investee-company-update-leap-gaming-izbqxobos70j2qf.html and in particular, 95% y-o-y increase in revenues (Jan-May 2020 v Jan-May 2019), with more than 30 new customers signed and/or partnerships agreed. Notably, it has also signed deals with ATP 1000 and NASCAR and expanded its footprint to new territories such as Latin America.

Ed McDermott, Chief Executive Officer of FastForward, said, ” As Leap nears profitability it’s an exciting time for FFWD, I believe this could lead to potential liquidity opportunities in a very reasonable timeframe.

When I look at the aim stock, Gaming Realms (GMR), I am even more convinced. Like Leap, they produce games and distribute them to online casino groups. And like Leap, they are moving into profit this year. However, they do not have the same number or caliber of clients. Turnover increased by 40% for the first 6 months of 2020 from just 3m to 5m.

Yet their market cap has now quickly risen to 65m. I can only imagine what the true value of leap is, especially once those 30 contracts are fully functioning. FFWD has 43% of Leap plus other great assets and has a market cap. today of only 17m. Its true value has to be substantially higher.

Rather than possible RNS, I suspect more buying on the last couple of days in anticipation of excellent results later this month.

https://www.prnewswire.com/news-releases/europes-cbd-market-projected-to-grow-by-400-301117489.html

https://hivelife.com/cbd-industry-predictions-2021/

It is disappointing to see the NAV fall, and those who thought that it was irrelevant may see some relevance today. However, leap is the jewel here and we will see a dramatic boost to this valuation at the next results in December when the many new contracts and turnover are reflected in the revised valuation. Happy to hold and hope for more positive news items in the coming weeks and months

Much of my reasoning to be in FFWD is detailed in the June RNS https://www.lse.co.uk/rns/FFWD/investee-company-update-leap-gaming-izbqxobos70j2qf.html and in particular, 95% y-o-y increase in revenues (Jan-May 2020 v Jan-May 2019), with more than 30 new customers signed and/or partnerships agreed. Notably, it has also signed deals with ATP 1000 and NASCAR and expanded its footprint to new territories such as Latin America.

Ed McDermott, Chief Executive Officer of FastForward, said, ” As Leap nears profitability it’s an exciting time for FFWD, I believe this could lead to potential liquidity opportunities in a very reasonable timeframe.

When I look at the aim stock, Gaming Realms (GMR), I am even more convinced. Like Leap, they produce games and distribute them to online casino groups. And like Leap, they are moving into profit this year. However, they do not have the same number or caliber of clients. Turnover increased by 40% for the first 6 months of 2020 from just 3m to 5m.

Yet their market cap has now quickly risen to 65m. I can only imagine what the true value of leap is, especially once those 30 contracts are fully functioning. FFWD has 43% of Leap plus other great assets and has a market cap. today of only 17m. Its true value has to be substantially higher.

Indeed. All a bit odd

This is nice to see. But why the interest today?