Gaming Realms (GMR)

Business description

Gaming Realms creates and publishes innovative real money and social games for mobile, with operations in the UK and US.

Y/E Dec Revenue (£m) EBITDA (£m) PBT (£m) EPS (fd) (p) P/E (x) P/CF (x)
2014A 11.2 (7.8) (8.4) (5.0) N/A N/A
2015A 21.2 (4.1) (5.1) (2.2) N/A N/A
2016E 37.1 0.8 (0.4) (0.1) N/A N/A
2017E 54.3 6.9 5.8 2.1 9.4 10.5

Last updated on 26/07/2016

Investment summary

Gaming Realms has announced a strategic partnership with the Ayima digital marketing agency to inject its QuickThink Media (QTM) assets in return for a 10% stake valued at £540k in June. The deal allows Gaming Realms' management to focus on its core strengths of developing and publishing mobile optimised social and real money games.

Last updated on 02/08/2016

Industry outlook

All gaming industry participants are likely to be impacted by the recent vote by the UK to leave the EU. In the short term it is business as usual and the full implications will only become apparent in the months and years ahead. Although clearly a discretionary spend, gaming revenues tend to be relatively resilient in times of economic volatility compared to other consumer discretionary sectors. Online gaming companies also have the flexibility to quickly adjust marketing spend in response to shifting demand.

Last updated on 02/08/2016

Key management

Patrick Southon, CEO
Mark Segal, CFO

Company address

44 Southampton Buildings
United Kingdom
0845 123 3773
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