Gaming Realms eyes swing to profit after slow revenue growth

Reduced marketing spend sees H1 revenues slide sequentially but profitability increase

Gaming Realms has reported a 5% increase in H1 revenues to £15.7m, driven by the firm’s Slingo games content and its social gaming revenues. And while the figure represented an 18% half-on-half decline as the firm slashed its marketing spend by 32%, profitability improved. Adjusted EBITDA loss reduced by 71% to £0.9m, with the firm projecting…

Finance | Gaming Realms | H1 | Patrick Southon