8th Sep 2025 11:13
(Alliance News) - Gaming Realms PLC on Monday expressed confidence in maintaining its positive trajectory in the second half of the year, as it reported strong revenue gains driven by its international licensing business.
London-based Gaming Realms reported a 19% increase in pretax profit to GBP4.2 million in the first six months of 2025, from GBP3.5 million a year earlier.
Despite this, shares in the mobile betting games developer slumped 12% to 44.50 pence on Monday morning in London.
Revenue rose 18% to GBP16.0 million from GBP13.6 million, as contract licensing revenue edged up to GBP11.7 million from GBP11.2 million and Brand licensing revenue multiplied to GBP2.4 million from GBP300,000.
By contrast, Social revenue fell 9.5% to GBP1.9 million from GBP2.1 million.
Gaming Realms credited its top line gains to growth in its international licensing business, noting that trading in the first half was in line with expectations.
The company faced higher costs throughout the period as administrative expenses rose 15% to GBP5.3 million from GBP4.6 million, while share options and related charges multiplied to GBP1.0 million from GBP299,829.
Amortisation of intangible assets also increased, rising 12% to GBP2.2 million from GBP1.9 million, further limiting bottom line gains.
Looking ahead, the company said it is confident in keeping its positive trajectory for the rest of the year, with it "well positioned" to deliver growth across new and existing markets.
Gaming Realms added that its strategic focus for the year is to continue broadening its international footprint and to capture further growth opportunities.
"The group has delivered a strong first half...reflecting the success of our strategy to expand internationally through licensing," said Chief Executive Mark Segal.
"Our entry into newly regulated markets, including Brazil, British Columbia and Delaware, underlines the global demand for our content and the strength of our operator partnerships. With further launches scheduled in additional regulated jurisdictions and a robust pipeline of new Slingo and third-party titles, we remain well positioned to deliver continued growth and enhance shareholder value in the second half of the year and beyond," continued Segal.
By Christopher Ward, Alliance News reporter
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