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IN BRIEF: Gfinity On Track For Strong Performance In December

18th Dec 2020 20:38

Gfinity PLC - London-headquartered e-sports firm - Says it was operationally profitable in October and November and is on track for another strong performance in December. Hails achieving month-on-month operating profitability for the first time since our AIM listing in December 2014. Says formal sales process continues to progress as planned with company continuing to engage in conversations and evaluating best options to accelerate growth of business. Also announces sale of holding in Esports Awards Ltd for GBP500,000. The proceeds from the sale will be used to accelerate further growth.

Current stock price: 3.51 pence

Year-to-date change: up 7.5%

By Arvind Bhunjun; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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