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(Sharecast News) - Mobile gambling content specialist Gaming Realms reported a strong financial performance for the six months ended 30 June on Tuesday, with significant growth in revenue and adjusted EBITDA.
For the first half of 2025, the AIM-traded company said it anticipated reporting revenue of 16m, an 18% increase compared to 13.6m in the same period last year.
Adjusted EBITDA was expected to rise by 30% year-on-year to around 7.5m, up from 5.8m in the first six months of 2024.
That growth was primarily driven by the continued expansion of the company's licensing business and its ongoing international growth.
Gaming Realms also achieved a successful launch of six new Slingo games during the period, along with the addition of 19 new distribution partners.
The company said its strong content pipeline and its increasing number of operator integrations were supporting its scalable, high-margin business model.
Its performance in the first half was in line with forecasts, with its board expecting the positive trajectory to continue in the second half of the year.
"We are delighted with our strong performance in the first half of 2025," said chief executive Mark Segal.
"The continued growth in our core licensing business and the successful execution of our expansion strategy have delivered excellent results.
"We look forward to building on this momentum in the second half of this year."
Gaming Realms said it would announce its interim results for the first half of 2025 during the week of 22 September.
At 1443 BST, shares in Gaming Realms were up 0.03% at 53.62p.
Reporting by Josh White for Sharecast.com.
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