Disappointing performance still far after yesterdays results. Hopefully should consolidate and move higher. |
With the price back at 35P bid, it's another example of never second guessing where the market will take an share price |
Interview with Mark segal proactive investor |
Getting closer and closer to 40p. |
This share really is under the radar in my opinion, debt free, relative fixed cost model with a pipeline of territories wanting Slingo and Space Invaders. The possibility for incremental increases in my opinion are significant. I feel GMR should be up around 45p, hopefully the market agrees? |
Anyone else think a PER of low 20's is about right at this moment in time for this company? |
Also a nice takeover target for anyone. Very easy to bolt on. |
Forget today, this week etc. Great progress and more importantly potential. Games seem to be very popular and these guys are working hard at developing new add ons with revenue likely to increase substantially from all these incremental markets and, given heavy costs are upfront, good profit growth likely and decent dividends after. Simple business model and product-just stick to it and make it even better. |
Totally agree should be nearer 50p in my opinion. Figures bode well for the future todays results are a Big Positive . |
Wait till the analyst briefing at 11am and then we will see the stock moving up and back into the 40s over the coming weeks. |
The first hour is often misleading smart money waits until the rush dies down. Expect more director buys shortly |
Thought these results deserve a better upwards movement to get back into the mid 40 s |
These interim results are excellent.
Can't see this going anwhere but upwards! |
Excellent. Should see the next leg up start today |
Great results |
The profile of this business is more like a b2B SaaS business now with £23m of annual recurring revenue. These typically command 10-15x revenue and GMR is well short of that. It’s also hugely profitable (unlike a lot of b2b SaaS businesses. Super cheap at these prices and more and more deals announced all the time. |
Holding well as these near highs for the year.
Good partnership with BET365 gives me more confidence in management's ability to moneytise their products.
Built up my holding over the past couple years and in at an average price of 23p. With more upside IMO, definitely a longterm hold for me. |
 Home News NewsOnlineWorld Gaming Realms grows global distribution network with bet365 September 8, 2023
Gaming Realms has further grown its global distribution network after agreeing to a partnership with bet365.
Through the deal, bet365 will be able to offer a portfolio of Gaming Realms titles to its customers, including titles such as Slingo Lobstermania, Deal or No Deal Slingo and Slingo Rainbow Riches.
“Partnering with a recognisable and well-established operator like bet365 encompasses our ambitions and goals of being a market-leading provider around the world,” commented Mouhcine Jalili, Director of Partnerships at Gaming Realms.
“Our distinct, high-quality games provide operators with unique content that has a proven track record in diversifying and entertaining the player base while adding cross-sell advantages. We look forward to seeing the reception of our initial set of titles from bet365 players.”
Back in July, as part of its half-year trading update, Gaming Realms stated that it is hoping that a “strong commercial pipeline” will enable the company to achieve full-year targets.
Alongside the deal with bet365, the supplier has also recently agreed to a distribution deal with Ballys Interactive in the US state of Pennsylvania.
A bet365 spokesperson said: “Gaming Realms’ Slingo titles have accumulated a vast audience of players through the use of their recognisable IP.
“We are excited to be offering our players these games and bringing them a new type of entertainment embodied in the Slingo content.” |
a few buys coming in this morning |
Nice mention of Gaming Realms on vox markets around the 78 mim mark |
Looks to me that there have been 4 x £5000 buys gone through today. |
Hi Aisah, i agree looks expensive on that metric isn't PSR a more useful metric for companies without earnings? operating margins on revenue vary from company to company so a low revenue to market cap doesn't always reflect its overall profitability Best regards |
 LATEST NEWSGaming Realms expedites US growth following launch with Bally’s Interactive in Pennsylvania
August 31, 2023
By Wladimir P. Gaming Realms, a leading provider of mobile-focused gaming content, has extended its presence within the Keystone State after taking its content live with leading operator Bally’s Interactive.
Bally’s Interactive recently entered the Pennsylvanian market and this latest partnership sees the brand now offering Gaming Realms’ world-renowned titles to its player base, which includes the Slingo Extreme game.
Across the US, the provider’s vast portfolio of Slingo titles have proven popular by combining elements typically associated with slots and bingo to create a unique gameplay experience.
The partnership with Bally’s Interactive follows the recent expansion of Gaming Realms in regulated markets across the globe and allows the provider to extend its reach in Pennsylvania and catalyse further growth across the US which has quickly become a key region for the studio.
Craig Falciglia, Director of Business Development North America at Gaming Realms, said: “We are thrilled to be partnering with Bally’s Interactive, a prominent and well-established brand in the US. Our high-quality portfolio contains several titles that benefit from utilising recognisable brands and IPs and these will deliver familiar experiences to players and in turn, boost the acquisition and retention rates for Bally’s in Pennsylvania.
“Bringing our Slingo games to Bally’s is a great accomplishment and will allow more US players than ever before to engage with our fan favourite games |
Mkt cap £100m vs revenue fcst of £23m. On a PSR of 5.38! |
I suppose the "drop" must be down to profit takers given the run that we have been on. But I think there was good support around 35p and I would not anticipate a big fall back based on the price paid in recent director buying. |