Results Round-up
Stride Gaming's first half profits rebounded from last year's losses, as revenue more than doubled on rising levels of funded players, as well as higher yields per player.
Bonhill Group
0.66p
16:55 28/07/23
FTSE AIM All-Share
755.09
11:40 25/04/24
Media
11,689.29
11:39 25/04/24
Stride Gaming
149.00p
16:09 04/10/19
The online gaming company, which began trading on AIM early in May, saw pretax profits swell to 1.6m, a significant turnaround from the £127,000 loss registered over the same period a year earlier.
Meanwhile, revenue jumped to £11.7m, from £4.3m as funded player numbers rose to 52,000 and and the yield per player more than doubled to £279 from £113.
Vitesse Media said on Thursday its full-year results are expected to see a "significant improvement" from previous years.
Revenues rose 7% to £2.26m, while its operating loss is expected to be reduced to close to breakeven.
However, the media company warned it remains hampered by its size and the limited opportunities it can exploit at any one time.
Its events division performed well, while the media division faced changes in the way people are reading news.