Gaming Realms Full Year 2023 Earnings: Beats Expectations

Gaming Realms (LON:GMR) Full Year 2023 Results

Key Financial Results

• Revenue: UK£23.6m (up 26% from FY 2022).

• Net income: UK£5.93m (up 64% from FY 2022).

• Profit margin: 25% (up from 19% in FY 2022). The increase in margin was driven by higher revenue.

• EPS: UK£0.02 (up from UK£0.012 in FY 2022).

earnings-and-revenue-growth

All figures shown in the chart above are for the trailing 12 month (TTM) period

Gaming Realms Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) also surpassed analyst estimates by 19%.

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Entertainment industry in the United Kingdom.

Performance of the British Entertainment industry.

The company's shares are down 4.1% from a week ago.

Valuation

Gaming Realms' financial results now indicate the company's shares could present an opportunity based on 6 important indicators. Click here to find out what a fair price for the stock might be and where analysts see the share price heading over the next year.

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