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Gaming Corps (GCOR) investor relations material

Gaming Corps Q2 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q2 2025 earnings summary22 Aug, 2025

Executive summary

  • Achieved over 20% year-over-year net sales growth in Q2 2025, with net sales of 10.2 MSEK and total revenues of 12.5 MSEK for the quarter.

  • Operating result was -9.5 MSEK, with a net loss per share of -0.05 SEK, an improvement from -0.12 SEK in Q2 2024.

  • Expanded game release frequency, doubling the number of new games compared to Q1, and launched a unique strategic agreement with major shareholder Denwena Limited.

  • Organization grew to 66 employees, with significant investments in game development and commercial teams.

Financial highlights

  • Net sales increased 20.3% year-over-year to 10.2 MSEK; total revenues reached 12.5 MSEK.

  • Operating result (EBIT) was -9.5 MSEK, and net result after financial items was -7.9 MSEK, both slightly improved from Q2 2024.

  • EBITDA for Q2 2025 was -7.8 MSEK.

  • Equity ratio at period end was 49.3%.

  • Cash and cash equivalents at period end were 6.9 MSEK.

Outlook and guidance

  • Strategic focus on increasing game production, with a new roadmap for both core and RGS (Remote Game Server) business lines.

  • Ambition to become a leading global game studio, supported by the Denwena Limited partnership.

  • No detailed revenue forecast provided, but management expects increased revenues as production scales.

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Q3 202514 Nov, 2025
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Frequently asked questions

Gaming Corps is a game development company that creates original content for both the gaming and iGaming industries. The company's gaming sector produces video games for computers, consoles, and mobile platforms, while its iGaming sector focuses on online gambling games, including various casino games. Gaming Corps operates development studios in Malta and Ukraine. The company is headquartered in Uppsala, Sweden, and its shares are listed on the Stockholm Stock Exchange.

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