Gaming Realms (GMR) H2 2025 TU earnings summary

Executive summary

• Achieved record FY25 results with revenue up 10% to approximately £31.4 million and adjusted EBITDA up 15% to £15.0 million year-over-year.

• Growth driven by content and brand licensing, with strong performance in major markets and expansion into new territories.

Financial highlights

• FY25 revenue reached £31.4 million, a 10% increase compared to FY24.

• Adjusted EBITDA rose 15% to £15.0 million year-over-year.

• Exchange rate fluctuations negatively impacted revenue by £0.6m and adjusted EBITDA by £0.4m.

Outlook and guidance

• Early 2026 trading shows continued strong demand for the Slingo portfolio.

• Focus remains on product innovation, increased investment in game development, and new market launches.

• Anticipates further growth opportunities in new regulated markets such as Alberta and Maine.