Gaming Realms PLC, the developer and licensor of mobile focused gaming content, announces its annual results for the year ended December 31st, 2021 and Q1 highlights for 2022.
Gaming Realms’ licensing strategy has enabled the group to grow revenues at high margins during the 2021 fiscal year. The group launched in several new regulated iGaming markets which will provide continued growth in the coming year.
“2021 was another exceptional year for the group as we expanded our Slingo portfolio and entered new regulated iGaming markets, increasing revenue by 29% and producing a maiden profit for the financial year of £1.3m ($1.6 USD),” said Michael Buckley, Executive Chairman of Gaming Realms PLC. “Our core licensing business continued to go from strength to strength as we secured 35 new licensing and distribution partners throughout the year that supported a 48% growth in the number of unique players enjoying our content globally. The group’s commitment to increasing our global presence during the period has provided us with a strong foundation on which to deliver further growth in 2022 as we remain focused on expanding our foothold in these territories. Momentum has certainly continued into the year so far, having already released four new games and launched in both Spain and Canada. With additional planned launches in new markets and with new partners in the pipeline, we look forward to providing further updates in due course.”
The full announcement with all the numbers, statements, and forecasts, can be seen here.
(All information was provided by Yahoo!)