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Gfinity PLC - London-based e-sports and gaming services - Expects revenue for the six months ended on December 30 to be £4.1 million, up 26% from £3.3 million a year prior. Adjusted operating loss is expected to reach £800,000, widened from £400,000. Looking ahead, Gfinity says it is in discussions with several parties to seek outside investment to accelerate Athlos’ first-mover advantage. Last month, Gfinity said its wholly-owned subsidiary Athlos Game Technologies has entered a one-year rolling commercial agreement with mobile game operator Playgendary. The company launched Athlos in August, looking to provide clients with a competition platform to deepen player engagement, to lower player churn and to increase average revenue per user. Current stock price: 0.24 pence each, down 30% on Thursday afternoon in London 12-month change: down 92% Copyright 2023 Alliance News Ltd. All Rights Reserved.
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