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IN BRIEF: Gfinity disposes of remaining stake in Athlos Game

ALN

Gfinity PLC - London-based e-sports and gaming services firm - Disposes of remaining 27.5% stake in Athlos Game Technologies Ltd, which is its former proprietary esports technology business, to Tourbillon Group UK Ltd. Gfinity receives an immediate payment of £260,000 in cash. Athlos in financial year 2022 ended June 30 generated revenue of £300,000 with a pretax loss of £500,000.

Current stock price: 0.064 pence, down 12%

12-month change: down 95%

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