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Winvia Entertainment PLC on Tuesday reported a sharp rise in annual earnings in 2025, as its number of active prize draw customers almost doubled. The London-based prize draw and online gaming business said pretax profit rose 47% to £8.9 million in 2025 from £6.0 million a year earlier. Revenue multiplied to £170.3 million from £38.1 million, but cost of sales jumped to £74.6 million from £9.2 million. This left gross profit at £95.8 million, up sharply from £28.9 million. Adjusted earnings before interest, tax, depreciation and amortisation increased to £31.2 million from £6.6 million, in line with recently upgraded expectations of at least £31 million. Winvia declared a maiden dividend of 5.9 pence per share, in line with expectations set at the time of its initial public offering at the start of November last year. The firm said the number of active customers in its prize draw competitions jumped 94% to 1.7 million from 900,000. Winvia said this was driven by mergers and acquisitions, higher marketing spend, streamlined onboarding and ongoing platform migration. Active customers in online gaming were up 10% to 1.5 million from 1.4 million, as the firm introduced a new revenue stream. On Monday, Winvia agreed to acquire the trade, business and key assets of Rev Corp Ltd, also known as Rev Comps, for £11.8 million. It said the UK prize draw platform Rev Comps has ‘a loyal and growing customer base,’ along with ‘a strong brand presence within the UK prize draw market,’ and said it ‘has demonstrated consistent engagement across its player community.’ On Tuesday, Winvia said trading in the first quarter of 2026 has continued to be strong, and said it is ‘firmly on track’ to meet the board’s full-year expectations. ‘As we head into a peak trading period, we see a significant opportunity to increase our market share which we intend to capitalise on,’ Winvia said. ‘2025 has been a transformational year for Winvia, marked by strong execution, further scale and the demonstration of our agility, delivering on opportunities that capture further revenue in a growing market,’ said Chief Executive Officer Mihai Manoila. ‘We have driven significant revenue and Ebitda growth, expanded our customer base across both prize draw competitions and online gaming, and demonstrated the power of our proprietary technology platform to deliver scalable, high-margin growth. Additionally, we have seen early success in our subscription model.’ Shares in Winvia Entertainment were down 0.1% at 237.30 pence on Tuesday afternoon in London. Copyright 2026 Alliance News Ltd. All Rights Reserved.
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