Board Change • May 20
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 2 independent directors (3 non-independent directors). Chief Business Development Officer & Chairman Bulent Balikci is the most experienced director on the board, commencing their role in 2018. Independent Director Robert Larsson was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Annuncio • May 16
Gaming Corps AB (publ) to Report Q1, 2027 Results on May 14, 2027 Gaming Corps AB (publ) announced that they will report Q1, 2027 results on May 14, 2027 Annuncio • Dec 06
Gaming Corps AB (publ), Annual General Meeting, Jun 29, 2026 Gaming Corps AB (publ), Annual General Meeting, Jun 29, 2026. Annuncio • Nov 10
Gaming Corps AB (publ) Appoints Graham Greensmith as New Chief Commercial Officer, Effective November 10 2025 Gaming Corps AB (publ) announced a key hire for the Company’s growth journey. Graham Greensmith, Gaming Corps new Chief Commercial Officer, joins with more than 20 years experience from a multitude of commercial management roles within the industry. Greensmith was most recently heading the growth journey at British iGaming giant Inspired as Head of Commercial Development, where he played a fundamental role in expanding market presence and driving sales. Graham Greensmith joins Gaming Corps following several impressive commercial successes, most recently leading a strong growth journey with iGaming giant Inspired. Having operated at senior level within a fast-growing PLC, he brings valuable experience from scaling operations and driving strategic expansion in a public company environment as well as strong connections and relationships from the European iGaming scene. Graham holds a Bachelor of Science in Business Management from the University of Surrey, and started his new role November 10, 2025. Annuncio • Jan 17
Gaming Corps AB (publ), Annual General Meeting, Jun 30, 2025 Gaming Corps AB (publ), Annual General Meeting, Jun 30, 2025. New Risk • Nov 14
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 60% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr20m free cash flow). Share price has been highly volatile over the past 3 months (14% average weekly change). Negative equity (-kr5.0m). Earnings have declined by 11% per year over the past 5 years. Shareholders have been substantially diluted in the past year (60% increase in shares outstanding). Market cap is less than US$10m (€4.30m market cap, or US$4.54m). Minor Risk Revenue is less than US$5m (kr31m revenue, or US$2.8m). New Risk • Sep 27
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 14% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr20m free cash flow). Share price has been highly volatile over the past 3 months (14% average weekly change). Negative equity (-kr5.0m). Earnings have declined by 11% per year over the past 5 years. Market cap is less than US$10m (€4.07m market cap, or US$4.55m). Minor Risks Shareholders have been diluted in the past year (17% increase in shares outstanding). Revenue is less than US$5m (kr31m revenue, or US$3.0m). Reported Earnings • Aug 27
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: kr8.55m (up 5.8% from 2Q 2023). Net loss: kr8.15m (loss widened 22% from 2Q 2023). Annuncio • Jun 01
Gaming Corps AB (publ), Annual General Meeting, Jun 28, 2024 Gaming Corps AB (publ), Annual General Meeting, Jun 28, 2024, at 14:00 W. Europe Standard Time. Location: in etraveli`s premises at dragarbrunnsgatan 46, 6 stairs, uppsala Sweden Reported Earnings • May 22
First quarter 2024 earnings released First quarter 2024 results: Revenue: kr7.37m (down 9.6% from 1Q 2023). Net loss: kr3.07m (loss narrowed 25% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings. New Risk • May 21
New major risk - Revenue and earnings growth Earnings have declined by 4.6% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr23m free cash flow). Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 4.6% per year over the past 5 years. Market cap is less than US$10m (€6.07m market cap, or US$6.59m). Minor Risks Shareholders have been diluted in the past year (19% increase in shares outstanding). Revenue is less than US$5m (kr31m revenue, or US$2.9m). Board Change • Jan 02
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Chairman of the Board Claes Tellman was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 19
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: kr7.96m (up 117% from 3Q 2022). Net loss: kr4.63m (loss narrowed 26% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 28
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: kr8.14m (up 351% from 2Q 2022). Net loss: kr6.65m (loss widened 35% from 2Q 2022). Board Change • Jul 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Director Thomas Hedlund was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Mar 29
Board Member recently sold €21k worth of stock On the 20th of March, Bulent Balikci sold around 100k shares on-market at roughly €0.21 per share. This transaction amounted to 4.7% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €120k. Insiders have been net sellers, collectively disposing of €40k more than they bought in the last 12 months. Recent Insider Transactions • Mar 04
Board Member recently sold €120k worth of stock On the 27th of February, Bulent Balikci sold around 555k shares on-market at roughly €0.22 per share. This transaction amounted to 21% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €31k more than they bought in the last 12 months. Annuncio • Dec 14
Gaming Corps AB (publ) announced that it expects to receive SEK 10 million in funding from Svea Bank AB Gaming Corps AB (publ) announced a private placement of 4,000,000 common shares at an issue price of SEK 2.5 per share for the gross proceeds of SEK 10 million on December 13, 2022. The transaction will include participation from returning investor, Svea Bank AB. Execution of directed issue results in a dilution of approximately 6.88 percent for existing shareholders in relation to total number of outstanding shares and votes in company. Reported Earnings • Nov 21
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: kr3.69m (up 347% from 3Q 2021). Net loss: kr6.23m (loss narrowed 13% from 3Q 2021). Reported Earnings • Aug 28
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: kr1.84m (up 149% from 2Q 2021). Net loss: kr4.92m (loss narrowed 17% from 2Q 2021). Reported Earnings • May 30
First quarter 2022 earnings released First quarter 2022 results: Revenue: kr1.65m (up kr1.59m from 1Q 2021). Net loss: kr5.93m (loss widened 84% from 1Q 2021). Reported Earnings • Feb 28
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: kr0.51 loss per share (down from kr0.51 loss in FY 2020). Revenue: kr2.42m (up kr2.19m from FY 2020). Net loss: kr22.4m (loss widened 28% from FY 2020). Revenue missed analyst estimates by 15%. Recent Insider Transactions • Mar 03
Independent Director recently bought €59k worth of stock On the 26th of February, Daniel Reden bought around 220k shares on-market at roughly €0.27 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €87k more in shares than they have sold in the last 12 months. Is New 90 Day High Low • Mar 02
New 90-day low: €0.24 The company is down 11% from its price of €0.27 on 02 December 2020. The German market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 13% over the same period. Reported Earnings • Feb 28
Full year 2020 earnings released: kr0.50 loss per share (vs kr0.25 loss in FY 2019) Full year 2020 results: Net loss: kr17.5m (loss widened 136% from FY 2019). Annuncio • Feb 13
Gaming Corps AB (publ) (OM:GCOR) signed an agreement for the sale of 212 shares in Kung Fu Factory Ltd. for approximately USD 0.16 million. Gaming Corps AB (publ) (OM:GCOR) signed an agreement for the sale of 212 shares in Kung Fu Factory Ltd. for approximately USD 0.16 million on February 11, 2021. During 2017 and 2018, Gaming Corps acquired 901 shares in Kung Fu Factory. 