Gamesys Group Reports 27% Pro Forma Revenue Rise for H1 2020

Gamesys Group, an online software development and gaming business, has reported a pro forma revenue rise of 27% for the first half of 2020, seeing a 101% reported change – to £340m ($444.9m).

The reason behind its reported change is the company’s acquisition of JPJ for £490m in September. But its pro forma rise shows all brands would have experienced financial increases in any case.

Adjusted EBITDA was also up 75% to £95m and adjusted net income up 68% to £68.1m.

“It has been very pleasing to oversee another strong half-year performance, with reported gaming revenues doubling across the group year-on-year. Our strong brands, operational control and proprietary technology have allowed us to drive growth in established markets such as the UK, while also delivering strong results in fast-growing markets in Asia and ROW,” Lee Fenton, CEO of Gamesys Group, said.