Esports is a fast-growing area but Gfinity continues to find it difficult to make money.
Interim revenues fell from £4.4m to £3.5m, although this was mainly due to the ending of lower margin operations. The adjusting operating loss has fallen from £4.4m to £2.4m.
Gfinity has decided not to pursue a contract with a major customer and that means that full year revenues will be flat. Margins will be better than expected.
Management is talking to strategic investors.
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