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Gfinity PLC posts 'very strong first half' with continued growth in both divisions

Capital Network analyst Ed Stacey gives his take on Gfinity PLC's (LON:GFIN) results for the first-half period to December 2018.

Revenues grew 143% year-on-year, with 104% growth for the Managed Services business and 387% for the Owned Content business.

Looking ahead Stacey's expecting continued growth in both divisions, with Managed Services becoming the major driver.

Quick facts: Gfinity PLC

Price: 4.1 GBX

AIM:GFIN
Market: AIM
Market Cap: £32.66 m
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Gfinity PLC's progress being reflected in revenue with 82% growth

Proactive Research analyst Ed Stacey says the recent strong results from Gfinity (LON:GFIN) reflect the strategic initiatives undertaken by the new executive team since 2018. Stacey says the firm recently reported full-year June 2019 results in line with the upgraded trading update issued in...

on 30/10/19

2 min read