Gaming Corps

Gaming Corps’ third quarter 2025 interim report highlights a period of significant operational scaling and revenue growth, characterized by a 29% increase in net sales and a 44% rise in total revenue compared to the same period in 2024. Despite these gains, the company continues to report an operating loss, with a net loss of 9.1 MSEK for the quarter. This financial performance reflects a strategic decision to prioritize aggressive recruitment and the development of two distinct production lines—one for proprietary titles and another for its RGS-offering in partnership with DEGEN Studios.

The company’s primary objective remains achieving profitability by the end of 2025. To support this goal, management is focusing on increasing game release frequency and quality, supported by a clear product roadmap extending through the first quarter of 2026. While the partnership with DEGEN Studios experienced a longer-than-expected ramp-up phase, the company has secured the necessary resources to reach a target of two game releases per month for that segment by early 2026. Additionally, the upcoming launch of the proprietary game engine, Marbles, remains a focal point, though it has faced minor delays due to regulatory certification requirements.

Geographically, Gaming Corps is expanding its footprint, with a strong emphasis on the Ontario market and continued growth in the United Kingdom, where it expects to achieve majority market coverage by early 2026. The company’s reach has expanded to over 2,000 live online casinos. By strengthening its commercial leadership and optimizing its production pipelines, the company aims to transition from its current high-investment growth phase toward a more sustainable, profitable business model while maintaining its focus on innovation within the global iGaming sector.