London-listed gaming technology supplier GameAccount Network said Monday that its performance in 2014 remains in line with its stated plan, despite net revenue more than halving to £4.2m during the first half of the year.

Gross income fell 22 per cent to £13.2m, which had a subsequent negative impact on net revenue during the period. GameAccount said that this decline was a result of a significant system sale in the corresponding period last year which boosted revenue by £6.8m.

Adjusting for the impact of that system sale however, net revenue for the current period rose 34 per cent to £3.1m...

Premium subscribers continue here to the full article.


GIQ Magazine Digital Edition