Interims from Gfinity, the leading international esports business, saw progress with gross profit growth and cost control resulting in reduced operating losses. Going forward, Gfinity is focusing on three core areas where it has a competitive advantage (eMotorsports, own community and building communities for others) and exiting other areas. As flagged in March, Gfinity has undertaken a strategic review and has started a series of major cost reduction measures including board and senior leade
02 Apr 2020
Focus on core areas; significant cost reductions
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Focus on core areas; significant cost reductions
Gfinity PLC (GFIN:LON) | 0.0 0 0.0% | Mkt Cap: 1.44m
- Published:
02 Apr 2020 -
Author:
David Johnson -
Pages:
2
Interims from Gfinity, the leading international esports business, saw progress with gross profit growth and cost control resulting in reduced operating losses. Going forward, Gfinity is focusing on three core areas where it has a competitive advantage (eMotorsports, own community and building communities for others) and exiting other areas. As flagged in March, Gfinity has undertaken a strategic review and has started a series of major cost reduction measures including board and senior leade