World Chess plc (CHSS.L) aims to boost the profile of the game of chess and thereby unlock its commercial potential. FY24 interims showed strong growth across the company’s Online (+204%) and Clubs business but was offset by no major tournaments held in the period, leading Group revenue to decline 1% to €1.2m. Higher gross margins resulted in a swing to gross profit, which saw operating loss narrow 8% and net loss decline 20%. Following interims, FY24E revenue (+9% versus prior), gross margins ( ....
