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GAME reports surge in full year sales and profit

Specialist video games retailer GAME Digital saw its adjusted EBITDA climb by 117.4% to £51.3 million in the year to 26 July as the company grew its market share in both of its territories.

GENERAL MERCHANDISE

GAME reports surge in full year sales and profit

Specialist video games retailer GAME Digital saw its adjusted EBITDA climb by 117.4% to £51.3 million in the year to 26 July as the company grew its market share in both of its territories.

Group revenues surged by 31% to £861.8 million while operating profit increased from a loss of £3.3 million to a profit of £24.8 million.

During the year, GAME grew its market share in both of the countries in which it operates – the UK and Spain – and over one million new customers signed up to its reward card programmes, to take the total to over 16 million.

Chairman David Hamid said: "GAME has delivered a strong performance in what has been a transformational year for the company, which included our successful IPO in June. We are a dynamic and well-funded company with a strong platform from which to build and drive further growth and profitability."

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