GAME reports surge in full year sales and profit
Specialist video games retailer GAME Digital saw its adjusted EBITDA climb by 117.4% to Â£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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