Emerge Gaming Limited ( (AU:SP8) ) has issued an update.
Streamplay Studio Limited reported a significant increase in customer receipts, with a rise of 827% to A$1.65M in the quarter ending March 2025, largely due to the successful integration of Noodlecake Studios. The company closed the quarter with a strong cash balance of A$7.7M, no debt, and is focused on expanding its publishing footprint and investing in R&D initiatives. Noodlecake Studios, now a wholly owned subsidiary, achieved A$2.7M in revenue and is expanding its game offerings, including the upcoming mobile launch of Ultimate Chicken Horse. Regionally, Streamplay optimized its mJams music streaming application in the Pacific, achieving cost savings and focusing on local content partnerships.
More about Emerge Gaming Limited
Streamplay Studio Limited operates in the gaming industry, focusing on the development and publishing of video games. Its primary products include a diverse range of games, and it has a market focus on expanding its publishing pipeline and integrating acquired entities like Noodlecake Studios to enhance growth opportunities.
Technical Sentiment Signal: Buy
Current Market Cap: A$8.97M
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