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An announcement from World Chess PLC ( (GB:CHSS) ) is now available.
World Chess PLC reported its interim results for the first half of 2025, showing a slight decline in revenue to €1.1 million and a pre-tax loss of €2.1 million. The company has strategically refocused its operations by closing the World Chess Club Berlin to concentrate on its digital platform, which has been consolidated under worldchess.com. This move aims to enhance user experience and brand identity. The company also raised US$2.0 million through strategic investments to support its growth strategy, launched a new progression system called ‘The Tower’ to increase user engagement, and surpassed 1 million registered users, marking significant progress in its global reach.
The most recent analyst rating on (GB:CHSS) stock is a Hold with a £1.50 price target. To see the full list of analyst forecasts on World Chess PLC stock, see the GB:CHSS Stock Forecast page.
Spark’s Take on GB:CHSS Stock
According to Spark, TipRanks’ AI Analyst, GB:CHSS is a Neutral.
World Chess PLC’s overall stock score is primarily impacted by its poor financial performance, characterized by declining revenues, net losses, and high leverage. Technical analysis provides a slightly more positive outlook with some bullish momentum, but the stock remains below key moving averages. Valuation is weak due to a negative P/E ratio and lack of dividend yield, further weighing down the score.
To see Spark’s full report on GB:CHSS stock, click here.
More about World Chess PLC
World Chess PLC is a London-based chess gaming and entertainment company and the official commercial partner of the Fédération Internationale des Échecs (FIDE). The company is known for organizing FIDE Championship Matches in the USA and the UK and has signed significant media partnerships in chess history. World Chess develops the Armageddon chess league for prime-time television and operates the FIDE Online Arena, the exclusive official chess gaming platform.
Average Trading Volume: 2,219,279
Technical Sentiment Signal: Sell
Current Market Cap: £9.68M
For an in-depth examination of CHSS stock, go to TipRanks’ Overview page.