‘B2B focused’ Nektan Plc remains confident that it can achieve EBITDA break-even results by the end of year trading. Publishing its corporate results for the six-month period ending 31 December 2019 (H1 2019), Nektan recorded corporate revenues of £800,000, up 157% on corresponding H1 2018’s £310,000. The London-AIM firm pointed to its improved commercial pipeline, which sees its software active …
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Issuing a market filing, London AIM-listed Nektan Plc has confirmed that it has disposed of its UK B2C unit, offloading the asset to Grace Media for £200,000. News of the transaction follows a Tuesday update by Nektan governance confirming that the appointment of Mark Phillips and Julie Swan of PCR London as joint administrators of the B2C unit. Grace Media …
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London AIM-listed mobile gaming group Nektan Plc has confirmed that it has secured £2.6 million in working capital, having agreed subscription terms on a new share placement. Issuing its latest market-filing, Nektan governance reveals that ‘certain investors’ have agreed to back the firm’s subscription agreement, set at 52 million new shares priced at 5p per share. In its transaction note, …
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London AIM-listed mobile gaming group Nektan Plc has begun executive search procedures after confirming the departure of Lucy Buckley as CEO. Issuing a corporate statement, Nektan said that company founder and Executive Director Gary Shaw will act as company Chief Executive on an interim basis. Buckley will ‘remain available to the board’ to help the company with its leadership transition, …
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Nektan, thean international B2B and white label gaming software and services provider, has named Jaydeep Chakravartty as its new Vice President, Commercials. Chakravartty has a wealth of industry experience and joins from Ingenuity Gaming, where he held the position of Commercial Director for six years with the games studio. His industry career began as Manager for Ladbrokes Retail followed by …
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London-AIM listed Nektan Plc announces one of its biggest partnerships to date, securing BetVictor as a new B2B client. Updating the market, Nektan has integrated its ‘E-lite Casino Platform’ within BetVictor’s digital framework, expanding the Gibraltar based operator’s gaming content across its verticals. Nektan secures the partnership through its operations and licensing partner Tyche Digital Malta, who will supply platform …
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London AIM-listed platform and games content provider Nektan Plc has today confirmed that the pending appointment of Lucy Buckley as new Chief Executive Officer. Updating investors, Nektan governance confirms its new executive leader who is expected to join the company and its board on 3 December 2018. A seasoned leadership executive in marketing, growth strategies and corporate development, Buckley joins …
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London AIM-listed platform and gaming content provider Nektan Plc reports a ‘stronger than expected’ opening for its 2019/2020 trading. Publishing its Q1 2019/20 accounts (period ending 30 September 2018), Nektan reports record net-gaming-revenues (NGR) of £6.4 million up 64% on Q1 2018’s £3.9 million. Updating the market Gary Shaw, Interim Chief Executive Officer of Nektan, said: “Q1 FY19 has been …
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Metric Gaming and Nektan have joined forces to provide a turnkey horse racing and sports betting solution for the US market. These services will be offered through the Rapid Games™ platform from Respin LLC, Nektan’s US operating subsidiary. Rapid Games is the US casino gaming industry’s only independently certified Class II and Class III On-Premises mobile platform. Integrating to Rapid, a server-based …
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London AIM-listed B2B mobile gaming solutions provider Nektan Plc has detailed strong corporate growth for its Q2 2018 trading update (three-month period ending 31 December). Updating investors, Nektan would record net gaming revenues of £4.7 million up 42% on corresponding Q2 2017’s £3.3 million. During the trading period, Nektan governance informs that it has prioritized on developing player quality, whilst …
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