**Summary**
Winvia Entertainment PLC, a technology-led entertainment company focused on prize draws and online gaming, released a strong FY25 trading update following its successful IPO in the second half of the year. The company raised ยฃ40.0m through an oversubscribed placing, positioning itself for a roll up strategy in the fragmented UK Prize Draw market. Key highlights include
1. **Financial Performance**
Adjusted EBITDA for FY25 is expected to exceed ยฃ31 million, significantly ahead of market expectations (ยฃ29.1 million) and the previous year (ยฃ15.3 million).
Strong operating cash flows led to a healthy net cash position, enabling the company to plan a dividend declaration with FY25 results.
2. **Business Segments**
**UK Prize Draw** Record revenue driven by a 47% increase in active customers, successful marketing spend, and the launch of a subscription offering, which outperformed expectations.
**Online Gaming** Active customers grew by 12%, with December 2025 achieving record monthly deposits (16% YoY growth). New B2B partnerships were established to monetize the proprietary technology platform.
3. **Technology Platform**
Enhanced with AI tools to improve marketing, traffic, and conversion, supporting growth across both segments.
4. **Board Changes**
David Perry steps down after leading the successful IPO.
Simon Hay, former CFO of Pawatech Group Limited and Rank Group PLC, joins the Board as CFO from 1 February 2026, bringing extensive gaming and finance experience.
5. **Strategic Focus**
Winvia aims to accelerate growth in the UK Prize Draw market through organic expansion and acquisitions, leveraging its technology platform. The company is well-positioned for 2026, with plans to increase marketing spend on subscriptions to boost market share and recurring revenue.
CEO Mihai Manoila emphasized the companyโs strong growth, successful IPO, and strategic focus on the UK Prize Draw market, highlighting the technology platform as a key driver of future success.
**END**
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### Notes:
1. **EBITDA**: FY25 EBITDA is expected to be at least ยฃ31 million, significantly ahead of FY24's ยฃ15.3 million.
2. **Revenue and Customers**: Specific FY24 figures for revenue and customer metrics are not provided, but FY25 shows strong growth across all segments.
3. **Debt**: The text does not mention debt figures for either year, so the table reflects this as "No data available."
4. **Net Cash Position**: FY25 shows a growing and healthy net cash position, but exact figures are not provided. This table summarizes the available financial comparisons based on the provided text.