In March 2021 John Clarke started the transformation of #GFIN, from an esports service provider, a low margin, high cash burn business to a high margin digital media company centred around gaming & esports.
The transformation won’t happen overnight but encouraging early signs are showing the business is heading in the right direction where gross margins have gone from 13% to 40% and expected to get to over 60% and revenue forecast to do 40%+ CAGR.
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The model for Gfinity is #FUTR who underwent a digital transformation in 2015 & share a NED with #GFIN
Look at this chart, its Future H2 of 2015 & 2016 when they adopted digital media strategy.
It went from 90p to 150p then back to 108p. Where would you have sold?
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Then look at 2016 onwards...it went to 3696p at 3000% plus increase.
The snowball of #GFIN digitial media has started rolling & gathering momentum.
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