Perth-based online gaming company VGW Holdings raked in $2.2 billion in revenue and $295 million profit in FY21, financial statements lodged with ASIC this week reveal.
Perth tech company VGW Holdings has reported spectacular growth in annual revenue and profit from its online gaming operations, with shareholders rewarded with a bumper dividend.
Perth-based online gaming company VGW Holdings, founded by ‘young rich lister' Laurence Escalante, has achieved spectacular revenue growth over the past year and reported its maiden net profit.
Perth entrepreneurs Tony Sage and Ranko Matic have both hit roadblocks on their path to turn their respective businesses into online gambling companies through reverse takeovers.
Small companies hoping to list on the stock market are facing tougher conditions, with more than a dozen announced deals in Western Australia hitting problems this year and the ASX foreshadowing tighter regulation of new deals.
A Perth-based online gaming company that has raised $14.6 million from private investors is pursuing a stockmarket float after reporting spectacular growth in revenue.