Miniature Wargame Giant Rewards Employees for Strong Performance

  • Games Workshop’s profit-before-tax expected to reach £155m in FY results
  • Core revenue estimated at £385m, with £28m in receivable royalties
  • Staff bonuses of £10m announced for latest results recognition
  • Revenues increased 31% YoY to £353.2m in FY21 compared to previous year
  • FY21 profit before tax up 68.8% due to government restrictions and store closures

Games Workshop has announced that its profit-before-tax is set to hit £155m in the year to 29 May 2022, with core revenue estimated at £385m and receivable royalties of £28m. The company also reported a 68.8% spike in FY21 profit before tax compared to the previous year, which was largely impacted by government restrictions and a net global store closure of eight at the group, reducing the UK’s number of shops from 140 to 138 during that period. The Nottingham-based miniature wargames provider shared that its annual report for the year to 29 May 2022 will be available on 26 July 2022.

Factuality Level: 10
Factuality Justification: The article provides accurate and objective information about Games Workshop’s financial performance, including profit-before-tax, revenue estimates, and staff bonuses. It also includes relevant background information on the impact of government restrictions and store closures. The reporting is not exaggerated or sensationalized, and there are no signs of personal perspective being presented as a universally accepted truth.
Noise Level: 5
Noise Justification: The article provides information about Games Workshop’s financial performance and staff bonuses but lacks in-depth analysis or exploration of the reasons behind the growth. It also does not offer actionable insights or new knowledge for readers.
Financial Relevance: Yes
Financial Markets Impacted: Games Workshop’s stock price and related companies in the toy/gaming industry
Financial Rating Justification: The article discusses Games Workshop’s financial performance, including profit-before-tax, revenue, and bonuses for staff, which are all relevant to finance. Additionally, it mentions the impact of government restrictions on their business operations and store closures, which can affect the company’s stock price and other related companies in the toy/gaming industry.
Presence Of Extreme Event: No
Nature Of Extreme Event: Other
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: There is no extreme event mentioned in the text.

Reported publicly: www.retailsector.co.uk