London, June 30, 2026, 21:05 BST
- Winvia’s long-awaited AIM debut climbed 19p, up 8.23%, on volume of 106,529 shares. The FTSE AIM 100 added 0.22%.
- ADVFN showed Tuesday’s volume at 3.6 times the one-month average, while the stock was still down 6.0% over the past month.
- Winvia filed its 2025 group accounts with Companies House on June 28, while the latest update on its investor page was the June 26 AGM result.
Winvia Entertainment PLC (LON:WVIA) jumped 8.23% by the end of trade Tuesday, snapping back after weakness late in June. The AIM-listed prize-draw and gaming stock closed higher as London AIM wrapped up trading at the usual time. AIM hours went from 8:00 a.m. to 4:30 p.m.; June 30 wasn’t scheduled as a full-day closure for the LSE in 2026.
No new company RNS showed up for Winvia on Tuesday, with the last posted item still the AGM results from June 26. That keeps the day’s move looking like it’s about liquidity or valuation, not a response to any new operational update.
Here’s how the tape shaped up, with delayed numbers from Hargreaves Lansdown and ADVFN.
| Measure | Tuesday reading | Context |
|---|---|---|
| Share quote | 250.00p at the mid | up 19.00p, or 8.23% |
| Bid / offer | 245.00p bid, 255.00p offer | spread is 10p |
| FTSE AIM 100 | — | added 0.22% |
| Volume | 106,529 shares traded | about 3.6 times the one-month average |
| One-month move | — | down 6.02% for the month |
| Market value | £262.82 mln market cap | P/E is 57.75 |
Total flows stayed light. Winvia’s AGM note listed 105.13 million voting shares, and the 2025 report said Teddy Sagi had a direct 69.5% holding. Tuesday’s volume was 0.10% of voting shares, or around 0.33% of shares minus Sagi’s direct stake. That’s based on ADVFN volume figures.
Investors care because it doesn’t take much trading to shift prices when a stock has one big holder and a short AIM history. Winvia’s AIM IPO in November 2025 was oversubscribed and brought in £40 million gross, according to its May update. After taking out reported net cash of £29.9 million from Tuesday’s market cap, enterprise value stood at about £233 million. That’s around 7.5 times its 2025 adjusted EBITDA of £31.2 million.
Revenue mix is the big concern for investors. Winvia is known for its UK prize-draw brands like Best of the Best and Click Competitions, but online gaming drove the 2025 figures. The company lists its key markets as UK prize draws and regulated Romanian online gaming.
| 2025 segment | Revenue | Share of group revenue | Adjusted EBITDA | Share of segment EBITDA |
|---|---|---|---|---|
| Prize Draw Competitions | £40.3 mln | 23.7% | £9.6 mln | 27.8% |
| Online Gaming | £130.0 mln | 76.3% | £24.9 mln | 72.2% |
| Corporate | — | — | -£3.3 mln | — |
Excludes company-wide costs. Data taken from reported segment results.
The mix is a double-edged sword. Online gaming helped Winvia grow, but the company said Romania’s gaming duty will jump to 30% from 21% in August 2025. Winvia said it kept marketing costs and customer engagement in line to deal with the higher tax.
Prize draws saw faster growth, though off a lower starting point. Active customers for Prize Draw Competitions jumped 94% to 1.7 million, with first-time players up 113%. For online gaming, active customers climbed 10% to 1.5 million. BOTB Pass, the group’s subscription product, made up 9% of BOTB monthly revenue in December 2025 and was over 20% in the first quarter through March 31.
Winvia CEO Mihai Manoila called 2025 “a transformational year for Winvia.” First-quarter results published in May show the company’s trading was in line with what the board expected. ADVFN Brasil
All 14 AGM resolutions cleared on June 26, with 81.76% of voting rights counted for each poll. There was little pushback. The share allotment authority faced 1,000 votes against. Pre-emption disapplication had 1,217 opposing votes.
Rev Comps is the next deal to watch. Winvia agreed to pick up the trade, business, and some assets of Rev Corp Limited, which trades as Rev Comps, for a planned £11.79 million, though the final amount will depend on audited results for the year ending May 31, 2026.
