Winking Studios Projects H1 Revenue to Jump At Least 20%
Winking Studios (SGX:WKS) expects first-half revenue to rise at least 20% from $19.4 million a year earlier, driven by strong demand for its game art outsourcing services and contributions from Vertic Studios and Shanghai Mineloader Digital Technology, according to a Monday Singapore Exchange filing.The company expects adjusted EBITDA to decline to between $1 million and $1.3 million from $2.4 million, reflecting increased investment in its newly acquired North America-based Studios Ampera and AI-enabled game development capabilities.Winking said it expects second-half revenue to exceed first-half levels despite higher operating costs as it continues investing in growth initiatives aimed at expanding its global presence and supporting long-term margin expansion.
