SEK 29.2m Net Sales, 7 New Games: Gaming Corps Posts Q3 2026 Growth Under CEO Juha Kauppinen
Gaming Corps has reported third-quarter 2026 net sales of SEK 29.2 million, up 130% on the same period last year and 38% higher than the previous quarter. The Nasdaq First North-listed games developer also improved its result for the period to SEK -2.6 million.
The quarter pairs continued strong growth with seven new in-house game releases and a run of new partnership agreements across lotteries and established operators.
Gaming Corps Q3 2026 net sales climb 130% to SEK 29.2 million
Net sales for the July to September period reached SEK 29.2 million, against SEK 12.7 million a year earlier. That is year-on-year growth of 130%, and a 38% rise on the previous quarter.
Gaming Corps games ran across more than 2,540 online casinos during the quarter, up from more than 2,000 a year earlier. Over the first nine months of 2026, net sales reached SEK 65.3 million, up from SEK 33.6 million.
Gaming Corps improves its Q3 2026 result by 65% to SEK -2.6 million
The result for the period improved to SEK -2.6 million, which Gaming Corps described as around 65% better than Q2 2026, and up from SEK -9.1 million a year earlier.
The operating result improved to SEK -3.6 million from SEK -7.9 million, while EBITDA strengthened to SEK -0.8 million from SEK -7.6 million, close to break-even. Earnings per share before dilution came in at SEK -0.02, against SEK -0.06 a year earlier.
Over the first nine months of 2026, the result for the period improved to SEK -20.8 million, from SEK -28.0 million a year earlier. Revenue rising sharply while each of these measures improves points, in editorial terms, to a supplier starting to show operating leverage as it scales.
Gaming Corps releases 7 new games, targeting 3 a month in Q4
Gaming Corps released seven of its own games during the quarter, and CEO Juha Kauppinen said it would work towards an average of three releases per month in Q4.
The company also pointed to its Product Road Map for Q4 2026 and Q1 2027, set out in its Q3 report. It began sharing that road map with the market at the end of 2025 to build interest among leading operators.
Gaming Corps signs new deals with Bally’s Intralot, Playtech and Games Global
The company said it had recently released cooperation agreements with Bally’s Intralot and Playtech, among others.
During the quarter it also agreed a global distribution deal with Games Global, signed an agreement with evoke plc, and expanded its existing partnership with Entain, widening the distribution footprint for its content.
PlayWin partnership drives Gaming Corps’ North American expansion
Gaming Corps signed a new and slightly different cooperation with US-based PlayWin, which holds rights to several major sports stars, including NHL legends.
Sports stars are of particular interest in the North American market, where the company is setting up a new distribution infrastructure through a new third party on terms it describes as more favourable. The aim is to speed up access to the regulated market and improve margins.
It added that it has several dialogues under way with major American operators showing interest in its self-produced slots.
2 state-lottery deals: Gaming Corps signs Loto-Québec and Veikkaus
National lotteries and state-controlled operators remain a strategically important focus. During the quarter Gaming Corps announced an agreement with the Canadian provincial lottery Loto-Québec, followed after the period by one with the Finnish state operator Veikkaus, which Kauppinen described as two strong deals for the company.
The company reported early positive results from its launch in Ontario, and said the Loto-Québec agreement gives it direct access to the entire regulated market in Quebec. It described the response to its game portfolio and commercial team in these dialogues as very positive.
Gaming Corps’ SEK 36.8 million share issue strengthens its 2027 plans
After the period, Gaming Corps completed a directed new share issue of approximately SEK 36.8 million, with the outcome announced on 30 October. It also called a meeting on a shareholder proposal for a further directed issue of around SEK 8.4 million.
As part of that supplementary issue, major shareholder Svea Bank indicated it wished to offset a remaining receivable of around SEK 2.34 million.
The company said the issue gives it greater financial security, with participation from management, the board and external investors experienced in iGaming, and that it is finalising its strategy for the full year 2027.
What Gaming Corps’ 130% Q3 growth signals for iGaming operators
Gaming Corps reported that October was continuing to show good growth, carrying the quarter’s momentum into Q4. On a stronger financial footing and with a clear direction, Kauppinen said, the company continues its work towards profitability.
For operators and partners, the picture is consistent: a supplier growing revenue at triple-digit rates, widening distribution past 2,540 casinos, lifting its release cadence to a targeted three games a month, and landing regulated-market and lottery deals in Canada and Finland.
With a stronger balance sheet after the share issue and the 2027 strategy being finalised, Gaming Corps is positioning itself as a scaling content supplier moving steadily towards its stated profitability goal.
Source: Gaming Corps
