Winking Studios Limited

Winking Studios Limited

13.75
GBX
0.00
(0.00%)
6.63BMarket Cap
Feb 26Next Earn
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.05
0.08
0.09
0.12
0.09
0.1
- -
Basic EPS, GAAP
0.01
0.01
- -
0.01
- -
- -
- -
Free Cash Flow per Basic Share
- -
0.01
- -
0.01
- -
0.01
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.03
0.04
0.04
0.08
0.11
0.12
0.12
Tangible Book Value per Share
0.03
0.04
0.04
0.08
0.11
0.08
0.08
Basic Weighted Avg Shares
280
280
280
243
339
441
442
Sales/Revenue/Turnover
14
24
24
29
32
46
- -
Operating Margin (%)
15.78
14.18
3.99
5.27
-4.72
1.56
- -
Depreciation Expense
1
1
1
2
2
3
- -
Net Income, GAAP
2
3
1
2
1
- -
- -
Effective Tax Rate (%)
0.5
- -
- -
- -
- -
43.6
- -
Profit Margin (%)
12.8
13.12
4.23
6.08
1.65
0.72
- -
Working Capital
6
8
7
17
43
33
31
LT Debt
- -
1
2
2
2
1
1
Total Equity
8
11
11
21
50
53
53
Return on Invested Capital (%)
- -
- -
- -
- -
- -
0.44
- -
Return on Capital (%)
- -
- -
- -
- -
- -
0.76
- -
Return on Common Equity (%)
- -
33.43
9.37
10.93
1.47
0.63
- -

Capital Structure

USD

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
ST Debt
2
2
6
LT Borrowings
- -
- -
- -
LT Finance Leases
2
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
440
442
442
Market Capitalization
76
77
88

Working Capital

USD

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
Total Current Assets
40
43
42
Cash, Cash Equivalents & STI
26
27
23
Accounts Receivable, Net
8
8
9
Inventories
- -
- -
- -
Total Current Liabilities
7
10
11
Payables & Accruals
- -
- -
- -
ST Debt
2
2
6
Deferred Revenue
- -
- -
- -

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
55.58%
6.03%
Free Cash Flow
- -
1,119.51%
4,772.34%
Net Income, GAAP
- -
-7.14%
-37.9%
Sales/Revenue/Turnover
- -
27.61%
42.64%
Total Cash Common Dividend
- -
- -
-92.26%

Semi-annual Revenue

USD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
32
2025
- -
- -
46
2026
- -
- -
- -

Semi-annual Earnings Per Share

USD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Semi-annual Dividends Per Share

USD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

CEO
Cheng Han Zhan
Full Time Employees
1,426
Sector
Technology services
Industry
Packaged software
Address
Singapore Singapore
IPO Date
Nov 20, 2023
Business
Winking Studios Limited provides art outsourcing, game development, and global publishing services to the interactive entertainment industry worldwide. The company operates through three segments: Art Outsourcing, Game Development, and Global Publishing and Other Services. The Art Outsourcing segment offers 2D concept design, illustration, and 2D animation; 3D character, asset, and environment modeling; 3D animation; visual effects (VFX); and game engine integration for AAA video game titles across console, PC, and mobile platforms. The Game Development segment provides end-to-end full-cycle game design, software programming, scriptwriting, level design, quality assurance testing, and multi-platform porting services. The Global Publishing and Other Services segment engages in the publishing, marketing, and distribution of proprietary and third-party video game titles across digital storefronts and platforms, including Sony PlayStation, Nintendo Switch, Microsoft Xbox, and Steam; intellectual property (IP) licensing; and the commercialization of gaming merchandise and peripheral products. The company primarily serves Tier-1 global game developers and publishers, maintaining commercial partnerships with major industry participants including Tencent, NetEase, miHoYo, Ubisoft, Electronic Arts, Nexon, and NCSOFT. Tracing its origins to 1997 and incorporated in 2004, Winking Studios Limited is headquartered in Singapore, with production studios and offices across Singapore, Taiwan, Mainland China, Malaysia, and North America. The company operates as a subsidiary of Acer Gaming Inc., part of Acer Incorporated. Its shares are dual-listed on the Singapore Exchange Catalist board and the AIM market of the London Stock Exchange under the ticker WKS. In recent corporate developments, Winking Studios completed the acquisition of Taipei-based art outsourcing studio On Point Creative Co., Ltd. in April 2024 to strengthen its AAA production capacity. In November 2024, the company executed a dual listing on the AIM market of the London Stock Exchange. In April 2025, Winking Studios completed the acquisition of Shanghai Mineloader Digital Technology Co., Ltd., expanding its technical workforce and console-focused development capacity. In March 2026, the company announced the strategic acquisition of North American studio AMPERA to accelerate Western market expansion. Additionally, Winking Studios collaborated with parent company Acer Inc. to establish an AI Research Lab and launched GenMotion.AI, a proprietary text-to-3D animation software application integrated with major digital content creation workflows and game engines.