27 January 2026

Winvia Entertainment PLC

("Winvia Entertainment", the "Group" or the "Company")

FY25 Trading Update

Strong trading follows successful IPO; with FY25 EBITDA expected to be ahead of expectations

Winvia Entertainment (AIM: WVIA), a technology-led entertainment business, focused on prize draw and online gaming, today announces an update on trading for the financial year ending 31 December 2025¹ ('FY25') ahead of its full year results, which are expected to be announced in May 2026.

The Group achieved a successful AIM IPO in the second half of FY25, raising gross proceeds of £40.0m through a substantially oversubscribed placing for its 'roll up' opportunity in the highly fragmented UK Prize Draw market. The Group continues to engage with multiple potential acquisition targets, with some well progressed.

Following a strong close to the year, adjusted EBITDA is expected to be significantly ahead of last year and ahead of market expectations² at not less than £31 million (FY24: £15.3 million³). The Group continues to deliver strong operating cash flows resulting in a growing and healthy net cash position at the year end. As a result, the Directors expect to declare a dividend with its FY25 results in line with its expectations set at the time of the IPO.

In the UK Prize Draw segment, the focus on marketing spend and investment in prizes, amplified by the ongoing transition to its proprietary technology platform has delivered record numbers of monthly paying users, first time players and conversion. Active customers for the year increased by 47%, generating an all-time record revenue in the segment⁴, giving a strong runway into 2026. The subscription offering, launched in the second half of the year, has performed ahead of management's expectations and subscription revenues now form a meaningful component of total ticket sales. Given the positive impact of the increased investment in marketing and strong ROI to date, the Group plans to prudently increase marketing spend on the subscription offering in order to further increase market share and recurring revenue.

In the online gaming segment, the Group delivered an exceptional performance in 2025, with active customers increasing 12% year on year, following double-digit growth in the prior year. December 2025 delivered a record for monthly deposits, 16% higher year-on-year, which provides strong momentum into 2026. The Group also launched a new revenue stream during the year, delivering its first three new B2B partnerships, providing further avenues to monetise the proprietary technology platform.

Underpinning the performance of both business segments is the Group's technology platform, which has been further enhanced in the period, including adoption of AI tools to drive marketing, traffic and conversion.

Board changes

Having had a key role on the Group's successful IPO, David Perry has informed the Board of his desire to step down so he can undertake his next project. Therefore, the Company is pleased to announce that Simon Hay, who joined the Company as Chief Commercial Officer in November 2025, is joining the Board and assuming the role of CFO from 1 February 2026. Simon has been working closely with David Perry since joining the Company and a comprehensive handover process has been put in place. Given the smooth transition, the Board has agreed that David will step down from the Board on 1 February 2026.

Simon has over 25 years of experience in strategic and commercial finance and advisory roles across the gaming, travel and leisure sectors. Most recently, Simon was CFO at Pawatech Group Limited, the owner of the betPawa brand, providing a sports betting and casino platform solution on a B2B basis to 3rd party operators in Africa.  Prior to this, Simon was Interim CFO and Director of Group Finance at Rank Group PLC, a FTSE350 international gaming, leisure and entertainment group, operating gaming-based entertainment brands including Grosvenor Casinos and Mecca Bingo in the UK.

Mihai Manoila, Chief Executive Officer, commented:

"The Group continued to deliver strong growth throughout FY25, providing further evidence of the highly profitable, technology driven business we have built across two fast-growing markets, UK prize draws and online gaming.

Our successful IPO was a significant milestone for Winvia. We now have the foundations and capability to accelerate our growth strategy, specifically on the UK Prize Draw business where we see significant opportunities, both organic and inorganic, in a fragmented and fast-growing market where we can implement our technology platform.

As we head into a peak trading period, we see a significant opportunity to increase our market share and intend to capitalise on the scale of the opportunities ahead.

We would like to thank David for his work on the IPO and wish him well for his next project. We are delighted to have Simon join the Board as CFO, his considerable experience across public markets and within the gaming sector will be invaluable as we progress our strategy."

Regulatory disclosures

In accordance with Schedule 2(g) of the AIM Rules, Simon John Hay, aged 49, holds or has held in the past 5 years the following directorships and partnerships.

Simon holds no interest in the ordinary share capital of the Company. There is no further information required to be disclosed in respect of the above appointment pursuant to Rule 17 and Schedule 2 (g) of the AIM Rules for Companies.

¹ All figures used in this announcement relating to FY25 remain subject to audit

² The Group believes that the market expectation for the year ending 31 December 2025 is Adjusted EBITDA of £29.1 million

³ FY24 figures in this announcement are pro forma

⁴ Calculated on a pro-forma basis including Click Competitions in both 12-month periods

This announcement contains inside information for the purposes of article 7 of the Market Abuse Regulation (EU) 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018.

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About Winvia Entertainment

Winvia Entertainment plc (AIM: WVIA) is a technology-led entertainment business, focused on two discrete fast-growing channels, being the large and highly fragmented UK Prize Draw market and the regulated Romanian online gaming market. Underpinning both channels is the proprietary Technology Platform, which has a track-record of supporting growth and operational improvement.

Winvia Entertainment is the second largest (by market share) Prize Draw operator in the UK (London Economics report for the Department for Media, Culture and Sport, June 2025) where players play for a range of prizes including cars, luxury watches, holidays, gadgets, properties and other items. The Group currently owns two Prize Draw brands, Best of the Best and recently acquired Click Competitions.

The Group's Romanian Online Gaming business is well established growing, profitable and highly cash generative. The Group operates a multi-brand strategy including own brands, such as Princess Casino, Royal Slots and Luck, a number of white label brands.

The Group's newly built innovative proprietary technology platform is a key strength of the business. It has been built in-house, with significant investment and its application to date has significantly improved key performance metrics.

The Group's near-term growth plans are primarily focused on the highly fragmented, fast-growing UK Prize Draw market in which there are strong organic growth opportunities in addition to a strong pipeline potential acquisitions that can leverage the Technology Platform.