Winvia Entertainment – having topped out at 284p, these shares are back to 245p and are certainly not to be missed

Mark Watson-Mitchell - 25.06.2026

‘Built to Win, Wired for Wonder’

Just over five weeks ago, on Monday, 18th May, I featured the shares of Winvia Entertainment (LON:WVIA), then at 225p, since when they peaked at 284p at the start of this month – a useful 26% two-week gain.

The shares of this technology-driven entertainment company operating in the prize draw, skill games, and online gaming markets have since eased back to 245p, at which the group is capitalised at £257m.

In my first profile I noted that “This really is one to watch” and my opinion has subsequently strengthened.

Tomorrow, Friday, 26^th June, Teddy Sagi’s group will be holding its AGM in the City, and I look for a positive current year Trading Update to be announced.

The Business

Winvia Entertainment is focused on two discrete fast-growing channels, being the large and highly fragmented Prize Draw Competition market in the UK, and Online Gaming in the regulated Romanian market. 

Underpinning both channels is the proprietary technology platform, which has a track-record of supporting growth and operational improvement.

It is the second largest prize draw operator in the UK 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 Click Competitions.

Its Online Gaming business is well established, growing, profitable and highly cash generative and it operates a multi-brand strategy including own brands, such as Princess Casino, Royal Slots and Luck, a number of white label brands and several B2B partnerships.

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

The near-term growth plans are primarily focused on the highly fragmented, fast-growing Prize Draw Competitions market in which there are strong organic growth opportunities in addition to a strong pipeline of potential acquisitions that can leverage the technology platform.

Management Comment

In the recently published 2025 Report & Accounts, the Non-Executive Chair, Joanne Bucci, stated that:

“I am pleased to present Winvia's first set of results since admission to trading on AIM in November 2025.

The Board is delighted with the Group’s performance, which demonstrates the strength of our business model and the progress we have made in executing our strategic plan.

During the year, Winvia successfully completed an oversubscribed AIM IPO, raising £40 million of gross proceeds, which provides a strong capital foundation to support both organic growth and strategic acquisitions in the UK prize draw market.

This was an important milestone in the Group’s development and reflects strong investor confidence in our technology led entertainment platform and growth prospects.

The Directors are pleased to report strong revenue and adjusted EBITDA growth, with adjusted EBITDA in line with the recently upgraded market expectations, underscoring the profitability and scalability of our operations.

We have delivered robust operating cash flow and finished the year with a healthy net cash position, providing financial flexibility as we continue to invest in long-term value creation.

The Group has had a strong start to 2026, highlighting its resilience in uncertain macroeconomic times.

Looking ahead, the Board remains confident in the Group’s ability to build on this solid foundation and to deliver sustainable growth across both our core segments - Prize Draw Competitions and Online Gaming.”

Outlook

CEO Mihai Manoilă has stated that:

“Trading in the first quarter of 2026 has continued to be strong and the Group is firmly on track to meet the Board’s full year expectations, with net revenue as at 31 March 2026 ahead of the same period last year.

Additionally, monthly recurring revenues from subscriptions is continuing to accelerate, and as of 31 March 2026, now contribute in excess of 20% of monthly revenue, ahead of plan.

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.

The Board remains confident in Winvia’s ability to deliver sustainable growth, supported by its scalable technology platform, strong cash generation and strong pipeline of opportunities within a fragmented UK prize draw market.”

The Equity

There are some 105.12m shares in issue. 

The group’s largest holder is Teddy Sagi, with 69.50% of the equity (check him out). 

The next largest is Chranel Limited with 7.87% – this company is 52% controlled by Winvia CEO Mihai Manoilă and 48% by the group’s Chief Business Development Officer Odeta-Cristinela Nestor. 

Another larger holder is YD More Investments Ltd with 3.29% of the equity. 

Chief Operating Officer Tsahi Shmuel controls Rems Holdings Ltd, with 2.91%. 

Guy Balterisky, the Chief Technology Officer, controls Yaya Global Tech Limited, with 2.91%. 

Broker’s View 

Analyst Greg Johnson, at Shore Capital Markets, has set out a ‘fair value’ of 400p per share taking a two-year view.

His estimates for the current year to end-December are for revenues of £209.1m (£170.3m), with adjusted pre-tax profits of £31.3m (£23.9m), generating earnings of 22.9p (21.2p) and paying out a more than doubled dividend of 12.3p (5.9p) per share. 

For the 2027 year, he sees £234.7m revenues, £38.8m profits, 28.5p earnings and a dividend of 15.1p per share. 

My View

Teddy Sagi is a keen player, and history tells us that he needs to be followed, especially if you want to make money as he does.

This company is a major player in an ever-growing market, I see its shares, now 245p, easily breaking above the 300p barrier very soon, at which level they would still be cheaply priced based upon analyst estimates.

Having rapidly achieved my previous Target Price of 270p, they hit 284p, I now set a new 300p Target Price.

(Profile 18.05.26 @ 225p set a Target Price of 270p*) 

(Profile 25.06.26 @ 245p set a Target Price of 300p) 

Check out Teddy Sagi - he is a winner!