Games Workshop Stock Market Watch January 2023

Watching stocks over the short-term is often an experiment in futility. On January 11th 2022 we looked back at the state of Games Workshop’s stock and financial health, and today we do the same.

In January 2023, financial markets stabilized for much of the month, recovering from a mostly downward trend at the end of the year. Inflation is starting to be controlled, but it is unclear for how long. This tepid optimism has led most markets around the world to rally. Games Workshop released their Half-Year Report and issued another dividend.

With that, let’s take a look at how the stock performed during the first month of the year.

The generally positive Half-Year Report was met with rising stock prices, followed by the dividend which quickly led some investors to take profits.

The Half-Year Report showed a rise in core revenue but was impacted by a lower-than-expected operating profit number, which was directly affected by a loss in licensing revenue and flat growth in North America. The report also mentions that Brexit has added additional costs that the company has been unable to avoid.

To look out for until the next report in June, there is the possibility of a formal agreement with Amazon regarding TV and movie projects. Until then, Games Workshop needs to continue selling models and license its IP to the right companies in order to maximize profits.

With that, here is the January 2023 investor press release.