Gfinity prepares for strong year despite falling stock price

According to people who actually keep track of this sort of thing Gfinity’s stock prices have fallen this morning as the company announced they would not hit their expected revenue for the year due to contract delays.

However the more interesting side of this story is the four page document that Gfinity sent us that shows off some of their success over the last year and hints at some exciting upcoming announcements.

Around a year ago the Gfinity Arena opened becoming the first world-class purpose-built eSports auditorium, with permanent full production capability and is the only European studio that can stream directly to xbox.com.

The arena has seen some incredible action over the last 12 months, including the UK’s first touchscreen tournament in the form of the Vainglory Winter Finals, the first ever eSports driving race event in conjunction with Formula E, which was broadcast on BTSport and some of the biggest European eSports events across many of the top games in the form of the 2015 Gfinity Championships.

While we are still waiting on announcements of what we can expect to see throughout the rest of the year we do know that both The Play Like a Legend 2 Season 2 finals and the CEVO Gfinity CS:GO Pro-League Season 9 final will be taking place in the coming weeks. More info and tickets for these events can be found on the Gfinity website.

Elsewhere in news that I either totally missed or that has only just been announced, a Gfinity app is coming to Xbox One that enables users to easily create and manage their own league, ladders and cup competitions.

Neville Upton CEO of Gfinity had this to say.

“We have spent over £1m to develop an eSports platform and ecosystem that both offers something for every eSports fan in the world – whether they want to play or watch, whether they are a PC or console user, and whether they are in the UK or anywhere else in the world. Having spent the last 6 months developing what are truly game-changing assets, we are now so excited about the future and we wanted to take this opportunity to thank everyone who has been associated with and supported us.”

Image by Joe Brady