VSTECHNOLOGY LIMITED

Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +182.3%

  £9,940,608 → £28,066,443

• Cash

  -88.6%

  £964,417 → £110,138

• Net assets

  -11.4%

  £51,539,982 → £45,671,832

• Employees

  —

  Not reported

• Operating profit

  +244%

  £394,704 → £1,357,586

• Profit before tax

  +57.3%

  -£14,141,064 → -£6,035,486

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements are prepared on a going concern basis. The Company has reported total comprehensive loss of $7.9 million for the year to 31 December 2024 (2023: total comprehensive loss of $19.0 million)...The Company has received confirmation from its parent undertaking, Playtech Plc, that it will continue to provide the necessary financial support to enable the Company to meet its liabilities as they fall due and will not demand repayment of the balances due to it for a period of not less than 12 months from the date of signing these financial statements.”

Group structure

1. VSTECHNOLOGY LIMITED · parent
   1. Playtech Sao Paulo Ltd 100% · Sao Paulo · Live Business

Significant events

• “As per Note 15 the loan facility to Playtech Sao Paolo Ltd increased to $15.0 million in September 2025. Additional drawdowns were made post year end amounting to $7.6 million.”
• “The following amounts were also loaned by the Company post year end: $0.9 million to Tenbet; $1.2 million to Tenlot El Salvador; and $21.4 million to Galera.”
• “On 21 October 2025, Evolution AB publicly identified Playtech Software Limited (a fellow subsidiary of the Company's ultimate parent company, Playtech Plc) as the commissioning party behind a 2021 report prepared by Black Cube, which is the subject of ongoing legal proceedings in the United States. Evolution has neither instituted legal proceedings against nor served Playtech Software Limited, and Playtech Software Limited disputes all allegations. At present there is no indication as to the impact, if any, on Playtech Software Limited and the wider Playtech Group, including VSTechnology Limited.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.