If you’d invested in: Keywords Studios and RM2 International
Dublin-based Keywords Studios provides localisation services for the video gaming industry. This year the shares have soared.
Dublin-based Keywords Studios (Aim: KWS) provides localisation services for the video gaming industry translating and adapting games so they can be sold around the world. The firm was founded in 1998 and floated on Aim in 2013.
The latest full-year results showed a 57% rise in pre-tax profits, and it reported an "excellent" first half, with revenues ahead of expectations. It is expanding rapidly, making four acquisitions this year. The shares have risen by 130% in the last 12 months.
Be glad you didn't buy...
RM2 International (Aim: RM2)
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The company issued a profit warning last September, which drove the share price down. The latest annual report showed revenue of $8m in 2015 up from $2m the previous year but an operating loss of $57.2m. The share price has fallen by more than 60% in the last year.
Ben studied modern languages at London University's Queen Mary College. After dabbling unhappily in local government finance for a while, he went to work for The Scotsman newspaper in Edinburgh. The launch of the paper's website, scotsman.com, in the early years of the dotcom craze, saw Ben move online to manage the Business and Motors channels before becoming deputy editor with responsibility for all aspects of online production for The Scotsman, Scotland on Sunday and the Edinburgh Evening News websites, along with the papers' Edinburgh Festivals website.
Ben joined MoneyWeek as website editor in 2008, just as the Great Financial Crisis was brewing. He has written extensively for the website and magazine, with a particular emphasis on alternative finance and fintech, including blockchain and bitcoin. As an early adopter of bitcoin, Ben bought when the price was under $200, but went on to spend it all on foolish fripperies.
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