Keywords Studios (GB:KWS) has released an update.
Keywords Studios, a major service provider to the video game and entertainment industries, is transitioning its financial reporting currency from the euro to the US dollar to better reflect its revenue streams, which are now predominantly in US dollars. This change aims to offer investors and stakeholders more transparent performance insights and minimize foreign exchange volatility. The switch to the US dollar will take effect from January 1, 2024, with the first financial statements in the new currency to be reported for the half-year ending June 30, 2024.
For further insights into GB:KWS stock, check out TipRanks’ Stock Analysis page.
