Enad Global 7
EG7: Estimate changes and game pipeline comments (Redeye)

2020-06-24 07:30
As Redeye communicated after the Q1-report, we have lowered our estimates for Q2 due to some delayed game releases. We have also lowered our full-year estimate for 2020. The reason for this is that the major game "EvilVEvil" will have a free-to-play business model. Successful free-to-play games normally have a longer life cycle but less revenue during the initial months in comparison to “premium games”. No changes have been made in Redeye's fair value range or base-case valuation.

info@redeye.se (Redeye.se)
Redeye AB - Redeye.se

Enad Global 7 - I dag

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