G5 Entertainment: Broadening its Portfolio
Research Update
2020-02-20
07:30
Redeye leaves its valuation range and estimates roughly unchanged following broadly in-line Q4’19 results. We expect the monetization metrics of rising star “Jewels of Rome” to be in good shape due to high monthly growth in the game following major User Acquisition investments, whereas the company confirms that pipeline investments may continue to compromise margins in 2020.
TO
KL
Tomas Otterbeck
Kristoffer Lindström
Disclosures and disclaimers