G5 Entertainment: The Transformation is Uplifting
Research Update
2020-05-08
07:30
Redeye believes the most important thing for the investment case in G5 is the current transformation in the game portfolio. Own games will soon generate half of total revenue (currently 45%). Increased diversification not only lowers the overall risk, but it also will continue to increase gross margins. As expected, management has succeeded in its strategy and we have increased our base case valuation.
TO
KL
Tomas Otterbeck
Kristoffer Lindström
Disclosures and disclaimers