Stillfront: Casual is the new King
Research Note
2020-08-13
07:30
Stillfront delivered as expected a strong quarter. However, as we wrote before the stock market opened the Stillfront-stock was punished due to a result in-line with estimates. The stock is still up approximately 20% since the trading update for April and May to set things more into perspective. We expect that the product area “Casual Mash-Up” will be the growth driver in the upcoming quarters with games from Storm8 as the brightest star. We raise our valuation somewhat.
TO
JA
Tomas Otterbeck
Jonas Amnesten
Disclosures and disclaimers