Professional
Added to YB: 2024-08-23
Pitch date: 2024-08-22
EG7.ST [bullish]
Enad Global 7 AB (publ)
-5%
current return
Author Info
Atai Capital is a long only, concentrated, small-cap value fund. Sign up for the newsletter.
Company Info
Enad Global 7 AB (publ) engages in development, marketing, publishing, and distribution of PC, console, and mobile games in Sweden, rest of Europe, North America, South America, Asia, Africa, and Oceania.
Market Cap
SEK 978.2M
Pitch Price
SEK 14.00
Price Target
N/A
Dividend
N/A
EV/EBITDA
1.67
P/E
-4.14
EV/Sales
0.38
Sector
Entertainment
Category
turnaround
Atai Capital holding: Enad Global 7
EG7.ST: Weak Q due to ToadMan & Daybreak timing. ToadMan restructured for profitability. Daybreak mixed, My Singing Monsters strong. Acquired Singularity 6 (Palia) for $5M+$10M invest. 2025 release. Favorable deal structure. Aliens movie success boosts Cold Iron game prospects. Full-year guidance maintained, depends on Mech Warrior Clans release.
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