ICI ~$40m market cap- New game called Masketeers released, last...

  1. 488 Posts.
    lightbulb Created with Sketch. 10
    ICI

    ~$40m market cap
    - New game called Masketeers released, last reported first days of revenue of $265k, extrapolate it to around ~$1m/month but obviously sales will decline after the first month so can't annualise it. However quite solid.
    - Has another game called Kingdomtopia which had $51k revenue after 20 days of launch.
    - Signed an agreement with 9Games (Alibaba) to release 6 games so could be a potential company maker considering the size of the Chinese mobile gaming market.
    - New esports league called ESPL being launched next month across 12 countries (espl.gg)

    All in all, new games generating significant revenue combined with potential Chinese market hits and it's new esports league gives it pretty good new flows and potential.

 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.