EUR 160.00 For Business Accounts Only

Research Comment englisch - Media and Games Invest plc - 07.12.2020

Media and Games Invest plc has a profitable and growing portfolio of companies in the games and digital media sectors. The Group's primary objective is to grow through acquisitions of companies, restructure them and integrate them into a large platform. So far, this strategy has produced various synergies such as cost reductions, leverage and economies of scale. According to the management, only a few competitors, in particular in the gaming sector, are pursuing this strategy, leaving room for acquisitions at a favourable price.
In 2020, the following has already been achieved: 1) the acquisition of the North American mobile data platform Verve Group, 2) an increase in gamigo AG's shareholding from 53% to 99%, 3) the purchase of the programmatic advertising company Plattform 161, 4) a 100% stake in ReachHero and 5) the complete takeover of the Freenet Digital Group with more than 1,500 mobile games. In the current COVID-19 pandemic, video games have once again proven to be crisis-proof and non-cyclical. As consumers have had more
leisure time, the demand for entertainment and thus for video games has increased strongly. In July 2020, the MGI share was included in the Scale Segment (previously: Basic Board) of the German Stock Exchange and on 6 October 2020, a dual listing was carried out on the Nasdaq First North Premier, where many other mid-cap game companies are listed.