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Research study (Anno) englisch - Media and Games Invest SE - 15.06.21

Media and Games Invest SE is a profitable and growing company in the games and digital media sectors. In addition to an increasing focus on organic growth, strategic acquisitions of companies and their consistent integration into the Group form an important cornerstone in MGI's growth strategy. So far, this strategy has produced various synergies such as cost reductions, leverage and economies of scale. According to management, this strategy is followed by only a few competitors, especially in the games sector, leaving room for acquisitions at a favourable price. In 2021, the following has already been achieved: 1) Acquisition of the well-known US game developer KingsIsle Entertainment Inc., which is the largest acquisition to date with an additional pro forma EBITDA of around 60.0% 2) The acquisition of the North American connected TV platform LKQD, which has a reach of more than 200 million end customers, and the data targeting SaaS platform Beemray. In the current COVID-19 pandemic, video games have once again proven to be crisis-proof and non-cyclical, while the media
market has suffered, especially in the second quarter of 2020, but will return to double-digit growth in 2021, according to analyst estimates. As consumers have had more free time, demand for entertainment and, therefore, video games, has soared. Since July 2020, MGI shares have been listed on the Scale segment (previously: Basic Board) of Deutsche Börse and since 6 October 2020, they have had a dual listing on Nasdaq First North Premier.