Report
Maria Mickiewicz

WOOD Flash – Ten Square Games: Investor Day takeaways

Yesterday (30 November), Ten Square Games (TEN) organised an Investor Day in Wroclaw, which we participated in. TEN was represented by the management team, all the key titles’ leads (including Rortos and Gamesture representatives), as well as the R&D department and Customer Service directors. The key focus of the event was on the product; we were provided with a number of details on TEN’s core existing titles (Fishing Clash and Hunting Clash), the Rortos portfolio (including the recently globally launched promising new title, Wings of Heroes), and the Gamesture products (TEN holds a 40% stake in the company). We also got the chance to learn more details about Undead Clash and play the game (it has been soft launched in the US already), although no guidance on the potential global launch date was revealed. There has been no detailed discussion on another new title in the pipeline, Fishing Masters. All-in-all, the event did not deliver any breaking news, although our impression is that it presented the TEN team’s conviction in both the core existing product and the new titles (Wings of Heroes and Undead Clash), as well as the overall growth potential.
Underlying
Ten Square Games

Ten Square Games SA is a Poland-based mobile games development company. The Company is focused on 3D simulation hobby games for people who seek outdoor experiences on their mobile devices, like fishing or hunting games. Its games are available on social platforms, a network of partner sites, as well as on Google Play, App Store and Microsoft Store.

Provider
Wood and Company
Wood and Company

WOOD & Company is the leading investment bank in Emerging Europe. Founded in 1991 and head-quartered in Prague, our footprint spans the region and touches investors around the globe.

A pioneer in Emerging Europe, WOOD executed many of the first CEE equity trades and landmark investment banking transactions. Our electronic trading platform was the first in the region, and remains the best. We are continually expanding our relevance and reach in these ever-evolving markets.

Our equity market share reflects our stature: 7% in Warsaw, 20% in Bucharest, 16% in Hungary, 40% in Prague and 5% in Vienna. Our distribution is unparalleled, with the largest salesforce in the region, servicing a uniquely diverse investor base.

We couple local expertise with a truly international perspective. With offices on the ground in the region, and in key financial hubs such as London and Milano, we are never far from our clients and we remain at the forefront of what’s afoot in the CEE emerging and frontier landscape.

Analysts
Maria Mickiewicz

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