Stillfront: Evaluates closing Bangladeshi operations - Redeye

Redeye comments on Stillfront’s announcement that it is evaluating closing down its subsidiary Ulka Games in Bangladesh on the back of authorities taking restrictive actions on online gaming activities. The operations represent a small part of Stillfront’s at around 1% of revenue and 2% of EBITDA as such we expect limited on our estimates and valuation.

Länk till analysen i sin helhet: https://www.redeye.se/research/861157/stillfront-evaluates-closing-bangladeshi-operations?utm_source=finwire&utm_medium=RSS