Thunderful Group: Q4’21 Review – Large game investments ahead - Redeye

Thunderful delivered a solid q4 report on a group level. Sales came in 7% above our estimates while Adj EBITA was 1% ahead. The distribution unit performed better than expected and in particular Nordic Game Supply. However, Games profitability came in a bit soft due to poor reception from new releases. We revise our forecast and increase sales estimates but reduce profitability in the near term.

Länk till analysen i sin helhet: https://www.redeye.se/research/834214/thunderful-group-q421-review-high-games-investments-ahead?utm_source=finwire&utm_medium=RSS