Jumpgate: Jumping into profitability
Coverage Initiation
2024-11-05
07:30
Redeye initiates coverage of Jumpgate, a gaming company focused on PC and Console. The company has established a solid foundation through its acquisition of a work-for-hire studio in 2023. The company reached a positive EBIT in Q2 this year, and we forecast a profitable journey from here on, boosted by self-developed games based on popular IPs such as Star Trek.
John Westborg
Hjalmar Ahlberg
Disclosures and disclaimers