Flexion Mobile: Strong getting stronger
Research Note
2020-07-15
12:30
Flexion Mobile today released a trading update, as revenue grows faster than expected. The rapid growth is according to the company due to the stronger game portfolio and of course a general upswing in the mobile games market. Compared to our previous estimate the initial growth took somewhat longer than expected during 2019 but now our conviction in the growth case going forward is strengthened. We raise our base case.
Tomas Otterbeck
Jonas Amnesten
Disclosures and disclaimers