MEDIA AND GAMES INVEST SE

(M8G)
  Report
Real-time Estimate Tradegate  -  05/16 11:36:37 am EDT
3.116 EUR   +0.19%
09:52aMEDIA AND GAMES INVEST SE : Tapping Into an Additional Innovative Growth Opportunity by Proving Successful Reactivation of Games Audiences Through Connected TV
EQ
05/05Media and Games Invest SE completed it's acquisition of AxesInMotion S.L.
CI
04/29Media and Games Invest SE publishes Annual Report 2021 including Sustainability and Governance Report
EQ
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Media and Games Invest SE: announcing game portfolio addition ‘Fractured Online', a new promising open-world Sandbox Fantasy MMORPG

12/20/2021 | 04:20am EDT

Fractured Online is gamigo's first truly dynamic, isometric open-world MMORPG. The sandbox game focuses heavily on giving players the freedom to be who they want - through its unique character progression system - and shape the world the way they want. This can be done figuratively via the game's player-driven economy or literally by building cities across three worlds within multiple continents. In a world where demons naturally prey on all beings, Fractured Online is a game that can either bring players together, or tear them apart.

"We wanted to offer something that was more powerful and flexible than the conventional RPG level and skills progression system," says Jacopo Gallelli, Co-Founder and CEO at Dynamight Studios. "In Fractured Online, we're putting credence to the idiom 'knowledge is power' by introducing the Knowledge System. Our system rewards players that are courageous and clever, not for the hours they've spent hunting rats in a basement for some random farmers."

MGI already announced the licensing deal behind Fractured Online at its Capital Markets Day in August 2021 without revealing the name of the game and the name of the studio behind the game. This approach has been chosen to be able to run a well-orchestrated marketing campaign starting with a teaser campaign, in which details about the game were announced bit by bit over the past weeks, until the official announcement which included revealing the name of the game, last week. Based on this approach gamigo has been able to attract a substantial interest of the community which is important for a successful launch of the game.

The launch of Fractured is planned for H2 2022. Gamigo has formed a substantial dedicated team of experts to prepare the launch of the game. At and after launch, it is also planned to leverage gamigo's extensive experience in community management and the operation of MMO games as well as Verve Groups strong expertise in user acquisition.

Jens Knauber, CEO gamigo and COO MGI: "We have been following Dynamight Studios and their great work on Fractured for quite some time and are looking forward to the upcoming cooperation. We are delighted and are having high expectations with regards to Fractured; the game is unique and very special and a great addition to our portfolio. As planned, we are, next to increasing the number of updates in our current portfolio, also steadily increasing the number of games launches. In total, gamigo has licensed 4 new game titles in 2021. In 2022, we expect to further increase the number of new licenses and launches."

Responsible parties

The information in this release has been made public through the agency of the responsible persons set out below for publication at the time stated by MGI's news distributor EQS Newswire at the publication of this release. The responsible persons below may be contacted for further information.

For further information, please contact:

Sören Barz
Head of Investor Relations
+49 170 376 9571
soeren.barz@mgi-se.com, investor@mgi-se.com
www.mgi-se.com

Jenny Rosberg, ROPA, IR contact Stockholm
+46707472741
Jenny.rosberg@ropa.se

Axel Mühlhaus / Dr. Sönke Knop, edicto GmbH, IR contact Frankfurt
+49 69 9055 05 51
mgi@edicto.de

About Media and Games Invest SE

Media and Games Invest SE is an integrated digital games and media company with main operational presence in Europe and North America. The company combines organic growth with value-generating synergetic acquisitions, demonstrating continuous strong, profitable growth with a revenue CAGR of 78% (2018 - LTM Q3'21). Next to its strong organic growth, the MGI Group has successfully acquired more than 35 companies and assets in the past 6 years. The acquired assets and companies are integrated and amongst others cloud technology is actively used to achieve efficiency gains and competitive advantages. The Company's shares are listed on Nasdaq First North Premier Growth Market in Stockholm and in the Scale segment of the Frankfurt Stock Exchange. The Company has a secured bond that is listed on Nasdaq Stockholm and on the Frankfurt Stock Exchange Open Market.

The Company's certified advisor on Nasdaq First North Premier Growth Market is FNCA Sweden AB; info@fnca.se, +46-8-528 00 399.

Disclaimer

Media and Games Invest SE published this content on 20 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 December 2021 09:19:03 UTC.


ę Publicnow 2021
All news about MEDIA AND GAMES INVEST SE
09:52aMEDIA AND GAMES INVEST SE : Tapping Into an Additional Innovative Growth Opportunity by Pr..
EQ
05/05Media and Games Invest SE completed it's acquisition of AxesInMotion S.L.
CI
04/29Media and Games Invest SE publishes Annual Report 2021 including Sustainability and Gov..
EQ
04/29TRANSCRIPT : Axesinmotion S.L., Media and Games Invest SE - M&A Call
CI
04/29Media and Games Amasses $31 Million Via Directed Share Issue
MT
04/28MEDIA AND GAMES INVEST : successfully completes a directed issue of 9,569,378 new shares r..
PU
04/28Media and Games Invest successfully completes a directed issue of 9,569,378 new shares ..
EQ
04/28MEDIA AND GAMES INVEST : MGI - AxesInMotion Acquisition April 2022
PU
04/28Media and Games Invest announces intention to carry out a directed share issue
EQ
04/28Media and Games Invest acquires the mobile games developer AxesInMotion further strengt..
EQ
More news
Analyst Recommendations on MEDIA AND GAMES INVEST SE
More recommendations
Financials
Sales 2022 307 M 320 M 320 M
Net income 2022 25,8 M 26,9 M 26,9 M
Net Debt 2022 215 M 224 M 224 M
P/E ratio 2022 18,5x
Yield 2022 -
Capitalization 495 M 516 M 516 M
EV / Sales 2022 2,32x
EV / Sales 2023 1,90x
Nbr of Employees 800
Free-Float 68,8%
Chart MEDIA AND GAMES INVEST SE
Duration : Period :
Media and Games Invest SE Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends MEDIA AND GAMES INVEST SE
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 7
Last Close Price 3,11 €
Average target price 7,43 €
Spread / Average Target 139%
EPS Revisions
Managers and Directors
Remco Westermann Executive Chairman & Group Chief Executive Officer
Paul Echt Group Chief Financial Officer
Jens Knauber Group Chief Operating Officer
Jens-Christian Fritz Group Chief Investment Officer
Sonja Lilienthal Chief Investment Officer
Sector and Competitors
1st jan.Capi. (M$)
MEDIA AND GAMES INVEST SE-27.67%516
MICROSOFT CORPORATION-22.36%1 952 925
DASSAULT SYSTÈMES SE-27.16%51 985
ATLASSIAN CORPORATION PLC-50.46%48 022
SYNOPSYS INC.-25.10%42 254
SEA LIMITED-66.30%42 204