Jumpgate
Holding Companies & Conglomerates · Sweden · 11-50 Employees
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Overview
Headquarters
St. Hansgatan 35, Gotland, SwedenWebsite
www.jumpgategames.seRevenue
<$5 MillionIndustry
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Jumpgate News & Media
Gamigo announces FATE: Reawakened for consoles
Gamigo announced FATE: Reawakened for PlayStation, Xbox, and Nintendo Switch on November 15th. See the press release on the following link: https://press.gamigo.com/publisher-gamigo-to-bring-critically-acclaimed-dungeon-crawler-fate-remaster-to-consoles-in-fate-reawakened Jumpgate´s game studio Tableflip Entertainment has been part of the development project for the game through a work for hire agreement with Gamigo. For additional information Harald Riegler CEO, Jumpgate AB Phone: +46 (0)705 -Redeye initiates analysis and coverage of Jumpgate AB with a motivated valuation of 6.50 SEK per share in the base case
Redeye has today published an initial analysis of Jumpgate AB. In the analysis Redeye highlights that Jumpgate presented a positive EBIT in the second quarter 2024 and that a strong business development pipeline has the potential to increase revenue from estimated 74 MSEK in 2024e to 141 MSEK in 2027e. Furthermore it´s underlined that the business model provides a stable foundation, with realistic possibilities of further growth and profitability from successful game releases. In theInterim Report for January 1, 2024 to June 30, 2024
· Net turnover in the period amounted to 34 850 TSEK (14 423 TSEK). Net turnover in the second quarter amounted to 18 450 TSEK (7 540 TSEK). · Earnings before interest and taxes (EBIT) amounted to -6 046 TSEK (-11 526 TSEK). Earnings before interest and taxes (EBIT) in the second quarter amounted to 1 630 TSEK (-6 645 TSEK) · The result after financial items amounted to -12 891 TSEK (-15 562 TSEK).Jumpgate AB advances the announcement date for the interim report for the second quarter
The Board of Jumpgate AB has resolved to advance the announcement date of the interim report for the second quarter to Monday, August 19 at 11.15. The previous date was August 28. The reason for the decision is that it has turned out to be possible to complete the report earlier than expected. For additional information Harald Riegler CEO, Jumpgate AB Phone: +46 (0)705 - 54 73 33 E-mail: harald@jumpgategames.se About the Company Jumpgate AB
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Frequently Asked Questions Regarding Jumpgate
Jumpgate AB is a gaming-focused holding company that develops, produces, and publishes games and digital products across various platforms. The company operates globally and collaborates with strong industry partners, leveraging the expertise of its five subsidiaries, each specializing in different gaming areas. With a focus on measured growth and... Read More