Enad Global 7 AB (OSTO:EG7)
kr 14.06 -0.12 (-0.85%) Market Cap: 1.25 Bil Enterprise Value: 1.01 Bil PE Ratio: 29.55 PB Ratio: 0.31 GF Score: 87/100

Enad Global 7 AB (publ) Capital Markets Day Transcript

Sep 20, 2023 / 07:30AM GMT
Release Date Price: kr22.85 (+19.51%)
Ji Ham;publ;Director;Acting CEO
Enad Global 7 AB

()-&

So we'll come back to this one. So here's the Cold Iron transaction. So we'll start with the introduction of Cold Iron Studio and then the product itself. So Cold Iron based in San Jose, California, they're known for releasing a game called Aliens: Fireteam Elite. That game came out in 2021 and then ended up selling around 2 million units in less than 2 years.

In terms of the studio itself, it was previously owned by Daybreak prior to its sale to EG7. So along with the transaction, selling EG7, we ended up having to spin it off as the prior management team did not want to buy it. So existing shareholders at the time of Daybreak, Jason Epstein as well as myself ended up retaining ownership. But with that said, the new product that they're making, we can't disclose what the IP is, one other major IP. But I will say that people could connect the dots pretty easily based on what the first game was and what the second game could be. But the idea is the same multiplayer third-person shooter set in

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot