Redeye: Media and Games Invest – Gained market shares
Redeye updates its view on Media and Games Invest (MGI) following its Q3 2023 report, showing stronger sales and profitability than expected, even when excluding the positive effects of releasing earnouts during the quarter. We make limited estimate revisions post the report but reduce our valuation range based on increasing our risk-free rate, which implies a higher WACC.
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This is a press release from Redeye - Research Powered Investment Banking. www.redeye.se/