Preview: Media and Games Invest (MGI); hits the 100 million Euro revenue on a 12-month basis and grows in the 2nd quarter with 97 percent compared to the previous year

Media and Games Invest (MGI); hits the 100 million Euro revenue on a 12-month basis and grows in the 2nd quarter with 97 percent compared to the previous year

Deutsche Übersetzung

  • Revenues in Q2 2020 grows by 97% to EUR 30.0 million (Q2 2019: EUR 15.2 million)
  • EBITDA increases by 68% to EUR 6.3 million (Q2 2019: EUR 3.8 million)
  • 12-month revenue climbs to EUR 111.9 million
  • Revenue target for 2020 raised to EUR 115 to EUR 125 million (2019: EUR 83.9 million)
  • EBITDA to rise to EUR 20 to EUR 23 million in 2020 (2019: EUR 15.5 million)

Media and Games Invest (MGI) with positive half-year figures 2020; Increase of revenue forecast 2020; publication of an EBITDA forecast 2020

Media and Games Invest (MGI) with positive half-year figures 2020; Increase of revenue forecast 2020; publication of an EBITDA forecast 2020

Ad hoc news
Media and Games Invest acquires programmatic advertising specialist Platform 161 as well as the remaining minority stake in ReachHero

Media and Games Invest acquires programmatic advertising specialist Platform 161 as well as the remaining minority stake in ReachHero

Media and Games Invest (MGI) moves up into the Scale segment of the German Stock Exchange

Media and Games Invest (MGI) moves up into the Scale segment of the German Stock Exchange

Media and Games Invest (MGI) impressively continues growth dynamics in 2019 and in the 1st quarter of 2020

Media and Games Invest (MGI) impressively continues growth dynamics in 2019 and in the 1st quarter of 2020

Media and Games Invest: Comprehensive MGI data evaluation: Run on online games during COVID-19 - Digital closeness important

Media and Games Invest: Comprehensive MGI data evaluation: Run on online games during COVID-19 - Digital closeness important

Media and Games Invest plc: Acquisition of gamigo AG successfully completed

Media and Games Invest plc: Acquisition of gamigo AG successfully completed

Media and Games Invest: gamigo AG reports boost in revenue and profit

Media and Games Invest: gamigo AG reports boost in revenue and profit

Media and Games Invest plc: gamigo shows significant increase in player activity and new registrations

Media and Games Invest plc: gamigo shows significant increase in player activity and new registrations

Remco Westermann: "We have a strong operating cash flow and free liquidity that we can use to finance additional acquisitions and organic growth."

Remco Westermann: "We have a strong operating cash flow and free liquidity that we can use to finance additional acquisitions and organic growth."

Media and Games Invest plc: Bond volume increased to 20 million euros

Media and Games Invest plc: Bond volume increased to 20 million euros

Media and Games Invest plc: Well prepared for the crisis; operating gaming business in strong position to cope with high player numbers

Media and Games Invest plc: Well prepared for the crisis; operating gaming business in strong position to cope with high player numbers

Media and Games Invest: Subsidiary gamigo AG shows strong revenue growth of 30% in 2019 while operating cash flow increases by 56% to EUR 16 million

Media and Games Invest: Subsidiary gamigo AG shows strong revenue growth of 30% in 2019 while operating cash flow increases by 56% to EUR 16 million

About Media and Games Invest

Media and Games Invest plc, MGI, is a fast and profitable growing company in the digital media and games sectors. The company combines organic growth with value-generating synergetic acquisitions, demonstrating continues strong profitable growth. In the past 6 years, the MGI Group has successfully acquired more than 30 companies and assets. The acquired assets and companies are consequently integrated, and amongst others cloud technologies are implemented to generate efficiency improvements and competitive advantages. Media and Games Invest is listed on the Frankfurt Stock Exchange and on XETRA.

Media and Games Invest
St. Christopher Street 168
Valetta VLT 1467
Malta