30.06.2021 Media and Games Invest SE  MT0000580101

DGAP-Adhoc: Media and Games Invest publishes guidance FY2021: YoY revenue growth of up to 71% and EBITDA growth of up to 123%, well above its mid-term financial targets due to strong organic growth in H1 2021


 

DGAP-Ad-hoc: Media and Games Invest SE / Key word(s): Forecast
Media and Games Invest publishes guidance FY2021: YoY revenue growth of up to 71% and EBITDA growth of up to 123%, well above its mid-term financial targets due to strong organic growth in H1 2021

30-Jun-2021 / 12:22 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Media and Games Invest publishes guidance FY2021: YoY revenue growth of up to 71% and EBITDA growth of up to 123%, well above its mid-term financial targets due to strong organic growth in H1 2021

Wednesday, June 30, 2021 - Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014

  • Revenue1 Guidance FY2021: EUR 220m - 240m, corresponding to a revenue growth of up to 71% YoY (mid-term-target: 25-30% p.a.)
     
  • Adj. EBITDA1 Guidance FY 2021: EUR 60m - 65m, corresponding to an EBITDA growth of up to 123% YoY (mid-term-target based on EBITDA margin improvement plus revenue growth: 66-72% YoY2)
     
  • The outperformance of the mid-term financial targets during 2021 is largely based on the strong organic growth of more than 30% in H1 20213
     
  • Guidance does not include any further M&A transactions which gives additional upside for H2 2021

June 30, 2021 - Media and Games Invest SE ("MGI" or the "Company", ISIN: MT0000580101; Ticker M8G; Nasdaq First North Premier Growth Market and Scale Segment Frankfurt Stock Exchange) publishes its guidance for the financial year 2021. For 2021 MGI expects to exceed its medium-term growth target of 25-30% revenue growth per year - aiming now for more than the double growth pace in 2021 than initially anticipated. This is also resulting in an expected boost of EBITDA for 2021 - aiming to an even higher pace than revenue-growth.

The 2021 guidance is based on acquisitions as well as the strong organic growth of more than 30%3 in the first half of 2021. The organic growth is fostered by the strongest organic growth pipeline in the company's history, as already announced on April 28, 2021. Various game launches, platform expansions and DLC's were executed in the Games segment ("gamigo"). gamigo launched for example Trove in South Korea, Trove on Nintendo Switch and released the closed beta of Skydome. Further organic projects were also realized in the Media segment ("Verve"). Verve launched its operations in Japan and Brazil, thereby establishing strong teams on the ground. In addition, numerous new partnerships were concluded with publishers and advertisers from the games sector, while Verve also launched the unique on-device anonymized ad personalization solution ATOM, a promising product for efficient user acquisition in an IDFA-less world.

The guidance does not take into account further upcoming acquisitions of M&A targets for 2021. It does also explicitly not include the possible acquisition of Smaato that was announced on June 21, 2021.

Note (1) Revenue and adj. EBITDA as defined in the FY 2020 report (2) Based on 27.5% adj. EBITDA-margin (the middle range of the 25-30% adj. EBITDA-margin target) in combination with 25-30% revenues growth YoY taking FY2020 financials as calculation basis (3) Based on preliminary forecasted H1 2021 revenues

Responsible parties

This information is such information Media and Games Invest SE is obliged to make public in accordance with the (EU) Market Abuse Regulation 596/2014. 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:

Remco Westermann
Chairman of the Board and CEO
[email protected]

Sören Barz
Head of Investor Relations
+49 170 376 9571
[email protected], [email protected]
www.mgi-se.com

Jenny Rosberg, ROPA, IR contact Stockholm
+46707472741
[email protected]

Axel Mühlhaus / Dr. Sönke Knop, edicto GmbH, IR contact Frankfurt
+49 69 9055 05 51
[email protected]

About Media and Games Invest SE

Media and Games Invest SE is a digital integrated games and media company with main operational presence in EMEA and North America. The company combines organic growth with value-generating synergetic acquisitions, demonstrating continuous strong, profitable growth with a revenue CAGR of 45% over the last 6 years. Next to strong organic growth, the MGI Group has successfully acquired more than 30 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 as well as an unsecured bond listed on the Frankfurt Stock Exchange Open Market.

The Company's certified advisor on Nasdaq First North Premier Growth Market is FNCA Sweden AB; [email protected], +46-8-528 00 399.


30-Jun-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: Media and Games Invest SE
St. Christopher Street 168
VLT 1467 Valletta
Malta
Phone: +356 21 22 7553
Fax: +356 21 22 7667
E-mail: [email protected]
Internet: www.mgi.group
ISIN: MT0000580101
WKN: A1JGT0
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Munich, Stuttgart, Tradegate Exchange; FNSE
EQS News ID: 1213782

 
End of Announcement DGAP News Service

1213782  30-Jun-2021 CET/CEST

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Die wichtigsten Finanzdaten auf einen Blick
  2016 2017 2018 2019 2020 2021 2022e
Umsatzerlöse1 0,62 0,79 32,62 83,89 140,22 252,17 311,00
EBITDA1,2 -0,87 -4,49 8,65 15,54 26,55 65,04 85,00
EBITDA-Marge3 -140,32 -568,35 26,52 18,52 18,93 25,79 27,33
EBIT1,4 -0,91 -4,86 2,33 5,00 11,04 36,80 53,00
EBIT-Marge5 -146,77 -615,19 7,14 5,96 7,87 14,59 17,04
Jahresüberschuss1 2,38 -6,20 1,58 1,25 2,71 16,06 24,50
Netto-Marge6 383,87 -784,81 4,84 1,49 1,93 6,37 7,88
Cashflow1,7 -28,63 -7,51 4,93 16,20 25,20 64,84 42,00
Ergebnis je Aktie8 0,09 -0,14 0,09 -0,01 0,03 0,11 0,15
Dividende8 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2021 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: RSM

INVESTOR-INFORMATIONEN
©boersengefluester.de
Media and Games Invest
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A1JGT0 2,650 Kaufen 422,01
KGV 2023e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
11,52 28,38 0,40 37,86
KBV KCV KUV EV/EBITDA
1,37 6,51 1,67 11,03
Dividende '20 in € Dividende '21e in € Div.-Rendite '21e
in %
Hauptversammlung
0,00 0,00 0,00 15.09.2022
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
31.05.2022 31.08.2022 30.11.2022 29.04.2022
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-0,60% -25,67% -38,37% -52,89%
    
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Medien (Verlag/TV) , A1JGT0 , BCK , XETR:M8G