(1)
Nexters is a top-5 independent game developer in Europe
1 that builds mobile, web and social games loved by millions of players globally. Its flagship product, Hero Wars RPG, was downloaded 36 million times in 2020 on iOS and Android alone, scoring a 4.5/5 average rating among users.
Nexters generated $318 million in Net Bookings and $120 million in Free Cash Flow to Equity in 2020; the expected continued growth of Hero Wars and new mobile game titles launching in 2021 are projected to drive Net Bookings to $562 million in 2023, after platform fees.
The Transaction values Nexters at an enterprise value of $1.9 billion, and is expected to deliver up to $150 million in additional cash to the Company to support its transformation into a leading consolidation platform in the European mobile gaming space.
OAREX Locks In $50M Bank Debt for Future Digital Payouts
News provided by
Share this article
CLEVELAND, Feb. 1, 2021 /PRNewswire/ On December 14
th, OAREX closed a $50M line of credit with East West Bank, an FDIC insured institution. This new capital brings OAREX s total line of credit to $100M, with the other $50M secured from Arena Investors of New York in July, 2019.
$100M to Buy Future Digital Payouts
OAREX will use the funds to continue to buy future digital payouts from online businesses. Access to liquidity for a rapidly growing online business is necessary to sustain growth, because their models are capital intensive.
Wynn Resorts Named To FORTUNE Magazine s 2021 World s Most Admired Companies List
Company Ranks Top Five For Hotels, Casino And Resort Category, Plus Top Marks For Quality Of Product/Services
News provided by
Share this article
LAS VEGAS, Feb. 1, 2021 /PRNewswire/ Wynn Resorts (Nasdaq: WYNN) today was again honored on
FORTUNE Magazine s 2021 World s Most Admired Companies list in the hotel, casino and resort category. Wynn Resorts improved upon previous ratings to secure a place in the top five international hotel companies. Wynn also claimed first overall in the group for Quality of Products/Services and received additional high marks for Innovation.
MidWestOne Financial Group, Inc Reports Financial Results for the Fourth Quarter and Full Year of 2020 padovanews.it - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from padovanews.it Daily Mail and Mail on Sunday newspapers.