I don’t have strong opinion about EG7 even though I have from time to time looked through their earnings materials. I think I was many years ago looking it a little bit more in detail when the company was still named Toadman Interactive.
I also noticed Alta Fox’s statement about the company and only in light of the current consensus estimates, it is easy to say that the valuation looks pretty low. Numbers below are from Capital IQ.
Because I have not done any deep dive into the company, I don’t know how realistic those estimates are. I also haven’t played any games of EG7 so I don’t have any opinion about the quality of the games portfolio. It seems that My Singing Monsters has performed really well in the past couple of quarters, but it is interesting to see, what will be the new run-rate for the game after the dust settles.
The lates earnings presentation can be found from here: