Media: Devolver Digital on the stock exchange rated at almost $ 1 billion – Sony became interested in the company’s shares

November 4 Indie publication Devolver Digital It began to trade their shares on the London Stock Exchange, or rather in its alternative investment market (AIM). Young and developing companies choose this path to get advantages at the start of their exchange path. Devolver Digital Already attracted considerable injections from investors.

The publisher received $ 260 million with access to the exchange, and the company’s market value was estimated at $ 950 million, which corresponds to the initial calculations DD. Now Devolver Digital became the largest company for market capitalization from the United States, which was launched on the London Stock Exchange, and the second largest company trading on AIM.

According to the media, Devolver Digital attracted a significant strategic investment from one of the key players in the industry, and also acquired the support of some investors from the USA. Analyst Daniel Ahmad (Daniel ahmad) claims that Sony Already acquired 5 % of the shares, and the Chinese Internet company Netease – 8 %.

It is important to note that in order to get to the exchange, the candidate must meet certain standards and prove in advance that in the future he will be stable growth. U Devolver Digital The full order with this:

Previously issued projects that http://fruityvegascasino.co.uk/ make up the backing catalog bring about 60 % of the revenue. This means that the company’s games have a fairly long life cycle.

Most of the means DD It makes money in North America and Asia – both markets in total accounted for 52.6 % of sales.

In 2020 The Top 5 Titles Released by Devolver Accited For 41.3% of revenue. The Top 10 Account for 61.9%. Quite a diversified portfolio.

Its Back Catalog Has Stabilized At Around 60% of Total Revenue, Signalling Long Life Cycles for Its Published Titles. Pic.Twitter.COM/DFN6RY1N9P

– Daniel AHMAD (@ZHUGEEX) NOVEMBER 4, 2021

But what about it Devolver Digital Thinking about changes? The company has grown significantly from the moment of founding, so it was necessary to look for new ways to become better. The owners of the company are still its employees-most of the securities are in their hands as the founding fathers DD, and ordinary employees.

Now Devolver Digital will be able to invest in all the games that we are currently working on, cooperate with new [teams], partnership with which we could not consider, and replenish the team in the field of video games.

In addition, the publisher will continue to absorb other studios, taking away "people with whom they like to work". Devolver Digital Already accepted into her arms:

Devolver Digital was founded in 2009 in Austin, Texas. The publisher has two headquarters-in Austin and London, and the studios that collaborate with him are scattered around the world. Among the well-known indie projects of the company- Hotline Miami, Loop Hero, Shadow Warrior and others.

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