Glu Mobile can bring fresh ideas to FIFA Mobile
Glu Mobile can bring fresh ideas to FIFA Mobile Mar 30

Glu Mobile can bring fresh ideas to FIFA Mobile

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A deep freezer of new games.The development pipeline in Glu Mobile looks really promising. It has new titles set to start shortly, including Harness Sports Fishing, Deer Hunter World, along with an updated version of Tap Sports Baseball for the 2021 season. EA plans to bring Tap Baseball to fresh nations with its licensing experience from EA Sports.There can be Table & fresh, a fresh lifestyle sport, along with a selection of hyper-casual games starting from Glu's Crowdstar studio.

What is more, Glu Mobile can bring fresh ideas to EA about how to monetize certain names. The business reported seeing positive early results from this initiative on the very last earnings call.

Growth at a fair price.It's always worth checking the cost that a company is paying as it declares that a major acquisition. Across three hot test metrics, Glu Mobile looks like a fantastic value in the video game industry.EA is spending $12.50 a share in cash to Glu Mobile investors, which places the latter's most price-to-free money flow multiple at 47.

On a forwards price-to-earnings foundation, Glu trades in a multiple of 25, that resembles a relatively great deal compared to its bigger peer reviewed Zynga, which deals in a higher forwards P/E of $28. Glu can also be a better deal on a price-to-sales foundation using a multiple just under four, whereas Zynga trades at closer to 6 times earnings up there with the industry's top gaming stocks.

EA's got cash to spare.EA entered calendar 2021 with plenty of money to reinvest or obtain top-notch studios like Glu to expand its dominance from the gambling market.The company made $1.9 billion in free cash flow during the previous four quarters. That is on top of the $6.7 billion in cash and short-term investments in the balance sheet at the end of 2020.

Want to learn more about FIFA Mobile Coins at https://www.mmoexp.com/Fifa-mobile/Coins.html
30-03-21 - 13:15 Start date
30-04-21 - 13:15 End date
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