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It's always worth checking the price that a business




EA's specialty FIFA Mobile Coins is designing sports matches under its EA Sports label, but Glu Mobile has also proven it can always grow a mobile sports company. Tap Sports Baseball has been a hit for the business, growing from about $4 million of bookings in 2014 to over $90 million in 2019. The teams at EA Sports and Glu Sports can obviously share thoughts to make even better at what they do so well.

A deep pipeline of new games.The development pipeline in Glu Mobile looks really promising. It has new names set to start shortly, including Harness Sports Fishing, Deer Hunter World, and also an upgraded version of Tap Sports Baseball for the 2021 season. EA plans to deliver Tap Baseball to new countries with its own licensing expertise from EA Sports.There is also Table & Flavor, a fresh lifestyle game, as well as a variety of hyper-casual games launching from Glu's Crowdstar studio.

What is more, Glu Mobile may bring fresh ideas to EA about how to decorate certain titles. By way of example, Glu recently relaunched an e-commerce shop in Design Home, which makes it the very first game business to try out this unique angle of in-game monetization. The business reported seeing favorable early outcomes from this initiative on the very last earnings call.

Growth at an unbiased price.It's always worth checking the price that a business is paying when it announces a significant acquisition. As Warren Buffett has said,"Price is what you pay, value is what you get." Across three hot test metrics, Glu Mobile looks like a good value in the video Cheap FIFA Coins sport industry.EA is paying $12.50 a share in money to Glu Mobile investors, which places the latter's most price-to-free money flow multiple at 47.
on May 19 at 11:35 PM

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