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Fantasma Games: Strong underlying performance - Redeye

Redeye updates its estimates and valuation after reviewing Fantasma Games’ Q4 report, which showed a strong GGR performance. However, sales were negatively impacted by lower sales in Wiener Games and a somewhat lower margin due to fx and gambling taxes. With several growth drivers set to kick in, we believe the company is poised to deliver a strong 2024.

Redeye updates its estimates and valuation after reviewing Fantasma Games’ Q4 report, which showed a strong GGR performance. However, sales were negatively impacted by lower sales in Wiener Games and a somewhat lower margin due to fx and gambling taxes. With several growth drivers set to kick in, we believe the company is poised to deliver a strong 2024.
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