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Redeye comments on the quarterly result in Flexion Mobile. Revenue was somewhat below our expectations, GBP 7.8 million versus our estimate of GBP 8.6 million. The quarter-on-quarter growth was zero, showing the seasonal effect but more importantly the mature state of the most long-lived games in the game portfolio. Gross profit however was exactly in line with our estimate at GBP 1.0 million. As we wrote in our last research update, Flexion's newly signed games create a good fundament to double revenue two years from now.
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