We see the launch of Stranger Things to be a major trigger in 2021. The new games Stranger Things and Blade Runner are scheduled to be published in Q2 but the sales contribution to H1 could still remain limited why we expect soft financial performance in H1 and steep increase in sales during H2.
Looking to a data sample provided by Reflection analytics service, Next Games’ revenue dec lined by 18% q/q during a period of 1.1.-20.3.2021 compared to our FX-adjusted growth estimate of -8% (q/q) for a seasonally lower period of Q1.