Leading International Investment Research, Edison Investment Research

Edison Investment Research

Leading International Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

Equity Bottom-Up

<p>Devolver Digital’s H1 FY24 results saw a return to adjusted EBITDA profitability as the company and its peers adjusted to post-pandemic market conditions. The H224 results continued that trend and, with a higher proportion of royalty-free first-party intellectual property (IP) and higher-margin front catalogue products set for release this year, 2025 profits should be able to grow further. The Switch 2 release is another potential welcome boost for 2025, suggesting that consensus forecasts are relatively well underpinned in an otherwise challenging gaming market.</p>

Devolver Digital’s H1 FY24 results saw a return to adjusted EBITDA profitability as the company and its peers adjusted to post-pandemic market conditions. The H224 results continued that trend and, with a higher proportion of royalty-free first-party intellectual property (IP) and higher-margin front catalogue products set for release this year, 2025 profits should be able to grow further. The Switch 2 release is another potential welcome boost for 2025, suggesting that consensus forecasts are relatively well underpinned in an otherwise challenging gaming market.

Devolver Digital — 2024 in line and 2025 to continue improvements

United States

Devolver Digital, Inc. operates as a video game publisher. The Company offers digital entertainment wares from independent artists. Devolver Digital serves customers worldwide.

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Devolver Digital (DEVO LN)

Devolver Digital — 2024 in line and 2025 to continue improvements

Devolver Digital’s H1 FY24 results saw a return to adjusted EBITDA profitability as the company and its peers adjusted to post-pandemic market...

Edison Investment Research

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