Lionheart IPO - Thoughts on Valuation
Lionheart Studio (426630 KS), a game development studio based in South Korea, aims to raise around US$420m via its South Korean IPO. In this note,...
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LionHeart Studio IPO - Peer Comparison - Youngest and Most Untested
Lionheart Studio, a game development studio based in South Korea, aims to raise around US$420m via its South Korean IPO. In this note, we...
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Roblox Analyst Day Observations
Roblox Investor Day last week had an emphasis on advertising and monetization of virtual goods. We are bullish on the impact that performance based...
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Roblox 2Q22: 15% or 35% EBITDA Margins?
Roblox had a largely bullish quarter, with monetization and engagement metrics starting to show promised acceleration. Key will be 9/9/22 analyst...
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Roblox 1Q22: Acceleration Coming, But How Much?
Better than feared quarter for Roblox, but already down 90% from the peak...not sure what wasn't priced in at this point. Reacceleration on the...
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