Managing Director, Zero One, Zero One

Vincent Fernando, CFA

20 years of experience researching capital markets in Asia and the USA.

Managing Director, Zero One

CTW (Initiation of Coverage): Invisible Hand of AI Behind Japan’s Anime Gaming Leader

Evolution AB’s 110-Game Blitz: Can This Explosive Expansion Redefine the Future of Online Gaming?

AppLovin Breaks Out Of Gaming—The New Ad Strategy Is Turning Heads (& Printing Cash)

Zero One

Founded in 2015, Zero One produces independent investment research and provides corporate finance advisory services with a focus on both listed and private technology companies. Founder Vincent Fernando has over 20 years of experience in US and Asia capital markets.

Independent Investment Research

Equity Bottom-Up

<ul>
<li>New game launches and international expansion drive growth; 41% YoY Growth in FY2H25</li>
<li>47% user base expansion; international markets now 30% of revenue</li>
<li>Maintain Structural Long rating, increasing forecasts based on latest results</li>
</ul>


New game launches and international expansion drive growth; 41% YoY Growth in FY2H25
47% user base expansion; international markets now 30% of revenue
Maintain Structural Long rating, increasing forecasts based on latest results


CTW Cayman: Sales Rise 41% as AI Marketing Engine Drives ROAS Above 125%