Our latest coverage of Enad Global 7. 3w2k6v
It looks like Enad Global 7’s unprecedented revenue growth is finally flattening out after a two-year run. The Swedish video game holding company’s Q2 2023 financial report shows a mere 4.3% increase in revenue compared to the same period last year which saw a 48.2% increase year-over-year. According to EG7, Big Blue Bubble’s My Singing Monsters has once again been [...]
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Enad Global 7’s financial report for the first quarter of 2023 came out last week, showing record-setting performance for the company thanks to Daybreak and Piranha Games, as well as My Singing Monsters generating a boatload of cash. The good news is short-lived though as one of the company’s investors is apparently furious that EG7’s success isn’t generating enough publicity [...]
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Enad Global 7 has released its latest quarterly investor report which shows steady growth for the Swedish video game holding company as a whole and its subsidiary Daybreak Game Studios. According to the report, the Swedish video game holding company saw a 12% increase in its net revenue quarter-over-quarter at SEK 559 million (roughly $54 million). Its annual net revenue [...]
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When Dimensional Ink Games CEO Jack Emmert jumped Daybreak’s ship to head up NetEase’s first U.S. studio earlier this month, there have been worries about what that might mean for his untitled Marvel MMO. Well, the time worrying is over as Enad Global 7 has just revealed in their Q1 2022 financial report that its already canceled the game. EG7 [...]
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Swedish video game holding company, Enad Global 7, is in the process of cutting all ties with Russia citing the ongoing “uncertainties” in the region as the main reason behind the move. The company is now looking to sell Innova a year after they acquired the MMORPG publisher in April 2021. The publisher is currently has its headquarters in Luxembourg [...]
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Enad Global 7 saw its best quarter to date and a significant boost to its revenue over the last twelve months following its acquisition of Daybreak Games towards the end of 2020. The Swedish video game holding company’s Q4 2021 financial report shows a net quarterly revenue of SEK 573 million, or roughly USD 60 million. This translates to a [...]
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Media and Games Invest Group, Gamigo’s parent company, have bought 8% of Enad Global 7, the company that now owns Daybreak Games. The purchase makes MGI the second largest shareholder of EG7 which, according to the former, gives them a strategic minority position in the company. Meanwhile, both MGI and EG7 have both been in the spotlight recently with Daybreak’s [...]
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When Aliens: Fireteam Elite came out last week, most of us were surprised to find out that Cold Iron Studios, the game’s developer and co-publisher, was in fact a subsidiary of Daybreak Games. The press release announcing Daybreak’s acquisition of the still back in August 2020, however, suddenly vanished a few days ago around the same time that Daybreak CEO [...]
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After purchasing Daybreak Games late last year, Enad Global 7 is once again finalizing the process of acquiring yet another video game company. The European holding company has struck a deal with Russian publisher Innova to acquire the company for $109.8 million. The announcement was made back in February during EG7’s Q4 investor presentation. Innova operates the 4Game distribution platform [...]
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Earlier this month, Enad Global 7 announced that they were in the process of acquiring Daybreak Games to the tune of $300 million. The deal has just been finalized and EG7 is now officially the proud owner of Daybreak Games, its subsidiaries, and their respective IPs including DC Universe Online, EverQuest, EverQuest 2, PlanetSide 2, Dungeons and Dragons Online, and [...]
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