Original-Research: Media and Games Invest SE (von First Berlin Equity Research GmbH): Kaufen
Original-Research: Media and Games Invest SE - from First Berlin Equity Research GmbH
Classification of First Berlin Equity Research GmbH to Media and Games Invest SE
Company Name: Media and Games Invest SE ISIN: SE0018538068
Reason for the research: OSG Update
Recommendation: Kaufen
from: 20.03.2024
Target price: €3,60
Target price on sight of: 12 Monate
Last rating change: -
Analyst: Ellis Acklin
First Berlin Equity Research hat ein Research Update zu Media and Games Invest SE (ISIN: SE0018538068) veröffentlicht. Analyst Ellis Acklin bestätigt seine BUY-Empfehlung und bestätigt sein Kursziel von EUR 3,60.
Zusammenfassung:
MGI meldete für den Monat Februar einen Rekordumsatz, der durch ein
organisches Umsatzwachstum (OSG) von 25% untermauert wurde. Dies folgt auf
einen starken Anstieg des KPI auf 16% im vierten Quartal, gefolgt von 18%
im Januar. Das Management wies darauf hin, dass die Treiber des jüngsten
Aufschwungs auch im Februar sichtbar waren: (1) höhere Werbebudgets von
Kunden, (2) Gewinnung von neuen Kunden, und (3) steigende Nachfrage nach
MGIs KI-gesteuerten Contextual-Data Lösungen, da Targeting-IDs weiterhin
verschwinden. Die Performance ist ermutigend, wenn man bedenkt, dass das
organische Umsatzwachstum im Zeitraum Januar bis September letzten Jahres
kaum 1% erreicht hatte. Wir stufen MGI weiterhin mit Kaufen und einem
Kursziel von €3,60 ein.
First Berlin Equity Research has published a research update on Media and
Games Invest SE (ISIN: SE0018538068). Analyst Ellis Acklin reiterated his
BUY rating and maintained his EUR 3.60 price target.
Abstract:
MGI reported record sales for the month of February underpinned by 25% OSG
(organic sales growth). This comes on the heels of a strong uptick in the
KPI to 16% in Q4 followed by 18% in January. MGI brass pointed out that the
drivers behind the recent upswing were again visible in February: (1)
increased ad budgets from customers; (2) new customer onboardings; and (3)
rising demand for MGI's AI-driven contextual data solutions as targeting
identifiers continue to vanish. The performance is encouraging, considering
that the OSG-needle had barely budged at ~1% in January-to-September period
last year. We are Buy-rated on MGI with a €3.6 TP.
Bezüglich der Pflichtangaben gem. §34b WpHG und des Haftungsausschlusses siehe die vollständige Analyse.
You can download the research here:
http://www.more-ir.de/d/29199.pdf
Contact for questions
First Berlin Equity Research GmbH
Herr Gaurav Tiwari
Tel.: +49 (0)30 809 39 686
web: www.firstberlin.com
E-Mail: g.tiwari@firstberlin.com
-------------------transmitted by EQS Group AG.-------------------
The issuer is solely responsible for the content of this research. The result of this research does not constitute investment advice or an invitation to conclude certain stock exchange transactions.
Boersengefluester.de (BGFL) provides an overview of the key figures on sales, earnings, cash flow and dividends to help you better assess the fundamental development of the respective companies. All information is entered manually in our database - the source is the respective annual reports. All estimates for future figures are provided by BGFL.
| The most important financial data at a glance | ||||||||
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024e | ||
| Sales1 | 32,62 | 83,89 | 140,22 | 252,17 | 324,44 | 321,98 | 416,00 | |
| EBITDA1,2 | 8,65 | 15,54 | 26,55 | 65,04 | 84,75 | 128,46 | 132,00 | |
| EBITDA-Margin3 | 26,52 | 18,52 | 18,94 | 25,79 | 26,12 | 39,90 | 31,73 | |
| EBIT1,4 | 2,33 | 5,00 | 11,04 | 36,80 | 26,62 | 99,00 | 0,00 | |
| EBIT-Margin5 | 7,14 | 5,96 | 7,87 | 14,59 | 8,21 | 30,75 | 0,00 | |
| Net Profit (Loss)1 | 1,58 | 1,25 | 2,71 | 16,06 | -20,41 | 46,22 | 0,00 | |
| Net-Margin6 | 4,84 | 1,49 | 1,93 | 6,37 | -6,29 | 14,36 | 0,00 | |
| Cashflow1,7 | 4,93 | 16,20 | 25,20 | 64,84 | 134,22 | 69,45 | 0,00 | |
| Earnings per share8 | 0,09 | -0,01 | 0,03 | 0,11 | -0,12 | 0,26 | 0,11 | |
| Dividend per share8 | 0,00 | 0,00 | 0,00 | 0,00 | 0,00 | 0,00 | 0,00 | |
1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de
Auditor: Deloitte
All relevant valuation ratios, dates and other investor information on your share at a glance. Good to know: All data comes from boersengefluester.de and is updated daily. This means you are always up to date. You can get brief explanations of the key figures by moving the cursor or mouse over the relevant field.
| INVESTOR-INFORMATION | ||||||
| ©boersengefluester.de | ||||||
| Verve Group | ||||||
| WKN | ISIN | Legal Type | Marketcap | IPO | Recommendation | Plus Code |
| A3D3A1 | SE0018538068 | SE | 591,45 Mio € | Halten | 9FFW83PF+F9 | |
| PE 2025e | PE 10Y-Ø | BGFL-Ratio | Shiller-PE | PB | PCF | KUV |
| 26,33 | 23,87 | 1,10 | 56,43 | 1,68 | 8,52 | 1,84 |
|
Dividend '2022 in € |
Dividend '2023 in € |
Dividend '2024e in € |
Div.-Yield '2024e in % |
| 0,00 | 0,00 | 0,00 | 0,00% |
| Annual General Meeting | Q1-figures | Q2-figures | Q3-figures | Annual press conference |
| 11.06.2025 | 28.05.2025 | 19.08.2025 | 28.11.2024 | 18.04.2024 |
| Distance 60-days-line | Distance 200-days-line | Performance YtD | Performance 52 weeks | IPO |
| -10,19% | +23,61% | +221,46% | +212,25% | +172,41% |
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