Devolver Digital Share Discussion Threads

[volsung] 03/2/2023 15:39

I remember there use to be a pop group called Devo

[saltaire111] 09/1/2023 10:54

What a bloody con this company is!

[sphere25] 11/11/2022 13:56

Watching these large prints hit the book with exchanges totalling 1.8m.

This is the second day now this week that buyers in size are coming in to try and clear sellers. This is the type of share that has been rallying strong post the US bounce of late, but the mopping up here isn't enough as yet.

There are still big sellers in the market but keeping an eye open to see if any MONSTER prints hit at some point.

Let's have a 50m day to get the market excited! Get all the sellers out the way in one go!

Not having a go until something really big happens. Sometimes they can follow but just a watchful eye as yet.

All imo
DYOR

[saltaire111] 23/9/2022 23:00

That’s the dog-walk sorted for tomorrow Wheelie. I’m a big fan of the twin Peter’s podcast. Well worth a listen.

Salty

[saltaire111] 25/8/2022 19:41

Why am I the only person daft enough to buy into the Devolver story. I bought at almost two quid. It was looking so good. Now not looking like anyone else agrees. I still think this company is a good company, even though it now owes me about twenty grand!!

Salty.

[saltaire111] 22/8/2022 17:11

Another pound to go to get to break even!

[saltaire111] 22/8/2022 11:44

Blimey, it really is breaking out!

[saltaire111] 19/8/2022 17:27

I’m claiming today’s 2p increase in the share price as a breakout!

Only another £1.50 to go to break even 😂😂😂😂8514;

[saltaire111] 23/6/2022 09:45

Let’s hope this is the start of the long haul to recovery!

I’ve read the company accounts, I can see it’s cash generative, cash flow positive, no debt, expanding exposure to a fast growing market. What’s not to like?

Slowing sales in the face of a recession takes out 75% value? Wtf?

Salty

[mdchand] 14/6/2022 16:46

Looks like 15m was dumped at 50p which is a decent slug. Guess we need to wait for the TR1 doc for disclosure now and indeed whether there was a buyer.

[tomboyb] 14/6/2022 16:06

Make that 9mill -

[tomboyb] 14/6/2022 16:05

Another 7.5mill at 50p -

[mdchand] 14/6/2022 12:11

MMs took on 4.5m sales at 50p. That gonna keep the share price depressed for some considerable time unless the MM's have an institution on the buy side waiting. Might be worth nibbling at some point.

[saltaire111] 13/6/2022 08:04

Well there’s a kick in the pants!

Didn’t see that coming. Thought this would be more resilient.

Salty

[saltaire111] 28/4/2022 09:45

Interesting article:



Salty

[saltaire111] 04/4/2022 07:47

04 April 2022

4(th) April 2022

Devolver Digital, Inc.

("Devolver Digital", "Devolver" or the "Company" and the Company together with all of its subsidiary undertakings is the "Group")

Preliminary unaudited results for the year ended 31 December 2021

Diversified revenues drive strong performance in 2021

Devolver Digital, an award-winning digital publisher and developer of independent ("indie") video games, announces its preliminary unaudited results for the year ended 31(st) December, 2021. All figures relate to this period unless otherwise stated.

Financial highlights


-- Strong performance in maiden listed year.
o Strong normalised revenue growth to US$98.2 million (2020: US$71.1 million), up 38% year-on-year

o 2021 growth driven by robust back catalogue sales and successful release of 8 new titles

o Rapid growth in Normalised Adjusted EBITDA to US$25.7 million (2020: US$15.8 million), up 63% year-on-year


-- Steady improvement in margins
o Gross margins rose to 40% (2020: 32%)

o Normalised Adjusted EBITDA margins increased to 26% (2020: 22%)

o Margin increases reflect high back-catalogue revenues and new title improvements


-- Strong balance sheet supports growth strategy
o Net cash of US$86.2 million at year end, following a successful IPO in November 2021 and strong internal cash generation.

o Sale of publishing rights to Fall Guys further bolstered balance sheet

Strategic highlights


-- Successful IPO supports investment in our unique culture and proven strategy
o Focus on continued strong core organic growth

o Partnering with developers

o Progressing our pipeline of fun-filled games

o Supporting our back catalogue of interesting and unusual games


-- Excellent momentum
o Evergreen business model - back catalogue of over 90 titles

o Bringing the fun - 8 new titles released in 2021 (2020: 10) across varied platforms and regions

o Diversified revenues - back catalogue revenue of 70% (2020: 61%)


-- Industry recognition
o 2021 Publisher of the Year award by GamesIndustry.biz

o Numerous game awards and nominations - Death's Door, Loop Hero and Inscryption

o Critical acclaim: 77 average Metacritic rating for our titles released in 2021 (2020: 75)


-- Senior industry experts added to our Board
o Kate Marsh, Janet Astall, Jo Goodson and Jeffrey Ko appointed as Independent Non-executive Directors, adding significant experience and know-how to our Board

[saltaire111] 04/4/2022 07:46

Astonishingly good results.

Salty

[saltaire111] 24/3/2022 12:01

What is the market seeing that I am not?

Last results update was really encouraging.

Trading at a pe that is substantially more attractive than its peer group.

No debt.

Cash generative.

Excellent pipeline.

Explosive growth sector.

Lots of merger and acquisitions going on in this space.

What’s not to like?

Salty.