Redeye: Jumpgate Q4 2024 - Soft sales and divestment of Tableflip Entertainment
Redeye provides an update on Jumpgate following its weaker-than-expected Q4 results. Additionally, the company announced new partner agreements for three publicly co-financed game projects with a total potential value of approximately SEK30m. Jumpgate is also divesting Tableflip Entertainment and implementing a significant cost-saving program, reducing its total workforce by c50%.
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This is a press release from Redeye - Research Powered Investment Banking. www.redeye.se/