In the base case Redeye sets a motivated valuation of 6.50 SEK per share for Jumpgate. The valuation is based on a discounted cashflow analysis (DCF) where WACC (Weighted Average Capital Cost), is 16.5 % over the period 2024e-2037e.

In a bear- and bull scenario Redeye sees motivated valuations of 2.0 SEK and 10.5 SEK respectively. The Jumpgate share closed at 4.61 SEK per share on November 4, 2024.

For more information and a complete analysis which summarizes the risks and challenges as well as the opportunities, please visit Redeye's website on the following link:

https://www.redeye.se/research/1051501/jumpgate-jumping-into-profitability?utm_source=MFN&utm_medium=pmcour

The analysis from Redeye is commissioned by Jumpgate as part of a paid collaboration.

For additional information

Harald Riegler CEO, Jumpgate AB Phone: +46 (0)705 - 54 73 33 E-mail: harald@jumpgategames.se

About the Company

Jumpgate AB is an independent group of game development companies founded in 2011, comprising five game studios: Nukklear (Hannover), Tivola Games (Hamburg), gameXcite (Hamburg), Funatics (Düsseldorf) and Tableflip Entertainment (Visby). The group develops and publishes its own games as well as developing games and other digital products for external companies. The companies in the group have established collaborations with strong industry partners and exciting product portfolios with large potential. The group is engaged in the global market, distributing games on a worldwide basis and has a large international network. For more information: www.jumpgategames.se