Kabam’s IPO Plans Are Kaput

Summary Kabam is a mobile game startup with IPO aspirations and a reportedly $1 billion-plus valuation. In early December, the CEO delayed IPO plans, blaming generally unfavorable conditions for a mobile game company IPO. We show that the real reason for the delay was the disastrous performance of two of three new releases based on […]

Machine Zone: IPO or What?

Machine Zone [MZ] is a Palo Alto-based, mobile gaming start-up with a massively popular Top 3 app store hit called “Game of War: Fire Age.” [GoW] MZ describes Game of War: Fire Age as “.. a real-time mobile massively-multiplayer online game and parallel chat-speak translation application that translates over 40 languages for its players in […]

Glu Mobile Will Beat Guidance Based on App Store Data

First quarter 2014 has just closed as I write this article about GLU Mobile (GLUU), a pure play mobile gaming company. With access to daily app store revenue rankings for the past 3 months, I believe that GLU’s revenue will exceed guidance a full month ahead of its 10-Q release and conference call scheduled for […]

“Flappy Bird” Investing Requires Daily App Store Tracking

By Larry Abrams, published by Seeking Alpha 3/24/13 http://seekingalpha.com/article/2106973-flappy-bird-investing-requires-daily-app-store-data Investing in publicly-held mobile gaming companies like KING, ZNGA, GLUU, and a host of other companies around the world, is the purest play ever on the hit-making business. It is momentum investing on steroids. Investors, 99% of which have never played a mobile game in their […]

Price-Sales Ratios of Mobile Gaming Companies

Published by Seeking Alpha 3-20-14 http://seekingalpha.com/article/2100903-price-sales-ratios-of-mobile-gaming-companies Investing in publicly-held mobile gaming companies is the purest play ever on the hit-making business. It is momentum investing on steroids. To paraphrase the Sean Parker character played by Justin Timberlake in the movie The Social Network, “A doubling of sales isn’t cool. You know what’s cool? A tenfold […]