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MGI Q1’23: Mixed result

Verve Group

MGI’s Q1’23 was mixed with lower revenue but better adjusted EBITDA than we expected. Analyst Anton Damsten summarizes the Q1 result and explains what 2023 and the medium term look like for the company.

Contents:
00:00 Start
00:13 MGI Q1-result
00:57 Guidance
01:40 Risks
02:30 Relative valuation

Read the latest research: Lower growth, but improved profitability, published 2023-06-01
Read more about MGI-Media and Games Invest

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