Candy Crush Saga, a addictive video game, is played by about 500million people, mostly on their smartphones. The world’s many renouned game, it is only one of thousands accessible on mobile devices. And as phones turn increasingly sophisticated, a games do too.
Parents and partners might despondency during how most time family members spend gaming, though Keywords Studios is abounding on a behind of this £60billion industry.
The association started out translating games played on a Xbox and PlayStation into opposite languages, though as a gaming marketplace has expanded, so has Keywords.
Expanding business: Keywords has worked on Candy Crush and is abounding on a behind of a £60billion gaming industry
As good as operative on Candy Crush, it translates games into some-more than 50 languages, tests them for defects, provides voice-overs in a accumulation of tongues, creates design for renouned games such as Halo and provides patron support for gamers.
Tipped by Midas final Apr during 153p, a batch has sprinted by a past 12 months and is now 50 per cent adult during 230p.
The association delivered clever formula final week, with 2015 revenues adult 55 per cent to €58 million (£47million) and pre-tax increase 50 per cent forward during €5.1million.
The association is formed in Dublin, so a total are in euros, though a division is paid in pence, and is adult from 1.1p to 1.21p. Brokers design serve expansion this year and next, as a marketplace continues to enhance and Keywords plays an augmenting purpose within it.
Games producers are increasingly focused on conceptualizing and selling their creations, outsourcing other functions to companies such as Keywords.
Many of a competitors are most smaller, however, so Keywords is in a most stronger position, since it has stretched both organically and by merger and now offers a operation of services from Shanghai to Seattle.
Midas verdict: Keywords Studios has had an glorious year and a batch has risen by 50 per cent. However, a opinion is splendid so investors should keep during slightest 75 per cent of their shares. New investors could collect adult a few as well, quite if they uncover any pointer of short-term weakness.
Traded on: AIM Ticker: KWS Contact: keywordsstudios.com or +353 1902 2730
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