The Transaction values Nexters at an enterprise value of $1.9 billion, and is expected to deliver up to $150 million in additional cash to the Company to support its transformation into a leading consolidation platform in the European mobile gaming space. Nexters generated $318 million in Net Bookings and $120 million in Free Cash Flow to Equity in 2020 the expected continued growth of Hero Wars and new mobile game titles launching in 2021 are projected to drive Net Bookings to $562 million in 2023, after platform fees. Its flagship product, Hero Wars RPG, was downloaded 36 million times in 2020 on iOS and Android alone, scoring a 4.5/5 average rating among users. In 2004, when the business reached $10,000 in monthly revenue, they registered a legal entity and rented space for an office in the basement of a book warehouse in Vologda.- Nexters is a top-5 independent game developer in Europe 1 that builds mobile, web and social games loved by millions of players globally. He decided to try it with Dmitry, who was still in high school at the time.
The brothers started their road to riches in 2001, when Igor learned from a university professor that he could sell software online. In an interview last year, they said they wanted their company to be in the same league as giants such as Activision Blizzard Inc. 7 last year is remarkable for two brothers native of Vologda, a city almost 300 miles (483 kilometers) north of Moscow. in South Korea have surged this year with people spending more time and money playing. in the U.S., CD Projekt SA in Poland and Netmarble Corp. Listed gaming companies from China’s Tencent to Zynga Inc. “I don’t know how many hours a day I would be playing if the pandemic had never happened, probably much fewer." “It made life indoors not so boring," said the 42-year-old stay-at-home mom from Gloucestershire, U.K.
The match-3 puzzle game is one of Playrix’s most popular. After clicking on an ad in February, she soon started spending as much as six hours a day playing Gardenscapes and about 50 pounds ($64) in a month to get through levels faster. Julia de Macfarlane-Smith is among those who got hooked during the pandemic. “We are constantly adding new stories, different game mechanics and levels to our games, and people are playing them for years." “Successful games have become long-term services similar to Netflix, which manages to retain users by constantly adding new content," Igor said in a Skype interview from London, where the brothers live.
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