Redeye: Flexion Mobile - Strong support from app stores

Flexion Mobile now has signed distribution agreements with the top three Android mobile device manufacturers in the world and their app stores. However, we estimate it will take at least one year for a game to get a market share of 10% of the total revenue generated from the game in Google’s app store. We, therefore, estimate it will take a minimum of six months to achieve a market share around 4-5%. This means we have taken a more conservative approach on growth rates in our base case scenario.

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This is a press release from Redeye - Research Powered Investment Banking. https://www.redeye.se/about/