MOBIRIX

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MOBIRIX submit the corrected registration statement … Listing at KOSDAQ next January

관리자 2020.12.08

MOBIRIX, has submitted corrected registration statement, and set a market friendly public offering price ranged 10,500 ~14,000 (KRW) 

 

 

Mobile game developer and supplier, MOBIRIX has submitted corrected registration statement on the registration statement submitted on October 6th and announced the adjusted public offering schedule on the 8th.


According to the report, MOBIRIX’s book building schedule is January 12 ~ 13 next year, and it is scheduled to be listed at the end of January after a public subscription on the 19 ~ 20 of the same months.

 

from Korea Investment & Securities, the lead under writer, said, “By submitting a corrected registration statement, the public offering price was revised to be reasonable and market-friendly to investors, and the recent 3Q results were reflected.” And “The desired Public offering price has been adjusted to range 10,500 to 14,000(KRW), and the number of shares has changed to 1.8 million shares.”

 

MOBIRIX has continuously grown as its main business by developing and publishing mobile casual games. Currently, more than 200 games are servicing around the world, also the sales structure of MOBIRIX is expanding scale in harmoniously as platform-based advertising revenue of 65% and in-app purchase of 35%.

 

MOBIRIX recorded 40.3 billion (KRW) in sales, and 7.4 billion (KRW) in operating income last year. In the third quarter of this year, 32.9 billion (KRW) in sales, operating income 7.7 billion (KRW) and the net income of 5.9 billion (KRW) were calculated. Compared to the same period of the previous year, sales have increased by 7.85%, while operating income and net income have increased 52.30% and 58.84%, respectively, and continued earnings growth.

 

 

Joong-su Lim, C.E.O of MOBIRIX, said that “The company has made great efforts on diversifying its portfolio by releasing a number of mid-core games this year. We hope that the value of the MOBIRIX can be evaluated reasonably in the market as we have reviewed range of the public offering price and its scale in order to be market-friendly.”

 

 

 MAEKYUNG MEDIA GROUP.  kissmaycry@mkinternet.com

 

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