Nintendo, a multi- generational icon, with 26 of the top 50 best selling titles, an IP portfolio 2nd to only Disney, trades at just 12x 2021 ex-cash earnings. Margins have only been improving because of the shift to digital, and they have over 30mn paying online subscribers–their first recurring revenue ever. Not to mention, their initiatives with DLC extends a game’s monetizable life and drives consumer spending higher, while increasing engagement.
Nintendo Deep Dive
Nintendo Deep Dive
Nintendo Deep Dive
Nintendo, a multi- generational icon, with 26 of the top 50 best selling titles, an IP portfolio 2nd to only Disney, trades at just 12x 2021 ex-cash earnings. Margins have only been improving because of the shift to digital, and they have over 30mn paying online subscribers–their first recurring revenue ever. Not to mention, their initiatives with DLC extends a game’s monetizable life and drives consumer spending higher, while increasing engagement.