PRXXF - Paradox Interactive: Mobile Games Provide Significant Upside Potential
- Paradox Interactive is a Swedish game developer and publisher.
- A grand strategy game focuses on using a nation or empire's resources to achieve goals in the world. Paradox is the clear market leader in this niche.
- Paradox has acquired a strong competitive advantage with their loyal fanbase and valuable game engine.
- The market for mobile gaming has absolutely exploded. Still, Paradox Interactive's mobile revenue share is minimal at best.
- While the stock is relatively expensive, I believe in the mid-term, mobile games may be able to accelerate revenue growth rates at the company.
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Paradox Interactive: Mobile Games Provide Significant Upside Potential