Forgame
Forgame is a Chinese company focused on developing and launching cloud games.
Launch date
Employees
Market cap
€11.0m
Enterprise valuation
(€29m) (Public information from Sep 2024)
Share price
HKD0.63 0484.HK
Guangzhou Guangdong (HQ)
Financials
Estimates*
CNY | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | - | - | 124m | 60.4m | 142m | 114m | 60.2m |
% growth | - | - | - | (51 %) | 135 % | (20 %) | (47 %) |
EBITDA | - | - | 15.3m | (32.2m) | (18.0m) | (23.6m) | <1m |
% EBITDA margin | - | - | 12 % | (53 %) | (13 %) | (21 %) | 1 % |
Profit | - | - | (216m) | (49.3m) | 17.6m | (20.1m) | (17.6m) |
% profit margin | - | - | (174 %) | (82 %) | 12 % | (18 %) | (29 %) |
EV / revenue | - | - | 1.1x | -3.7x | -1.5x | -2.0x | -3.8x |
EV / EBITDA | - | - | 8.5x | 7.0x | 11.9x | 9.5x | -638.4x |
R&D budget | - | - | 29.4m | <1m | 8.0m | 31.6m | 26.6m |
R&D % of revenue | - | - | 24 % | 1 % | 6 % | 28 % | 44 % |
Date | Investors | Amount | Round |
---|---|---|---|
$68.8m | Series A | ||
N/A | $4.0m | Early VC | |
N/A | N/A | IPO | |
N/A | $16.0m | Post IPO Equity | |
Total Funding | €66.2m |
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