Glu Mobile, the only listed US mobile gaming company, reported its Q3 2013 results on October 30th. Glu Mobile currently has tremendous success with its Deer Hunter 2014 game, which is among the top 10 grossing iPhone games in the US, which according to several sources could mean as much as USD 250,000 per day.
At this point we do not want to go into the details of the actual results but rather highlight a few slides Glu Mobile presented in connection with its quarterly release as they bear interesting read across to our top-pick G5 Entertainment.
We believe mobile gaming will enjoy high investor interest in the coming weeks and months with the upcoming IPO of king.com. Already listed mobile gaming companies should highly benefit from this. The “problem” is that there are almost no listed pure mobile gaming companies. Glu Mobile and G5 Entertainment are among the few exceptions.