Keywords Studios (KWS)

Sector:

Leisure Products

Index:

FTSE AIM 50

1,302.00p
   
  • Change Today:
      44.00p
  • 52 Week High: 2,808.00
  • 52 Week Low: 1,245.50
  • Currency: UK Pounds
  • Shares Issued: 78.90m
  • Volume: 523,723
  • Market Cap: £1,027.24m

Keywords Studios buys Forgotten Empires for $32.5m

By Frank Prenesti

Date: Wednesday 08 Jun 2022

LONDON (ShareCast) - (Sharecast News) - Video game provider Keywords Studios has bought development studio Forgotten Empires for $32.5m (£25.9m), the company said on Wednesday.


Based in Ohio in the US, Forgotten Empires has a team of 53 game developers. The firm generated revenue of $7.2m in 2021 and is expected to grow strongly in the current year, Keywords added.

Keywords Studios will pay a maximum amount of $32.5m, comprised $15.75m up front, the equivalent of $3.75m in new ordinary shares to be issued one year post completion, and up to $13m in cash and stock depending on growth targets being met over the year following completion.

In a separate statement, Keywords said it had made a positive start to the 2022 year with strong organic revenue growth in the first four months and expected annual results to be in line with expectations.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

KWS Market Data

Currency UK Pounds
Share Price 1,302.00p
Change Today 44.00p
% Change 3.50 %
52 Week High 2,808.00
52 Week Low 1,245.50
Volume 523,723
Shares Issued 78.90m
Market Cap £1,027.24m

KWS Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
29.63% below the market average29.63% below the market average29.63% below the market average29.63% below the market average29.63% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Price Trend
61.94% below the market average61.94% below the market average61.94% below the market average61.94% below the market average61.94% below the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average
Income
96.72% below the market average96.72% below the market average96.72% below the market average96.72% below the market average96.72% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Growth
21.76% below the market average21.76% below the market average21.76% below the market average21.76% below the market average21.76% below the market average
50% below the sector average50% below the sector average50% below the sector average50% below the sector average50% below the sector average

What The Brokers Say

Strong Buy 5
Buy 7
Neutral 1
Sell 0
Strong Sell 0
Total 13
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

KWS Dividends

  Latest Previous
  Final Interim
Ex-Div 23-May-24 05-Oct-23
Paid 28-Jun-24 27-Oct-23
Amount 1.76p 0.85p

Trades for 28-Mar-2024

Time Volume / Share Price
16:35 100,471 @ 1,302.00p
16:35 2,015 @ 1,302.00p
16:35 2,389 @ 1,302.00p
16:35 454 @ 1,302.00p
16:35 354 @ 1,302.00p

KWS Key Personnel

CEO Bertrand Bodson
CFO Robert Kingston

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