Kuuhubb

Kuuhub’s quarterly Revenue was $1.8 million compared to our estimate of $2.1 million. Revenue was primarily generated from sales of the Recolor App that reached the Top 10 in Apple’s Top App Charts in the United States and fourteen other countries. New Match-3 games are scheduled for full commercial release by the end of calendar 2020. [more]

Zynga, an American game developer best known for its Facebook game Farmville, acquires Peak Games with 100 game developers, puzzle makers and a game portfolio that includes Toon Blast and Toy Blast. [more]

Valve’s Steam hits record number of users; Activision launches battle royale Call of Duty and downloads hit record levels; NVIDIA’s GeForce Now starts to sell out memberships; but eSports events such as E3 and GDC cancelled. [more]

“Tiles and Tales” is Kuuhubb’s flagship second-generation game and a combination of two genres of gaming apps – Match-3 and Visual Novels. [more]

Quarterly Revenue was $1.97 million compared to our estimate of $1.90 million. According to the Kuuhubb, revenue from the Recolor App stabilized during the quarter with a successful new product update in November. We await the commercial launch of the new Apps that should drive revenue in 2020 and beyond. [more]

Video overview of eResearch’s Initiation Report on Kuuhubb. [more]

Kuuhubb’s vision is to become a major player in the mobile games market for female gamers, as it believes this segment is currently underserved. We are Initiating Coverage on Kuuhubb with a Buy rating and one-year price target of C$1.85/share. [more]

Kuuhubb, a Finnish mobile games company with a niche focus in developing or acquiring female-focused apps, recently announced expansion of its mobile games portfolio to include Match-3 and Casual Match-3 Esports platforms. [more]