
May 2026
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![]() | Electronic Arts is one of the largest global developers and publishers of video games. Its most important franchises are the Madden NFL and FC soccer games, which it releases annually. In 2024, it also relaunched its American college football game. Other major franchises include Apex Legends, Battlefield, and The Sims. Typically, about three quarters of the firm’s sales are from in-game spending, with the remainder coming from initial game sales. | $201 | +40% | $50B | $49B | 6.1x | 18.1x | ||
![]() | Roblox operates a free-to-play online video game platform with nearly 150 million daily active users. This platform has spawned a virtual universe and a Roblox economy based on the Robux currency. The platform houses millions of games from a wide range of creators—spanning from young gamers themselves to professional development studios. Roblox offers creators the tools, publishing abilities, and platform for their games, enabling anyone to create a game. Creators earn money when gamers make optional in-game purchases within their games and by offering space for real-world advertising, and Roblox earns revenue primarily by taking a cut of these earnings. | $48 | -45% | $34B | $33B | 4.9x | 19.1x | ||
![]() | DoubleDown Interactive Co Ltd is a developer and publisher of digital games on mobile and web-based platforms. The company is the creator of multi-format interactive entertainment experiences for casual players. The company's operating segments include the social casino games segment and the iGaming segment. The company generates the majority of its revenue from social casino games. Geographically, the company generates the majority of its revenue from the United States. | $12 | +20% | $593M | $99M | 0.3x | 0.7x | ||
![]() | GDEV Inc is a gaming and entertainment holding company that oversees a portfolio of studios focused on developing and publishing live-service games across a range of platforms and genres. Its portfolio includes studios specializing in mobile, browser, and PC games, as well as captivating IPs spanning various genres. | $15 | -1% | $278M | $175M | 0.4x | 2.1x | ||
![]() | Huuuge Inc is a game developer and publisher. The Company is engaged in the development of mobile games in the free-to-play model, distribution, and user acquisition of its own mobile games. The Company’s products include Huuuge Casino, Billionaire Casino, and Traffic Puzzle. Huuuge Casino offers players over 100 casino slot machines, as well as card games and roulette. The Company’s geographical locations include North America, Europe, Asia-Pacific (APAC) and Other. It generates key revenue from North America. | $6 | +24% | $246M | $142M | 0.6x | 1.5x | ||
![]() | Skillz Inc is a two-sided mobile gaming platform that connects developers with competitive players. The company's reportable business segments are: the Skillz segment and the Aarki segment. Skillz segment's highlights include Monetize Through Competitions, Player Matching, Cross-Platform Support, Comprehensive Analytics, and Focus on Game Development. Aarki is an artificial intelligence company that delivers advertising solutions. Some of the games available on its platform are Dominoes Gold, Blackout Bingo, 21 Blitz, and Solitaire Cube among others. The majority of its revenue is generated from the Skillz segment. Geographically, the company derives its key revenue from the United States and the rest from Israel, China, Malta, and other countries. | $9 | +37% | $134M | $78M | 0.7x | (1.6x) | ||
![]() | Golden Matrix Group Inc is an established gaming technology company. The company develops and owns online gaming IP and builds configurable and scalable white-label social gaming platforms for its international customers. The company operates in three reportable segments; MeridianBet Group, GMAG, RKings & CFAC. The MeridianBet Group segment earns majority revenue. The company operates in UK, Europe, Asia Pacific, Central and South America, Australia and Africa. It offers configurable and scalable iGaming platforms and operate some of the industry’s iconic brands, including MexPlay, GM-AG, and others. | $8 | -66% | $97M | $100M | - | - | ||
![]() | PLAYSTUDIOS Inc is engaged in gaming and related business. The Company develops and operates online and mobile social gaming applications (games or game), many of which incorporate a loyalty program offering real world rewards provided by a collection of awards partners. The Company’s games are free-to-play and available via the Apple App Store, Google Play Store, Amazon Appstore and Facebook (collectively, platforms or platform operators). The Company creates games based on its own original content as well as third-party licensed brands. The Company generates revenue through the in-game sales of virtual currency and through advertising. The company has one operating segment with one business activity, developing and monetizing social games. | $0 | -65% | $61M | ($36M) | (0.2x) | (1.0x) | ||
![]() | Gamehaus Holdings Inc. is a technology-driven mobile game publisher focused on partnering with small- and medium-sized developers. The company publishes and operates free-to-play mobile social games on platforms like Apple App Store, Google Play Store, and Amazon Appstore. It earns revenue through in-game virtual currency sales and advertising. The company distributes games created by developer partners across many international markets, including the U.S., U.K., Australia, Germany, France, Canada, Brazil, Japan, and India. It offers a comprehensive package of services covering all aspects of the game lifecycle, including game development, screening and pre-publication testing, user acquisition, and monetization. | $1 | -40% | $58M | $39M | 0.3x | 7.9x | ||
![]() | Snail Inc is an independent developer and publisher of interactive digital entertainment for consumers around the world, with a portfolio of premium games designed for use on a variety of platforms, including consoles, PC’s, and mobile devices. The geographic presence of the company is in the United States and the International market, where the majority of its revenue comes from the United States. | $1 | +24% | $47M | $47M | 0.6x | (3.4x) | ||
![]() | Brag House Holdings Inc is a organization that utilizes a diversified business to offer electronic esports platform designed specifically for casual gamers. It hosts esports tournaments, including the streaming and live broadcast of tournaments. The company also offers in-game stat-based predictions, including lifestyle and behavior insights, and predictive analytics to brands; and advertising and marketing services. It bridges the gap between brands and Gen Z through an interactive community hub and proprietary data engine that captures real-time user behavior. | E-Sports+1 | $1 | -- | $18M | $19M | - | (1.4x) | |
![]() | GD Culture Group Ltd focuses its business on two segments mainly through the Company and two subsidiaries. 1) AI-driven digital human creation and customization; 2) Live streaming and e-commerce. The company has relentlessly been focusing on serving its customers and creating value for them through the continual innovation and optimization of its products and services. For the AI-driven digital human creation and customization sector, the Company uses AI algorithms and software to generate realistic 3D or 2D digital human models. AI algorithms and machine learning models are used to simulate human characteristics, such as facial expressions, body movements, and even speech patterns. | $0 | -96% | $7M | $8M | - | (1.3x) | ||
![]() | Mobile Global Esports Inc develops and commercializes international esports, beginning with university esports events in India. It is launching an esports (electronic sports) platform initially focused on esports competitions played on mobile devices by university teams and players representing universities located in India and elsewhere in South Asia. The company has one reportable segment, which is the development of esports. | E-Sports+1 | $0 | -- | $238K | $560K | - | - | |
| Median | $6 | -1% | $97M | $78M | 0.6x | 0.7x |
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