This week we are adding a gaming stock to our long term investment portfolio. The company sits squarely within the fast evolving world of mobile gambling and works with a battery of big brand clients, but strangely has been getting little love from investors recently.
Its clients include big names in the gambling world, including bet365, Betfair, Coral, Sky Bet, William Hill, Unibet and DraftKings. You might wonder whether it has a poor financial position but you'd be wrong there too. The financials are knocking it out of the park: the company has significant operational and financial momentum, did not miss a trick during lockdown, and has posted consistent year-on-year revenue growth.
Our main criticism, if we had one, is that they are probably not blowing their own trumpet loudly enough. This stock topped our screens in December and we're having problems finding reasons not to buy it.
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