On a forwards price-to-earnings basis, Glu trades in a multiple of 25, which resembles a relatively great deal compared to its larger peer reviewed Zynga, which trades at FIFA Coins a higher forwards P/E of 28. Glu can also be a much better bargain on a price-to-sales foundation with a multiple only under four, whereas Zynga trades in nearer to six times sales, up with all the industry's top gaming stocks.

EA's got money to spare.EA entered calendar 2021 having tons of cash to reinvest or acquire top-notch studios like Glu to expand its dominance in the gambling market.The company generated $1.9 billion in free cash flow over the last four quarters. Even after these two prices are finish, EA will nonetheless have a few billion dollars' worth of cash on the balance sheet together with almost $2 billion in free cash flow coming from every year.The inclusion of Glu Mobile will jump-start EA's increase in a mobile market that grew an estimated 25% this past year, reaching $86 billion in worldwide revenue, according to Newzoo.In brief, this acquisition is a significant upgrade for Electronic Arts' mobile game business, and that's the reason why the inventory jumped to a new top on the information.

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