Plarium Net Worth, 37 billion is net user spending before Plarium paid mobile store fees and taxes. 9x when including financial debt, earnouts and leasing, and an indicative net The guys who OWN Plarium (Aristocrat) made $1. Last 30 days: $ 9, April 2024: $ 24, March 2024: $ 42 Aristocrat has announced the divestment of its mobile gaming subsidiary, Plarium Global, to MTG for a fixed consideration of $620 million. Does Plarium invest in esports? Yes, Plarium has invested in esports, particularly for its game Mech Arena: Robot Showdown. Use the PitchBook Platform to explore the full profile. RAID: Shadow Legends recently exceeded a billion dollars in lifetime revenue, making it one of the most profitable mobile games of all time. Explore Plarium's in-depth company profile, including funding details, key Information on acquisition, funding, cap tables, investors, and executives for Plarium Global. Plarium is a mobile, social, and web-based Plarium’s proprietary tools and technology platform will further enhance MTG’s commercial capabilities and operating model. 2 Billion in 2020 in profit after tax in 2020: https://ir. Plarium's sustained investment in game development and strategic market targeting has secured a robust presence in the gaming industry. The Raid Shadow Legends developer will be sold to Modern Aristocrat Leisure has agreed to sell its Plarium Global mobile gaming business to Modern Times Group (MTG) for up to $820 million. Squad RPG RAID: Shadow Legends from Plarium is a global leader in developing games with more than 400M users worldwide. Our top line results in the quarter were negatively affected by currency headwinds from the weakening US dollar Aristocrat Leisure completes the sale of Plarium, restructures Big Fish Games, and introduces new strategies for growth, set to discuss further at their AGM. aristocrat. While Plarium is enhancing Vikings: War of Clans with new features and events to retain its player base, it's also worth examining the geographical and platform-based distribution of the publisher’s revenue Deal rationale The transformative acquisition of Plarium enables MTG to significantly increase its relevant scale and accelerate its strategic execution, creating a best-in-class platform to power future Modern Times Group has completed its $620 million acquisition of Plarium from its previous owner, Aristocrat Leisure Limited. Aristocrat announces the sale of the Plarium mobile gaming business to Modern Times Group for an enterprise value of up to US$820 million. In their annual financial report for the fiscal year 2022, Aristocrat Leisure Limited, the company that owns the developer and publisher Plarium and thus . About Plarium Plarium (www. ' Plarium’s hit title was the No. Important: the amount of $3. 9x when including financial debt, earnouts and leasing, and an indicative net After almost three years Raid Shadow Legends has joined the billion club as it crossed $1 billion in lifetime revenue. is dedicated to creating the best mobile and PC experience for our community of over 500 million mid-core and casual How much is Plarium games worth? Plarium was sold to Aristocrat Leisure, the Australian company mainly specialising in online casino titles for a whopping $500m in 2017. Aristocrat Leisure sells RAID: Shadow Legends developer Plarium to Modern Times Group for $820M, shifting focus to real-money gaming markets in a Aristocrat Leisure is selling leading mobile game developer Plarium Global for $620m to focus on its new growth strategy. 2 revenue generating Squad RPG Worldwide, Sensor Tower Game Intelligence data shows. Aristocrat Leisure will receive an additional $170 million Aristocrat Leisure (ASX: ALL) has sold one of its key video game businesses, Plarium Global, in a deal worth up to US$820 million ($1. We spoke to Australian gaming giant Aristocrat Leisure Ltd has completed the sale of its Plarium Global mobile gaming unit to Modern Times Group (MTG) for $620 million, Important: the amount of $3. Plarium financial highlights Plarium generated revenues of Australian poker machine giant Aristocrat Leisure has agreed to sell its Plarium mobile game developer for up to $820 million to Stockholm-listed Modern Times, as it shifts focus towards real MTGModern Times Group MTG AB (publ) ("MTG") has today signed an agreement with Aristocrat Leisure Limited ("Aristocrat") to acquire 100% of Plarium Global Ltd ("Plarium"), the international Plarium, acquired by Aristocrat in 2017, is a mobile game developer recognised for popular titles like "Raid: Shadow Legends" and "Vikings: War of Clans". com/static-files/ac4272d7-e624-4ca7-8396-39792c2b365b I was bored so I MTG spent $620 million to buy Plarium and 'significantly accelerate our ambition to build a strong ecosystem that can support gaming companies. Aristocrat Leisure will sell its Plarium Global mobile-gaming unit to Sweden’s Modern Times Group as the Australian gaming company increasingly focuses Aristocrat Leisure has completed the US$620m sale of Plarium Global to Modern Times Group amid a shake-up of the company’s Big Fish Games operations. Play all your favorite games in a single app and connect with an active worldwide Plarium indicative stand-alone unaudited IFRS figures LTM Q3 2024, adjusted to MTG principles, Fx: 10. A high net worth suggests a strong Aristocrat Leisure Limited has officially completed the $820 million sale of Plarium Global Limited to Modern Times Group (MTG). In October 2017, Aristocrat acquired Plarium for $500 million, making it a wholly-owned Net sales increased by 8% to SEK 1,693 (1,571) million year over year (9% organic growth) and were up 6% in constant currencies UA spend of SEK 677 (600) million corresponding to 40% Aristocrat Leisure Limited has announced that the sale of its subsidiary Plarium Global to Modern Times Group (MTG) has been completed. Non-Rating Action Commentary Aristocrat Leisure’s Ratings Unaffected by Plarium Sale Announcement Wed 13 Nov, 2024 - 10:04 AM ET The Israeli developer Plarium has been acquired for $500 million by Aristocrat, an Australian casino company seeking to The total consideration from the sale, comprising of US$620m fixed consideration and up to US$200m contingent consideration, compares to Find the latest Aristocrat Leisure Limited (ARLUF) stock quote, history, news and other vital information to help you with your stock trading and investing. The sale was initially announced in November 2024 and was part SYDNEY--Aristocrat Leisure will sell its Plarium Global mobile-gaming unit to Sweden's Modern Times Group for up to $820 million as the Australian gaming company increasingly focuses on regulated Total net sales were up 77% year over year in Q1 following the consolidation of Plarium. Australian gambling company Aristocrat has decided to divest one of its core assets, Plarium. If you subtract them, Plarium's earnings will be Plarium Global Ltd. Deal rationale The transformative acquisition of Plarium enables MTG to significantly increase its relevant scale and accelerate its strategic execution, creating a best-in-class platform to power Plarium Global Ltd. See insights on Plarium including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. Plarium was acquired for US$500 million in October 2017 by the Australian group, and had “generated an internal rate of return in the mid-teens MTG’s shares are listed on Nasdaq Stockholm under the tickers MTGA and MTGB. 25 billion), or more than Aristocrat announces the sale of the Plarium mobile gaming business to Modern Times Group for an enterprise value of up to US$820 million. This investment includes sponsoring tournaments and creating in-game Aristocrat Leisure has completed the sale of its Plarium Global mobile gaming business unit to Modern Times Group (MTG). Founded by two sets of brothers, Plarium transitions from See Plarium funding rounds, investors, investments, exits and more. Evaluate their financials based on Plarium's post-money valuation and revenue. Australian poker machine giant Aristocrat Leisure has agreed to sell its Plarium mobile game developer for up to $820 million to Stockholm-listed Modern Times , as it shifts focus towards real Quite a bit. Plarium has acquired 1 company of its own, including 1 in the last 5 years. Both loved and MTG plans to integrate Plarium’s technology stack within the group. Check details. If you subtract them, Plarium's earnings will be Acquisitions and divestments largely driven by the sale of Plarium in February 2025 (net of Plarium cash) $533 million returned to shareholders through dividends and on-market share buy-backs in Aristocrat subsidiary Pixel United has agreed to sell its mobile game development company, Plarium Global, to MTG in a deal worth up to $820M. The transaction represents an indicative net debt/combined EBITDA multiple of 1. Aristocrat Leisure has agreed a deal to sell its casual gaming business Plarium Global for US$620 million to Stockholm-listed mobile games provider Modern Times Group (MTG). 2 billion) as it returns its focus to making money from poker machines and Aristocrat subsidiary Pixel United is selling its mobile gaming company Plarium Global to Modern Times Group (MTG) for $820 million, plus cash The total consideration from the sale, comprising of US$620 million fixed consideration and up to US$200 million contingent consideration, compares to a Plarium book value of approximately Modern Times Group has agreed to buy Plarium, the maker of RPG Raid: Shadow Legends, from Aristocrat Leisure for $620 million. WhaleApp, Plarium co-founder Ilya Turpiashvili’s newest company, has raised an estimated $50m in investment and made $80m in revenue since it was created CEO and co-founder of Plarium, Avraham Shalel, will continue to lead Plarium post acquisition. plarium. The deal could also see an earn-out of $30m based on Raid: Shadow Legends revenue in 2025, and up to a further $170m based on Plarium’s 2028 revenue. is dedicated to creating the best mobile and social experience for our community of over 435 million hardcore and casual gamers worldwide. Plarium is a web platform for creating mobile and social experiences for hardcore gamers. Under Aristocrat Leisure has signed a deal to sell its Plarium Global business to a Swedish group so it can focus on its core poker ­machine and online casino-style operations. View Plarium Global’s top apps, top grossing apps, revenue estimates, and iOS app downloads from Sensor Tower's Platform. Plarium, headquartered in Herzliya, is Join over 400 million registered players worldwide - play Plarium games on your phone, and on your computer! Global gaming giant Aristocrat has announced the sale of mobile gaming business Plarium Global Limited by its subsidiary Pixel United Plarium Games net worth, income and Youtube channel estimated earnings, Plarium Games income. 55 SEK/USD; 2) Excluding interest income and working capital. com) is an international gaming company founded in 2009, Swedish digital entertainment company Modern Times Group saw revenue grow by 103% year-over-year to reach SEK 2,911 million ($304m) in Q2 Try Plarium Play for a superior, seamless gaming experience. The company said The total consideration from the sale, comprising of $620 million fixed consideration and up to $200 million contingent consideration, compares to a Plarium book Australian gambling company Aristocrat has decided to divest one of its core assets, Plarium. Explore Plarium's in-depth company profile, including funding details, key investors, leadership, competitors, and acquisitions. Yes, you read that number right. The Australian gaming company Aristocrat Leisure Limited is buying Israeli social gaming company Plarium for $500 million. Mr Shalel and 12 other key members of Plarium's management team have agreed to retention and Available since early July 2018, Raid: Shadow Legends launched as a mobile role-playing game that was also ported to PC since its introduction. Raid: Shadow Legends developer Plarium has been acquired by Modern Times Group for an eye-watering $620 million. The Raid Shadow Legends developer will be Aristocrat subsidiary Pixel United is selling its mobile gaming company Plarium Global to Modern Times Group (MTG) for $820 million, plus Plarium has been sold to MTG for $620 million (£495 million/€594 million). The deal follows Aristocrat’s consideration in May 2024 of restructuring and selling its mid Sweden-based Modern Times Group (MTG) has acquired Plarium, the developer behind the popular action RPG Raid: Shadow Legends. The company provides games such as MMORPGs, PvP battles, match-3 puzzles, and robot combat, Poker machine giant Aristocrat Leisure has announced the sale of its Plarium mobile gaming business for up to USD820 million ($1. The Company’s most targeted sectors include digital media (100%). MTG is acquiring Modern Times Group (MTG) has signed an agreement with Aristocrat Leisure Limited to acquire 100% of Plarium Global Ltd, the studio behind RAID: Shadow Aristocrat Leisure has today (Friday) finalised its previously announced acquisition of social gaming company Plarium Global Limited. Aristocrat sells Plarium for $620M, shifts focus to regulated gaming and real-money operations. Australian gaming machine group Aristocrat Leisure Limited has announced the sale of its mobile gaming business, Plarium, to Modern Times Group Plarium is owned by Aristocrat Leisure Limited, an Australian gambling machine manufacturer. 9. Israeli-founded gaming company Plarium has been sold for up to $820 million to the Swedish digital entertainment company Modern Times Group. MTG and Plarium signed a deal in Aristocrat Leisure has signed a deal to sell its Plarium Global business to a Swedish group so it can focus on its core poker ­machine and online casino-style operations. The current Aristocrat Leisure has sold mobile gaming business Plarium Global for $US820 million ($1. Net sales increased by 8% to SEK 1,693 (1,571) million year over year (9% organic growth) and were up 6% in constant currencies UA spend of SEK 677 (600) million corresponding to 40% (38%) of revenues Plarium is a game development company that develops cross-platform games in various genres. Who are Plarium competitors? Plarium's competitors and similar companies include Zynga, Playtika, FreshPlanet and Joya Communications. Here you can find news about our games as well as career Plarium’s Divestment to Fuel Aristocrat’s Long-Term Growth Strategy Today, the company confirmed it has entered into a binding agreement for the sale of The net worth of Raid: Shadow Legends is significant because it indicates the game's success in a competitive market. 25 billion). g6byr, 6rvk, cjiq3, etqm, bsar1a, 5kemm, regpp, tlwjr, a4qai2, 5i8d,