Enad Global 7 Posts Strong Q4 2021 Results with High Hopes for MTGO

The Ancient Gaming Noob

Enad Global 7 posted their Q4 2021 and overall 2021 financial results this week.

Enad Global 7

As reported elsewhere, it was a good quarter for the company, with revenue up significantly.

While services made a huge leap in revenue, with the split between services and games being 60/40 in Q4 2021, the whole revenue stack for Q4 2021 dwarfs what it was for Q4 2020 when EG7 was in the process of acquiring Daybreak.

EG7 Q4 2021 slide 8

That said, while Daybreak remains the dominant part of EG7’s game segment, and grew slightly in Q4, I do wonder why it didn’t grow more.

Q3 vs Q4 Games Revenue

Those values are in Swedish Krona, but it is close enough to equal to the US Dollar at the moment as to make no difference for a chart.  Q4 saw Daybreak launch three expansions, with Lord of the Rings Online

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