Heungkuk Securities offered its investment opinion "Buy" and target price of 270,000 won on the 15th, saying it is time for Wemade to be evaluated as a game platform such as the Play Store, App Store and Steam.
"Sales of the Wemix platform have begun to be generated with the launch of Mir 4 Global," Heungkuk Securities said. "Despite receiving fees incurred by Wemix Wallet in virtual currency, it is positive that it is possible to make accounting recognition.".
The industry is paying attention to the fact that WeMade has diversified its business portfolio in just a year. Some predict that there will be stable and significant growth as sales of Mir IP's own development works and Wemix platforms are emerging.
"There is no limit to growth because platform sales increase whenever external developer games are added to the Wemix ecosystem," Heungkuk Securities said. "Therefore, it is time for WeMade to be evaluated as a game platform such as Play Store, App Store, and Steam.".
Reporter Lee Dong-hoon usinvestmentidea2020@gmail.com
