Forgame Holdings Limited 00484 34 2410 1
309,457 337,452-8.3% 118,285 250,511-52.8% (9,237) (21,645) -57.3% (14,899) (21,773) -31.6% (8,396) (3,447) 143.6% EBITDA 1,577 504 212.9% EBITDA EBITDA 324% 61% 21.8 14.9 2
5 200 3
10 A 4
13 11 20 beta 1 3.14 25 39 25 16 9 91wan 2.24 94 94 23 71 5
MPUs (1) 785 502 ARPPU (2) 60 77 224,223 220,319 MPUs (1) 12 61 ARPPU 367 287 (1) MPU (2) ARPPU MPU MPUs 502,000 785,000 MPUs ARPPU 77 60 ARPPU ARPPU 91wan 2.20 2.24 2% MPUs 61,000 12,000 ARPPU 287 367 MPUs ARPPU ARPPU 6
309,457 337,452-8.3% (191,172) (86,941) 119.9% 118,285 250,511-52.8% (28,180) (95,879) -70.6% (39,252) (44,094) -11.0% (78,527) (128,961) -39.1% 17,147 16,372 4.7% (402) (19,594) -97.9% 1,692 (9,237) (21,645) -57.3% 4,702 11,013-57.3% (6,377) 4,702 4,636 1.4% (4,949) (1,598) 209.7% (9,484) (18,607) -49.0% (5,415) (3,166) 71.0% (14,899) (21,773) -31.6% 7
3.375 8.3% 3.095 282,456 91.3 232,212 68.8 27,001 8.7 105,240 31.2 309,457 100.0 337,452 100.0 189,207 61.1 44,590 13.2 120,250 38.9 292,862 86.8 309,457 100.0 337,452 100.0 2.322 21.6% 2.825 1.052 74.3% 27.0 MPUs 44.6 324.3% 1.892 8
2.929 58.9% 1.203 (i) (ii) 86.9 119.9% 1.912 25.8% 61.8% 182,982 95.7 65,187 75.0 8,190 4.3 21,754 25.0 191,172 100.0 86,941 100.0 65.2 180.7% 1.830 21.8 62.4% 8.2 91wan 9
95.9 70.6% 28.2 91wan 44.1 11.0% 39.3 (i) (ii) 1.290 39.1% 78.5 16.4 17.1 (i) 10.9 14.3 (ii) 5.5 2.8 0.4 19.6 1.7 30% 40% 30% 9 10
4.7 4.6 4.9 1.6 3.2 71.0% 5.4 14.9 21.8 (i) (ii) (iii) EBITDA EBITDA EBITDA 11
( ) ( ) (14,899) (21,773) 6,503 18,326 (8,396) (3,447) 23,557 20,483 (18,999) (19,698) 5,415 3,166 EBITDA 1,577 504 16.313 14.010 2.456 12.766 10.561 12
1,022,580 851,051 5,712 896 200,000 200,000 1,228,292 1,051,947 12.283 10.519 0%0% 2.583 22.8 13
(i) (ii) (iii) (iv) 212 52 12 1,104 2,629 18,955 9,698 20,059 12,327 14
20.1 12.3 7.8 9.3 0.6 20% 50% 2% 6% 15
14% 38% 24% 62% 805 1,643 488 61% 114 14% 25 3% 178 22% 805 100% 16
13.80 1,316,900 18,168,000 14,332,000 17
3 309,457 337,452 3 (191,172) (86,941) 118,285 250,511 (28,180) (95,879) (39,252) (44,094) (78,527) (128,961) 17,147 16,372 (402) (19,594) 1,692 4 (9,237) (21,645) 4,702 11,013 (6,377) 4,702 4,636 (4,949) (1,598) (9,484) (18,607) 5 (5,415) (3,166) (14,899) (21,773) 18
177 19,631 177 19,631 177 19,631 (14,722) (2,142) (14,450) (21,773) (449) (14,899) (21,773) (14,273) (2,142) (449) (14,722) (2,142) 6 (0.11) (0.17) (0.11) (0.17) 7 19
34,884 43,365 79,503 79,284 55,619 45,126 21,057 21,054 8 151,090 138,140 3,949 7,181 11,414 18,310 357,516 352,460 9 92,077 90,212 65,342 64,601 200,000 200,000 1,028,292 851,947 640 1,386,351 1,206,760 1,743,867 1,559,220 20
92 80 2,180,160 1,934,534 (109,241) (117,075) (439,667) (425,217) 1,631,344 1,392,322 8,724 1,631,344 1,401,046 687 687 2,037 6,866 2,724 7,553 10 39,537 25,927 53,781 95,533 403 16,481 28,758 109,799 150,621 112,523 158,174 1,743,867 1,559,220 1,276,552 1,056,139 1,634,068 1,408,599 21
1 Osiris International Cayman Limited Suite #4 210, Governors Square, 23 Lime Tree Bay Avenue, P.O. Box 32311, Grand Cayman KY1 1209, Cayman Islands 2 34 2 8 13 22
3 9 37 39 19 24 16 40 3 23
282,456 27,001 309,457 (182,982) (8,190) (191,172) 99,474 18,811 118,285 13,313 1,073 14,386 232,212 105,240 337,452 (65,187) (21,754) (86,941) 167,025 83,486 250,511 14,523 1,442 15,965 283,058 26,399 309,457 24
307,753 29,699 337,452 189,207 44,590 120,250 292,862 309,457 337,452 10% 309,457,000 337,452,000 25
4 152,639 33,641 92,290 156,866 22,841 88,289 12,587 22,114 9,043 10,249 14,514 10,234 (14,297) (10,901) 84 19,474 318 120 (1,692) 5 (1,481) 10,674 6,896 (7,508) 5,415 3,166 (a) (b) 16.5% 26
(c) 17% (d) 25% 15% 15%15% 12.5%12.5% 150% (e) 10% 10% 5% 27
6 (a) (14,450) (21,773) 130,062,163 126,836,006 (0.11) (0.17) (b) 7 8 138,140 32,000 a 12,950 80,500 151,090 112,500 28
(a) 12,950,000 (b) 33.0% 9 96,798 94,409 (4,721) (4,197) 92,077 90,212 (a) 0-30 35,095 37,556 31-60 15,653 18,492 61-90 18,165 10,016 91-180 16,042 16,849 181-365 5,520 2,258 6,323 9,238 96,798 94,409 60 180 11,502,000 11,052,000 29
10 0-30 11,482 7,714 31-60 2,973 4,368 61-90 5,214 2,369 91-180 15,170 8,022 181-365 4,510 3,299 1 2 188 155 39,537 25,927 30
A.2.1 A.2.1 31
10% 14.78 220,000 14.98 14.68 10% 3.21 C.3 D.3 LEVIN Eric Joshua LEVIN Eric Joshua 3.10(2) 3.21 32
982.8 301.7 240.6 58.5 2.6 605.7 (www.hkexnews.hk) (www.forgame. com) LEVIN Eric Joshua 33