QUOTE AND NEWS
SeekingAlpha  Jul 21  Comment 
By Renu Singh: The recruitment of Don Mattrick as Zynga (NASDAQ:ZNGA) CEO was supposed to turn around the company's prospects, but a look at the stock's performance so far this year indicates that not much has changed on the surface. Zynga shares...
TheStreet.com  Jul 18  Comment 
NEW YORK (TheStreet) -- TheStreet Ratings team rates Zynga Inc.  as a "sell" with a ratings score of D. Shares of Zynga are up 0.97% to $3.11 on Friday. TheStreet Ratings Team has this to say about their recommendation: Must Read: Warren...
Motley Fool  Jul 17  Comment 
Should long-term investors like the sudden success of Glu Mobile's Kim Kardashian Hollywood game?
Motley Fool  Jul 15  Comment 
Kim Kardashian is helping Glu Mobile shareholders.
TechCrunch  Jul 15  Comment 
 London Venture Partners (LVP) has announce a new early stage seed fund focused primarily on the European games sector. The eponymously named ‘LVP Seed Fund I’ is LVP’s first fund raised from third party investors. Backers of the new fund...
Motley Fool  Jul 15  Comment 
Learn why Glu Mobile is one of the best performing social gaming stocks this year.
Motley Fool  Jul 14  Comment 
Should Twitter be held accountable for Cynk Technologies’ ridiculous 25,000% rally?
Motley Fool  Jul 14  Comment 
King Digital Entertainment and Glu Mobile are rolling while Zynga is reeling.
Market Intelligence Center  Jul 11  Comment 
Zynga (ZNGA) is a maker of socially interactive games. The company's games can be played on mobile devices, on Zynga's website, or on a social media website, e.g., Facebook (FB). Zynga went public in 2012, and many pundits trumpeted ZNGA stock as...
Motley Fool  Jul 11  Comment 
King Digital Entertainment shares have recovered, but how can the growth continue?




 
TOP CONTRIBUTORS

Zynga (NASDAQ:ZNGA) develops social game to be played on there internet. In particular, Zynga has focused on developing games to be played on Facebook, the social network platform. The games are meant to be easily accessed and social in nature. Because the games are deployed online, updates and changes can be made continuously. Rather than charging consumers for individual use, Zynga offers its games for free. Instead, the company makes money by advertising and selling virtual goods through the games.[1]


Business Overview

For the full year 2010, Zynga report a total revenue of $597M. This was a 393% increase over the $121M reported for 2009. The company's net income for 2010 was $91M. The previous year, Zynga reported a net loss of $53M.[2]


New Updates

The company's initial public offering of stock on the NASDAQ occurred on December 15, 2011. The company offered 100M shares each for $10. This was at the high end of the $8.5-$10 price range. The deal raised a total of $1B. The lead managers of the deal were Morgan Stanley and Goldman.[3]

Trends & Forces

Reliance on Facebook

While Zynga plans to create social games in general, the company has historically heavily focused on Facebook. This relationship works well for Facebook as Zynga's games encourage individuals to pass more time on the site. However, if Facebook decides to enter the game space, the two would become direct competitors. This is problematic for Zynga as its games run of Facebook's platform. Furthermore, even if Zynga does diversify to other social platforms, it will still be reliant on the platforms cooperation.[4]

  1. ZNGA S-1/A 2011 PROSPECTUS SUMMARY "Overview" pp.1-2
  2. ZNGA S-1/A 2011 PROSPECTUS SUMMARY "Summary Consolidated Financial Data" pp.9-10
  3. Renaissance Capital - IPO Home "Zynga prices high-profile deal at $10 in largest tech IPO since Google" 15 Dec 2011
  4. Seeking Alpha "7 Reasons to Ignore the Zynga IPO Hype" 14 Dec 2011
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki