The Dust mulls NewConnect IPO in Q3
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Mobile game producer The Dust, part of the Tech Invest Group portfolio is planning an IPO on the small cap alternative NewConnect market by Q3 “at the latest,” the company said in a market filing. “The company is developing very dynamic, which in turn has increased our financial results. In Q1 this year, we had PLN 237k net profit, while in the whole 2016, that figure stood at PLN 73k. We’ve increased our position on the advertgaming segment, now we want to focus on developing apllications under our own brand. In 2017, we plan on releasing 2-3 free to play games,” company’s CEO Jacek Strzelecki said.
