Second fastest growing listed tech company in Europe with revenues over 5 MEUR is polish mobile game studio Ten Square Games that increased revenues by 129 in Q4 2020. The company focuses on the production of hobby games distributed in a free-to-play model, with titels like Fishing Clash, Hunting Clash and Wild Hunt.
In the segment listed European tech companies with revenues over 5 MEUR, Danish game-based learning platform Kahoot tops the list with revenue growth of staggering 247% in 2020. Unlike many other fast growing tech companies, Kahoot actually turned to profit on EBITDA level in 2020, with strong growth in paid subscriptions, reaching 550 K in Q4 2020. Now Kahoot targets doubling invoiced revenue again in 2021.
This strong development has not gone unnoticed by the stock market as the Kahoot share price is up +700% in the past year.
