-56%

est. 2Y upside i

Series A

Rank

#3352

Sector

Mobile Gaming

Est. Liquidity

~3Y

Data Quality

Data: Low

Given the stale valuation of $375M based on a 2017 Series A, declining revenue of $45.4M, and high incumbent threat, the expected equity upside over 2 years is -56%.

Last updated: July 3, 2026

Bull (15%)-3%

If Hutch Games capitalizes on its strong IP portfolio and an IPO window opens, the revenue multiple could sustain at 8x, but flat revenue leads to a slight decline in valuation, resulting in a -3% return.

Base (35%)-52%

As a mature, profitable mobile gaming company with declining revenue, the revenue multiple converges to public comps around 4x, leading to a -52% return.

Bear (50%)-76%

Intensified competition from major gaming giants and regulatory headwinds compress the multiple to 2x, resulting in a -76% return.

Est. time to liquidity~3.0 years

Preference Stack Risk

low

Funding Intensity

169%

Total preferred funding of $6.34M is only 1.7% of valuation, so preference overhang is minimal.

Dilution Risk

low

Company is profitable and has not raised capital in 9 years; no near-term raise expected.

Secondary Liquidity

none

No secondary market activity; no IPO or M&A signals.

Other 1 role

View all 1 open roles at Hutch Games

Last updated: March 10, 2026

Questions to Ask at the Interview

Strategic questions based on Hutch Games's data — designed to show you've done your homework.

  • 1

    How does Hutch plan to reverse the revenue decline?

  • 2

    What is the company's strategy to compete against EA's F1 mobile game?

  • 3

    Given the stale valuation, how does the company value employee equity?

Community

Valuation Sentiment

Our model estimates -56% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.