Smartkarma AI, Smartkarma

αSK

Smartkarma AI

Smartkarma

Smartkarma unites the fragmented investment industry, connecting institutional investors, independent research providers, and corporates within a single network.

Research Reinvented

Equity Bottom-Up

Gumi Inc. operates as an entertainment software company. The Company develops and sells mobile online games.

<ul>
  <li>Strategic Pivot to Web3 and Metaverse: Gumi is aggressively shifting its focus from a reliance on hit-driven mobile games to becoming a comprehensive Web3 enterprise, underscored by strategic partnerships with Square Enix and SBI Holdings, and significant investments in cryptocurrencies like XRP and Bitcoin.</li>
  <li>Financial Volatility and Restructuring: The company has experienced significant financial turbulence, with a substantial net loss in FY24 driven by underperforming titles, leading to the discontinuation of flagship games, workforce reductions, and a halt in the development of high-risk original titles.</li>
  <li>Leveraging Existing IP for Future Growth: Despite sunsetting major titles, Gumi plans to leverage its well-known 'Brave Frontier' IP for a new Web3 game, 'Brave Frontier Versus', in partnership with the Sui Foundation, aiming to blend its established brand with new blockchain-based gaming experiences.</li>
</ul><p><em>This content is AI-generated and displayed for general informational purposes only. Please verify independently before use.</em></p>


  Strategic Pivot to Web3 and Metaverse: Gumi is aggressively shifting its focus from a reliance on hit-driven mobile games to becoming a comprehensive Web3 enterprise, underscored by strategic partnerships with Square Enix and SBI Holdings, and significant investments in cryptocurrencies like XRP and Bitcoin.
  Financial Volatility and Restructuring: The company has experienced significant financial turbulence, with a substantial net loss in FY24 driven by underperforming titles, leading to the discontinuation of flagship games, workforce reductions, and a halt in the development of high-risk original titles.
  Leveraging Existing IP for Future Growth: Despite sunsetting major titles, Gumi plans to leverage its well-known 'Brave Frontier' IP for a new Web3 game, 'Brave Frontier Versus', in partnership with the Sui Foundation, aiming to blend its established brand with new blockchain-based gaming experiences.
This content is AI-generated and displayed for general informational purposes only. Please verify independently before use.

Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Meta Platforms Inc. operates as a social technology company. The Company builds applications and technologies that help people connect, find communities, and grow businesses. meta Platform is also involved in advertisements, augmented and virtual reality.

<ul><li>Meta Platforms, Inc. recently reported robust third-quarter results, marked by significant growth and notable strategic advancements in artificial intelligence (AI) and augmented reality (AR).</li><li>The company saw strong user engagement across its family of apps, with more than 3.5 billion active users daily and Instagram surpassing 3 billion monthly active users.</li><li>Mark Zuckerberg pointed to the growing traction of Threads, boasting 150 million daily active users, as an indicator of strategic success.</li></ul>

Meta Platforms, Inc. recently reported robust third-quarter results, marked by significant growth and notable strategic advancements in artificial intelligence (AI) and augmented reality (AR).The company saw strong user engagement across its family of apps, with more than 3.5 billion active users daily and Instagram surpassing 3 billion monthly active users.Mark Zuckerberg pointed to the growing traction of Threads, boasting 150 million daily active users, as an indicator of strategic success.

Meta’s $70 Billion Mistake: Why Cutting the Metaverse Isn’t Enough!

Roblox Corporation provides entertainment products and services. The Company designs and develops a wide range of online games such as internet three-dimensional and tutorial games for kids, teens, and adults. Roblox serves customers worldwide.

<ul><li>Roblox Corporation's third-quarter results for 2025 demonstrated both significant progress and challenges as the company continues to evolve its business model in the gaming industry.</li><li>The company reported a revenue of $1.36 billion, marking a 48% year-on-year increase, and bookings rose by 70% to $1.92 billion.</li><li>This growth is attributed to the platform’s expansion and innovative enhancements, as Roblox now captures approximately 3.2% of the global gaming market, up from 2.3% the previous year.</li></ul>

Roblox Corporation's third-quarter results for 2025 demonstrated both significant progress and challenges as the company continues to evolve its business model in the gaming industry.The company reported a revenue of $1.36 billion, marking a 48% year-on-year increase, and bookings rose by 70% to $1.92 billion.This growth is attributed to the platform’s expansion and innovative enhancements, as Roblox now captures approximately 3.2% of the global gaming market, up from 2.3% the previous year.

Is Roblox Building the Metaverse 2.0? Here’s What Their AI & Creator Economy Reveal!

Investment Strategist, Transparently.AI

Mark Jolley

Investment Strategist

AI detection of accounting fraud and manipulation

Transparently.AI

Fraud and manipulation of their numbers see companies lose USD1 trillion+ per year for their stakeholders. Transparently.AI has developed an AI system that determines:

1. The likelihood that a company is committing fraud/serious manipulation of their books;
2. Whether it is serious enough to result in total corporate failure;
3. Estimated $ losses to stakeholders;
4. How that manipulation/fraud evolves through time; and
5. Detailed analytics on the forms of manipulation/fraud (e.g. which parts of the accounts, what tricks of the trade, questions for analysts to ask management, where/how to investigate further, etc.).

This is effectively automating the analysis of forensic accountants, activist short sellers, credit analysts, etc to do work that would typically take weeks per company, and instead run it in seconds and for thousands of companies simultaneously.

Critically, this solution frequently alerts users to the presence of serious manipulation risk up to 2-3 years in advance of the wider market and short sellers becoming aware of problems.

Forensic Accounting

<ul>
<li>The evolution of the metaverse gives rise to new business models that present new challenges for corporate reporting and accounting.</li>
<li>Transparently' s AI system has picked up some concerning signals about Roblox’s accounting quality.</li>
<li>However, some of these can be explained by the uniqueness of its metaverse-driven revenue model. </li>
</ul>


The evolution of the metaverse gives rise to new business models that present new challenges for corporate reporting and accounting.
Transparently' s AI system has picked up some concerning signals about Roblox’s accounting quality.
However, some of these can be explained by the uniqueness of its metaverse-driven revenue model. 


Roblox (RBLX) And the Accounting Challenges Posed by the Metaverse

Geopolitical Analyst, Steno Research, Steno Research

Mikkel Rosenvold

Geopolitical Analyst, Steno Research

Macro and Geopolitical Research House

Steno Research

Steno Research is a new macro and geopolitical research house. We are based out of Copenhagen, Denmark, but have an international team and a strong network of sources and partners around the world. The team is lead by Andreas Steno, previous global head of strategy at Nordea Bank, and Mikkel Rosenvold, former chief consultant in the Danish Ministry of Finance.

Macroeconomics

<ul>
<li>In an era that’s increasingly defined by technology, geopolitics too has embraced the trend. Case in point, the Shanghai Cooperation Organisation (SCO) Summit.</li>
<li>This year, the meeting is taking place virtually, with India taking on the mantle of host, guiding the event seamlessly through cyberspace – or should we say the SCO Metaverse?</li>
<li>Let’s take a look at the main acts and what we will remember.</li>
</ul>


In an era that’s increasingly defined by technology, geopolitics too has embraced the trend. Case in point, the Shanghai Cooperation Organisation (SCO) Summit.
This year, the meeting is taking place virtually, with India taking on the mantle of host, guiding the event seamlessly through cyberspace – or should we say the SCO Metaverse?
Let’s take a look at the main acts and what we will remember.


The Great Game - A Drunk Uncle in the Metaverse

Metaverse
Insights on the Metaverse

Primer: Gumi Inc (3903 JP) - Dec 2025

Strategic Pivot to Web3 and Metaverse: Gumi is aggressively shifting its focus from a reliance on hit-driven mobile games to becoming a...

αSK

Meta’s $70 Billion Mistake: Why Cutting the Metaverse Isn’t Enough!

Meta Platforms, Inc. recently reported robust third-quarter results, marked by significant growth and notable strategic advancements in artificial...

Baptista Research

Is Roblox Building the Metaverse 2.0? Here’s What Their AI & Creator Economy Reveal!

Roblox Corporation's third-quarter results for 2025 demonstrated both significant progress and challenges as the company continues to evolve its...

Baptista Research

Roblox (RBLX) And the Accounting Challenges Posed by the Metaverse

The metaverse's evolution creates new business models with challenges for corporate reporting. Concerning signals about Roblox's accounting...

Mark Jolley

The Great Game - A Drunk Uncle in the Metaverse

What is being discussed at the authoritarian's club - the SCO? What is the mood like after the Prigozhin rebellion? We give you the latest.

Steno Research

Primer: Gumi Inc (3903 JP) - Dec 2025

Strategic Pivot to Web3 and Metaverse: Gumi is aggressively shifting its focus from a reliance on hit-driven mobile games to becoming a...

αSK

Meta’s $70 Billion Mistake: Why Cutting the Metaverse Isn’t Enough!

Meta Platforms, Inc. recently reported robust third-quarter results, marked by significant growth and notable strategic advancements in artificial...

Baptista Research

Is Roblox Building the Metaverse 2.0? Here’s What Their AI & Creator Economy Reveal!

Roblox Corporation's third-quarter results for 2025 demonstrated both significant progress and challenges as the company continues to evolve its...

Baptista Research

Roblox (RBLX) And the Accounting Challenges Posed by the Metaverse

​The metaverse's evolution creates new business models with challenges for corporate reporting. Concerning signals about Roblox's accounting...

Mark Jolley

The Great Game - A Drunk Uncle in the Metaverse

What is being discussed at the authoritarian's club - the SCO? What is the mood like after the Prigozhin rebellion? We give you the latest.

Steno Research

The metaverse's evolution creates new business models with challenges for corporate reporting. Concerning signals about Roblox's accounting...