$NAZARA

Brokerage firm Choice Broking expects Nazara Technologies' revenue to grow 10.8% QoQ, supported by stable performance across the gaming portfolio, with the AdTech business and Fusebox driving growth. The timing of BlueTile's consolidation in Q1 remains uncertain and could be deferred to subsequent quarters. The brokerage firm further anticipates the EBITDAM to decline by 750 bps QoQ, due to weakness in Curve Games following strong Q4 billings and continued pressure in AdTech amid a softer monetisation environment.