Cybergun: share price rises, licensing agreement with Shadow
April 03, 2023 at 06:32 pm IST
Share
Cybergun shares are in demand on the Paris Bourse on Monday, following the signature of a new licensing agreement, this time with Shadow Systems.
At around 2.30pm, shares in the French leisure shooting specialist were up 10%, with volumes already more than double those of Friday's session alone. At the same time, the CAC Mid & Small index was stable.
Cybergun announced this morning that it had signed an exclusive worldwide license with a major US arms manufacturer, Shadow Systems, a Texas-based group specializing in the production of parts and accessories for firearms, mainly Glocks.
Shadow's product range includes parts and accessories such as barrels, bolts, frame frames, trigger kits, magazines, sights and tactical lights.
In addition to these individual parts, Shadow also offers complete Glock pistols, as well as conversion kits for existing pistols.
This agreement is a further step forward for the French group, which last month announced a similar licensing agreement with the American Century Arms.
As a reminder, the Cybergun group holds exclusive, worldwide brand licenses from over 20 real-world weapons manufacturers, enabling it to faithfully reproduce each of the rightful owners' weapons.
The company points out that these licensing contracts - signed for several years (10 years on average) in return for annual royalty payments - are not reflected in its accounts, nor in the value of the company, despite an estimate of over 20 million euros.
Copyright (c) 2023 CercleFinance.com. All rights reserved.
CYBERGUN is the world leader in designing and distributing replica dummy weapons for video game aficionados, sport or outdoor shooting, and collectors. The activity is organized around two families of products:
- replica weapons: 1/1-scale replica which shoots 6-mm plastic balls. At the end of March 2023, CYBERGUN had 21 exclusive worldwide or European licenses (primarily Smith & Wesson, Famas, Desert Eagle, Colt, Taurus, Uzi, Mossberg, Tanfoglio, Schmeisser, Thompson, Sig Sauer, Kalashnikov, DPMS Blaser and Beretta);
- accessories and consumables: goggles, targets, plastic pellets, gas reloads, etc.
The products are manufactured by subcontractors.
Products are mainly marketed through wholesalers and specialty stores (gunsmiths, hunting and fishing stores, toy and video game stores), and also through large distribution chains.
CYBERGUN 
