Stillfront Group AB Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
October 26, 2022 at 01:00 am EDT
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Stillfront Group AB (publ) reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was SEK 1,947 million compared to SEK 1,427 million a year ago. Net income was SEK 83 million compared to SEK 128 million a year ago. Basic earnings per share from continuing operations was SEK 0.16 compared to SEK 0.35 a year ago. Diluted earnings per share from continuing operations was SEK 0.16 compared to SEK 0.35 a year ago.
For the nine months, sales was SEK 5,724 million compared to SEK 4,351 million a year ago. Net income was SEK 345 million compared to SEK 420 million a year ago. Basic earnings per share from continuing operations was SEK 0.73 compared to SEK 1.17 a year ago. Diluted earnings per share from continuing operations was SEK 0.73 compared to SEK 1.16 a year ago.
Stillfront Group AB (publ) is a Sweden-based independent creator, publisher and distributor of digital games. The Company operates through a number of near-autonomous subsidiaries, including Bytro Labs in Germany, Coldwood Interactive in Sweden, Power Challenge in the United Kingdom and Sweden, and Dorado Online Games in Malta, Simutronics in the United States, and Babil Games in United Arab Emirates and Jordan, among others. The Company's games portfolio includes Call of War, DragonRealms, ManagerZone Football, Lara Croft Relic Run, Supremacy 1914 and Unravel, among others. The games are distributed globally, however the main markets are Sweden, Germany, the United States, United Kingdom, Middle East and North Africa.
STILLFRONT GROUP AB 
