MAG Interactive AB Reports Earnings Results for the Full Year Ended August 31, 2021
October 20, 2021 at 02:00 am EDT
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MAG Interactive AB (publ) reported earnings results for the full year ended August 31, 2021. For the full year, the company reported sales was SEK 321.61 million compared to SEK 245.67 million a year ago. Revenue was SEK 324.98 million compared to SEK 247.71 million a year ago. Net income was SEK 7.03 million compared to net loss of SEK 17.37 million a year ago. Basic earnings per share from continuing operations was SEK 0.27 compared to basic loss per share from continuing operations of SEK 0.66 a year ago. Diluted earnings per share from continuing operations was SEK 0.25.
MAG Interactive AB (publ) is a Sweden-based developer and publisher of mobile games. The Company offers free-to-play games, in which the players make in application purchases of virtual items or gameplay benefits. The Companyâs portfolio comprises word games, a puzzle game and trivia games; it includes Ruzzle, Ruzzle Adventure, WordBrain, WordBrain 2, Wordalot, Potion Pop, QuizDuel, Pixduel, QuizCross and Backpacker. The games are distributed through virtual stores, such as Google Play and App Store, for operating systems Android and iOS respectively. The Company operates FEO Media AB as subsidiary.
MAG INTERACTIVE AB 
