Stillfront Group AB Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
July 21, 2023 at 01:00 am EDT
Share
Stillfront Group AB (publ) reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was SEK 1,960 million compared to SEK 1,962 million a year ago. Net loss was SEK 57 million compared to net income of SEK 117 million a year ago. Basic loss per share from continuing operations was SEK 0.11 compared to basic earnings per share from continuing operations of SEK 0.23 a year ago. Diluted loss per share from continuing operations was SEK 0.11 compared to diluted earnings per share from continuing operations of SEK 0.23 a year ago.
For the six months, sales was SEK 3,876 million compared to SEK 3,777 million a year ago. Net income was SEK 2 million compared to SEK 262 million 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 
