Stillfront Group AB

SF

Equity

ISIN SE0015346135 / Valor 59017394

NASDAQ Nordic Exchange Stockholm, Equities (2024-09-18)

SEK 7.30+1.32%

Stillfront Group AB
UMushroom community rating:

0.00 0 votes No rating yet

NegativeNeutralPositive

About company

Stillfront Group AB is a global games company with studios in Europe, North America, Asia, and the MENA region, publishing games on various platforms. The company develops digital games for a diverse gaming audience, reaching over 50 million people monthly.

Summarized from source with an LLMView SourceSector: Technology

Net Revenue

Stillfront Group AB reported net revenue of 1,744 MSEK for the second quarter of 2024, which represents a decline of 4% compared to the same period in 2023. This decrease is attributed to a combination of factors including market conditions and strategic adjustments within the company.

Adjusted EBITDAC

The adjusted EBITDAC for Stillfront Group AB in Q2 2024 was 505 MSEK, down by 2% from 516 MSEK in Q2 2023. Despite the decline, the adjusted EBITDAC margin improved slightly to 29% from 28% in the previous year, indicating better cost management and operational efficiency.

Net Result

Stillfront Group AB's net result for the second quarter of 2024 was a loss of 107 MSEK, compared to a loss of 54 MSEK in the same quarter of 2023. The increased net loss is primarily due to higher financial expenses and other non-operational factors.

Free Cash Flow

For the last 12 months ending in Q2 2024, Stillfront Group AB generated a free cash flow of 737 MSEK, down from 969 MSEK in the previous 12-month period. This reduction in free cash flow reflects the company's ongoing investments and strategic initiatives aimed at long-term growth.

Cash Position and Debt

As of the end of Q2 2024, Stillfront Group AB had a cash position of 895 MSEK and undrawn credit facilities amounting to 1,519 MSEK. The total net debt, including cash earnout for the next 12 months, stood at 5,022 MSEK, with an adjusted leverage ratio of 2.15x, up from 1.91x in the previous year.

Summarized from source with an LLMView Source

Key figures

-57.1%1Y

-87.6%3Y

-67.2%5Y

Performance

54.9%1Y

58.1%3Y

56.2%5Y

Volatility