Goodgame Studios

Stillfront Q1 2018 Interim Report

Stillfront Group’s Q1 2018 interim report outlines the company’s position as a market leader in free-to-play browser and mobile strategy games.

• Stillfront Group reported Q1 2018 net revenues of 315 million SEK, marking an 11% quarter-over-quarter growth.
• The company achieved an adjusted EBITDA margin of 34% and an adjusted EBIT margin of 24% for the first quarter of 2018.
• User acquisition costs totaled 85 million SEK, representing 27% of net revenue, with a business model designed to reach breakeven on marketing spend within six months.

Stillfront Year-End Report 2017

Stillfront Group’s 2017 year-end report outlines the company’s position as a market leader in free-to-play browser and mobile strategy games.

Year End Report: January–December 2017

Stillfront Group achieved substantial financial and operational growth throughout 2017, characterized by a 75 percent increase in net revenues to 166.0 million SEK and a 53 percent rise in EBITDA to 52.3 million SEK.

• Stillfront Group achieved significant financial growth in 2017, reporting a 75% increase in net revenues to 166.0 million SEK and a 53% rise in EBITDA to 52.3 million SEK.
• The acquisition of Altigi GmbH (Goodgame Studios) was finalized as a reverse acquisition, a pivotal move expected to fundamentally alter the group’s future financial reporting structure.
• The company expanded its portfolio through the integration of eRepublik Labs and maintained a stable leverage ratio of 1.30 throughout the year.

Stillfront and Goodgame Studios: Investor Presentation

Stillfront Group operates as a diversified gaming conglomerate focused on the acquisition and integration of independent, profitable studios to drive long-term value.