- 01
Stillfront Group reported a 36% year-over-year revenue increase in Q3 2022, achieving an adjusted EBIT margin of 29% despite a broader contraction in the global mobile gaming market.
- 02
The company generated over SEK 2 billion in operational cash flow on a last-twelve-months basis, supported by a diversified portfolio of 77 active games.
- 03
Management is targeting a consistent long-term EBITDA margin between 35% and 40% by leveraging the 'Stillops' platform to improve synergy and transition acquisitions toward higher-margin, first-party development.
- 04
Organic growth reached 1.4% in Q3 2022, with management projecting further acceleration through the remainder of 2022 and into 2023.
- 05
The company maintains a strong liquidity position with SEK 2.2 billion in unutilized credit to support a pipeline of 50 new products currently in development.
- 06
While subsidiaries like Storm8 and KIXEYE faced market softening and efficiency challenges, these were mitigated by the performance of strategy titles and the integration of high-growth assets such as Jawaker.