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Albion Online

GameBy Sandbox Interactive GmbH

Documents about Albion Online

Cover of Stillfront Group Interim Report: Q3 2023
Financial report27 pages

Stillfront Group Interim Report: Q3 2023

Stillfront Group experienced a challenging third quarter in 2023, characterized by a 7% year-over-year decline in net revenue to 1,671 MSEK.

  • Stillfront Group reported a 7% year-over-year decline in Q3 2023 net revenue to 1,671 MSEK, driven by a 10.2% organic decline and operational disruptions including DDoS attacks on Albion Online.
  • The company improved its adjusted EBITDAC margin to 25%, a 1.5 percentage point increase achieved through reduced direct costs and optimized product development investments.
  • Financial stability was bolstered by a SEK 1 billion bond issuance for debt refinancing and the finalization of all 2023 earnout liability settlements.
StillfrontOct 2023
Cover of Stillfront Interim Report Q3 2023
Financial report12 pages

Stillfront Interim Report Q3 2023

Stillfront’s third-quarter 2023 performance reflects a period of soft revenue growth balanced by disciplined cost management and robust cash generation.

  • Stillfront reported a 7% year-over-year decline in net revenue for Q3 2023, driven largely by an 80 million SEK sequential revenue loss caused by a DDoS attack on Albion Online.
  • Adjusted EBITDAC margin improved to 25% from 23% in the prior-year period, supported by a workforce reduction of 60 full-time equivalents and a 3-percentage-point decrease in capitalized product development.
  • Monetization effectiveness increased significantly, with average revenue per daily active user (ARPDAU) rising 18% year-over-year despite a decline in overall user metrics.
StillfrontOct 2023
Cover of Stillfront Group: Interim Report Q2 2023
Financial report11 pages

Stillfront Group: Interim Report Q2 2023

Stillfront Group’s second quarter 2023 interim report highlights a period of record-high profitability and robust cash generation, driven by increased operational efficiency and disciplined cost management.

  • Stillfront Group achieved record-high profitability in Q2 2023 with an adjusted EBITDAC of 516 million SEK and an adjusted EBITDA of 708 million SEK.
  • The adjusted EBITDAC margin expanded to 28 percent, up from 22 percent year-over-year, driven by improved gross margins and reduced product development capitalization.
  • Monetization efficiency improved significantly, with a 17 percent increase in average revenue per daily active user (ARPDAU) despite a year-over-year decline in organic revenue.
StillfrontJul 2023
Cover of Stillfront Interim Report: Second Quarter 2021
Financial report17 pages

Stillfront Interim Report: Second Quarter 2021

Stillfront’s second quarter 2021 report details the financial and operational performance of its global free-to-play gaming portfolio.

  • Stillfront reported Q2 2021 net revenue of 1,382 MSEK, a 16% year-over-year increase driven primarily by acquisitions.
  • Organic growth declined by 17% compared to the same period in 2020, reflecting a normalization of user inflow following pandemic-era peaks.
  • The company maintained an adjusted EBIT margin of 35% by strategically reducing user acquisition spending and increasing its share of advertising revenue.
StillfrontAug 2021