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Ludo Club cover

Ludo Club

GameBy Moonfrog Labs · Released Sep 6, 2017

Documents about Ludo Club

Cover of Stillfront Group Q2 2026 Interim Report
Financial report21 pages

Stillfront Group Q2 2026 Interim Report

Stillfront Group’s Q2 2026 interim report highlights a period of strengthened profitability and operational stabilization, driven by a strategic shift toward disciplined user acquisition and normalized marketing investments.

  • Stillfront Group reported Q2 2026 net revenue of SEK 1,323 million, driven by 10% growth in key franchises despite a 24% decline in other segments.
  • Adjusted EBITDAC reached SEK 387 million, achieving a 29% margin through reduced user acquisition costs and higher direct-to-consumer revenue.
  • The company maintains a leverage ratio of 2.0 and is utilizing strong cash generation to reduce debt while funding new titles like Supremacy: Warhammer 40,000 and Empire: Titans and Dragons.
StillfrontJul 2026
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 Acquisition of Moonfrog
Financial report12 pages

Acquisition of Moonfrog

Stillfront Group AB outlines the strategic acquisition of Moonfrog Labs Private Limited, an India-based mobile gaming company, to expand its footprint in the rapidly growing Indian subcontinent.

  • Stillfront Group AB acquired a 91% stake in India-based Moonfrog Labs for USD 90 million, with the remaining equity structured across three performance-based tranches.
  • Moonfrog Labs brings a portfolio of top-tier titles, including Ludo Club and Teen Patti Gold, supported by approximately 9 million daily active users.
  • For the first nine months of 2020, Moonfrog reported USD 21 million in net revenue and USD 12 million in adjusted EBITDA.
StillfrontFeb 2021