MAG Interactive AB Reports Earnings Results for the First Quarter Ended November 30, 2018
January 23, 2019 at 07:00 am
Share
MAG Interactive AB (publ) announced earnings results for the first quarter ended November 30, 2018. For the first quarter, the company announced sales was SEK 40.367 million compared to SEK 52.990 million a year ago. Sales was SEK 5.504 million compared to SEK 3.763 million a year ago. Operating loss was SEK 4.635 million compared to SEK 38.674 million a year ago. Net loss was SEK 3.653 million compared to SEK 38.340 million a year ago. Basic loss per share was SEK 0.14 compared to SEK 1.94 a year ago. Diluted loss per share was SEK 0.14 compared to SEK 1.9 a year ago.
MAG Interactive AB (publ) is a Sweden-based developer and publisher of mobile games. The Company offers free-to-play games, in which the players make in application purchases of virtual items or gameplay benefits. The Companyâs portfolio comprises word games, a puzzle game and trivia games; it includes Ruzzle, Ruzzle Adventure, WordBrain, WordBrain 2, Wordalot, Potion Pop, QuizDuel, Pixduel, QuizCross and Backpacker. The games are distributed through virtual stores, such as Google Play and App Store, for operating systems Android and iOS respectively. The Company operates FEO Media AB as subsidiary.
MAG INTERACTIVE AB 
