Stillfront Group AB Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
July 21, 2022 at 06:00 am
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Stillfront Group AB (publ) reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was SEK 1,962 million compared to SEK 1,497 million a year ago. Net income was SEK 117 million compared to SEK 146 million a year ago. Basic earnings per share from continuing operations was SEK 0.23 compared to SEK 0.41 a year ago. Diluted earnings per share from continuing operations was SEK 0.23 compared to SEK 0.41 a year ago.
For the six months, sales was SEK 3,777 million compared to SEK 2,925 million a year ago. Net income was SEK 262 million compared to SEK 292 million a year ago. Basic earnings per share from continuing operations was SEK 0.58 compared to SEK 0.82 a year ago. Diluted earnings per share from continuing operations was SEK 0.58 compared to SEK 0.82 a year ago.
Stillfront Group AB (publ) is a Sweden-based independent creator, publisher and distributor of digital games. The Company operates through a number of near-autonomous subsidiaries, including Bytro Labs in Germany, Coldwood Interactive in Sweden, Power Challenge in the United Kingdom and Sweden, and Dorado Online Games in Malta, Simutronics in the United States, and Babil Games in United Arab Emirates and Jordan, among others. The Company's games portfolio includes Call of War, DragonRealms, ManagerZone Football, Lara Croft Relic Run, Supremacy 1914 and Unravel, among others. The games are distributed globally, however the main markets are Sweden, Germany, the United States, United Kingdom, Middle East and North Africa.
STILLFRONT GROUP AB 
