Interim Report for the Period April 1, 2021 to June 30, 2021
April – June 2021 in Summary
- Total revenue amounted to SEK 422.5 million corresponding to a growth of 160 percent. Net revenue amounted to SEK 384.4 million.
- EBITDA amounted to SEK 96.8 million, EBITA amounted to SEK 85.7 million and EBIT amounted to SEK 35.4 million.
- Adjusted EBITDA amounted to SEK 111.8 million.
- Net profit amounted to SEK -2.7 million.
- The cash balance amounted to SEK 546.1 million.
- Equity amounted to SEK 4,408.1 million.
Comment from Robin Flodin, CEO of EG7:
“During the second quarter, we delivered a net revenue growth of 179%, EBITDA growth of 360% and meanwhile having successfully integrated the acquisitions we closed in the first quarter of 2021. With our rapid acquisition growth, we have digested, integrated and built up the necessary processes to continue our strategic focus. I am delighted to announce that the relaunch of MechWarrior 5 was profitable already after a couple of weeks. It was a testament of the collaboration power between the subsidiaries of the group.”
FOR MORE INFORMATION, PLEASE CONTACT:
Robin Flodin, CEO
Phone: +46 70 477 06 34
EG7 is a group of companies within the gaming industry that develops, markets, publishes and distributes PC, console and mobile games to the global gaming market. The company employs 470+ game developers and develops its own original IP:s, as well as act as consultants to other publishers around the world through its game development divisions Daybreak Games, Piranha Games, Toadman Studios, Big Blue Bubble and Antimatter Games. In addition, the group's marketing department Petrol has contributed to the release of 1,500+ titles, of which many are world famous brands such as Call of Duty, Destiny, Dark Souls and Rage. The group's publishing and distribution departments Innova and Sold Out hold expertise in both physical and digital publishing. EG7 is headquartered in Stockholm with approximately 845 employees in 15 offices worldwide.
Nasdaq First North Growth Market Ticker Symbol: EG7
Certified Adviser: Eminova Fondkommission AB, Phone: +46 8 684 211 00
This information is information that Enad Global 7 AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, on August 26, 2021 at 6.00am CEST.