Continued development of the gameplatform KoGaMa with focus on new social features, mobile compatibility and revenue generation.
QUARTER OCTOBER 1 - DECEMBER 31 IN SUMMARY
- The group's net sales during the quarter amounted to SEK 165 thousand (SEK 501 thousand).
- Loss after tax amounted to SEK -4,229 thousand (SEK -17,231 thousand) or SEK -0.14 (SEK -0.59) per share before dilution.
- Net cash flow before financial items was SEK -2,453 thousand (SEK -2,697 thousand)
- The group's cash and cash equivalents amounted to SEK 1,328 thousand at the end of the quarter.(SEK 11,377 thousand).
The group's equity at the end of the quarter amounted to SEK 15,174 thousand (SEK 28,582 thousand).
PERIOD JANUARY 1 - DECEMBER 31 IN SUMMARY
- The group's net sales during the period amounted to SEK 1,692 thousand (SEK 501 thousand).
- Resultat efter skatt uppgick till -14 333 tkr (-24 918 tkr) eller -0,47 SEK (-1,34 SEK) per aktie före utspädning.
- Net cash flow before financial items was SEK -10,580 thousand (SEK -17,113 thousand)
SIGNIFICANT EVENTS AFTER THE END OF THE PERIOD
- Continued development of the game platform KoGaMa with a focus
on new social functions, mobile compatibility, and monetization. - Adventure Box Technology enters a cooperation with Rightbridge
Ventures and 1337 Esports to promote the growth of the KOGAMA-
platform.
The report is attached to this press release and is available via the following link: https://corp.adventurebox.com/en/investors/financial-reports/
This information is such that Adventure Box Technology AB (publ) is required to disclose in accordance with the EU Market Abuse Regulation. Information was provided through the below contact persons' publication for publication on 29 February 2024 at 8:32 CET.
FOR MORE INFORMATION CONTACT:
Michal Bendtsen, CEO
Adventure Box Technology AB
+45 (0)26 355 377
mb@kogama.com
ABOUT ADVENTURE BOX TECHNOLOGY AB
Adventure Box Technology offers KoGaMa, an online game maker platform that offers user-friendly tools for creating and sharing unique gaming experiences. With its innovative Multiplayer editor and thriving user-to-user marketplace, KoGaMa empowers users to collaborate, create, and customize content within a dynamic social metaverse. The company's world-leading streaming technology is patent protected. Founded in Stockholm in 2014, the company now also has staff in Seville, Copenhagen, and Madrid. Adventure Box is traded on the Nasdaq First North Growth Market under the short name ADVBOX and ISIN code SE0012955276. Aktieinvest FK AB with e-mail ca@aktieinvest.se and phone number +46 739 49 62 50 is the company's Certified Adviser.
