Stillfront Group AB (OTCPK:STLFF) This autumn 2024 Earnings Conference Identify February 5, 2025 4:00 AM ET
Agency Contributors
Alexis Bonte – Group President and Interim Chief Authorities Officer
Andreas Uddman – President Finance and World Options, Group Chief Financial Officer
Conference Identify Contributors
Nick Dempsey – Barclays
Martin Arnell – DNB Markets
Rasmus Engberg – Kepler Cheuvreux
Alexis Bonte
Good morning, and welcome to the Stillfront This autumn Report. I’m Alexis Bonte, the Group President and Interim CEO of Stillfront, and I shall be joined later by Andreas Uddman, who’s our Group CFO.
We had sturdy cash flows and adjusted EBITDAC inside the fourth quarter. This no matter web earnings being down by 5% year-on-year organically. Cash stream was up by 170% year-on-year — sorry, on a quarterly basis and for the full-year of 2024, it totaled SEK1.05 billion. So very sturdy cash flows inside the fourth quarter, whatever the pure growth being barely lower than we would have appreciated.
We had normal a standard This autumn by means of UA, nonetheless I indicate truly normal, on account of it was more durable to place it for positive video video games, and we wanted to shift throughout the investments larger than abnormal in the middle of the quarter. So lots of type of shifting UA from recreation to recreation counting on the outcomes that we seen. So common normal, nonetheless troublesome by means of placing it counting on the video video games.
We improved our adjusted EBITDAC quarter-on-quarter, however moreover significantly as compared with This autumn of ’23. This was pushed largely by lower fixed costs, lower UAC inside the Approach product area and reduce capitalization as we focus our product investments on our key franchises. Inside the quarter, the final decline in MAU and DAU was offset by larger ARPDAU.
We moreover had secure growth in our direct-to-consumer year-on-year. That’s
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