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The latest news about Stillfront Group and our Studios

Stillfront Group AB: Year End Report January-December 2016

2017-02-23

Stillfront Group AB: Year End Report January-December 2016 23 February 2017 Year End Report January-December 2016 STILLFRONT GROUP AB (PUBL) The year january - december 2016 Net revenues amounted to 94.8 MSEK (2015: 55.4 MSEK), which is an increase of 71% compared to the corresponding period 2015. The net revenues in 2014 amounted to 29.2 MSEK. EBITDA amounted to 34.3 MSEK (15.8 MSEK), which is an increase of 117%. EBITDA has, in accordance with IFRS been charged with acquisition costs of 1.3 MSEK. EBITDA excluding acquisition costs amounted to 35.5 MSEK during 2016. EBITDA in 2014 amounted to 4.8 MSEK. Operating result after financial items amounted to 23.4 MSEK (2015: 2.9 MSEK, 2014: -4.9 MSEK), an increase of 20,5 MSEK compared to the previous year. The net result for the year amounted to 21.0 MSEK (2015: 0.5 MSEK, 2014: -7.4 MSEK), an improvement of 20.5 MSEK compared to the previous year. Net result per share before dilution amounted to 2.89 SEK (2015: -0,26 SEK, 2014: -3.34 SEK ) Net result per share after dilution amounted to 2.86 SEK (2015: -0.26 SEK, 2014: -3.34 SEK). As of December 31, cash and cash equivalents amounted to 35.8 MSEK (2015: 73.5 MSEK, 2014: 4.3 MSEK). The board proposes that the annual profit be appropriated by profit carried forward. Stillfront Group has prepared this year end report in accordance with IFRS. All comparative figures have been restated under IFRS. This report presents two comparative years, 2014 and 2015. In subsequent reports, only one comparison will be presented. This is the first time Stillfront Group applies IFRS. The remaining 49% of Bytro Labs GmBH was acquired in June. Acquisition of a majority shareholding in Simutronics Corp. was carried out in June. Sales of Unravel started February 9, 2016 and has been very satisfactory. Coldwood has during 2016 entered into a new agreement with Electronic Arts Inc for the development of a sequel to Unravel. Acquisition of all shares in Babil Games took place in December 2016. The Quarter October - December 2016 Net revenues amounted to 24.6 MSEK (corresponding period 2015: 18.7 MSEK), which is an increase of 31% compared to the corresponding period 2015. EBITDA amounted to 7.1 MSEK excluding acquisition costs amounting to 0.3 MSEK. Including acquisition costs EBITDA amounted to 6.8 MSEK (4.7 MSEK). Operating result after financial items amounted to 1.2 MSEK (-5.4 MSEK). The net result amounted to 7.7 MSEK (-5.7 MSEK). Earnings per share before dilution amounted to 1.38 SEK (-1.51 SEK). Earnings per share after dilution amounted to 1.37 SEK (-1.51 SEK). Acquisition of all shares in Babil Games took place in December 2016 Successful 2016 with Strong Growth, Good Margins and Low/Controlled Risk 2016 has been a very successful year for Stillfront Group. Stillfront increased sales by 71% and EBITDA by 117%. We have acquired two studios, which have broadened our activities with both mobile games and geographically to the high-potential market in the Middle East. We have also doubled the number of core games during the year. This year end report is the first where Stillfront Group applies the International Finance Reporting Standards IFRS. All comparative figures have been restated according to the new framework. We have decided to adopt IFRS as we judge this to improve transparency and facilitate comparison with our peers, "says Jörgen Larsson, CEO Stillfront Group. Key figures, The Group MSEK 2016okt-dec 2015okt-dec 2016jan-dec 2015jan-dec 2015jan-dec Net Revenues 24 552 18 719 94 832 55 380 29 202 Growth in revenues 31% 71% EBITDA 6 773 4 808 34 264 15 779 4 769 EBITDA margin 27.6% 25.7% 36.1% 28.5% 16.3% Operating result after financial items 1 162 -5 403 23 443 2 873 -4 895 Net Result 7 668 -5 738 20 976 503 -7 416 For further information, please contact: Jörgen Larsson, CEO Sten Wranne, CFO Tel: 070-321 1800, jorgen@stillfront.com Tel: 0705-851258, sten@stillfront.com   A presentation of the Year End Report will be webcasted at http://www.paretosec.com/gaming-seminar-2017.phpThe slides from the presentation are available on Stillfronts website http://www.stillfront.com/site/investor-relations/financial-reports/ About Stillfront Stillfront is a group of independent creators, publishers and distributors of digital games - with a vision to become the leading group of indie game creators and publishers. Stillfront operates through six near-autonomous subsidiaries: Bytro Labs in Germany, Coldwood Interactive in Sweden, Power Challenge in the UK and Sweden, Dorado Online Games in Malta, Simutronics in the United States and Babil Games in UAE and Jordan. Stillfront's games are distributed globally. The main markets are Sweden, Germany, the United States and MENA. For further information, please visit www.stillfront.com. Selected games Stillfront's portfolio includes games across multiple platforms. Unravel, developed by Coldwood in collaboration with Electronic Arts, won 20+ awards at E3 and gamescom and was released in February 2016. Supremacy 1914 and Call of War are high-immersion war strategy games developed by Bytro Labs. ManagerZone is a sports management strategy game launched in 2001. DragonRealms and GemStone IV are MUD-style games with a very loyal player base. Lara Croft Relic Run(TM) is a popular mobile game developed by Simutronics. Nasdaq First North Ticker Symbol: SFCertified Adviser: Avanza Bank, phone +46 8 4094 2120 This information is information that Stillfront Group 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, at 07.15 CET on February 23, 2017. 2017Q4 ENG

Stillfront announces Launch of Moghamarat Al-Abtal (Heroes' Adventure) from Babil Games

2017-02-21

Stillfront announces Launch of Moghamarat Al-Abtal (Heroes' Adventure) from Babil Games 21 February 2017 Stillfront today soft launched the strategy game "Moghamarat Al-Abtal (Heroes' Adventure)" in the MENA region. The game is published by Stillfront's studio Babil Games. The game is estimated to be fully launched within a couple of weeks both on iOS and Android. Babil Games Moghamarat Al-Abtal (Heroes Adventure) is built on a Chinese game, which is developed by the Chinese developer Beijing Dream Jelly Technology Co. Babil Games is the first to publish the game overseas. Babil Games business model is to refine existing games sourced from proven developers and localize and culturize them for the Arabic speaking audience in the MENA region. Babil has several years of exclusive rights and owns the IP of the culturized material. Moghamarat Al-Abtal (Heroes' Adventure) is a fast-paced 2D-scrolling action adventure game set in a beautifully drawn fantasy world, where players lead a team of unique heroes in order to overcome challenges and vanquish evil solo or with friends. With over 30 unique heroes to choose from - hard-hitting warriors, defensive tanks, archers, mages and healers each with their own special skills and ultimate moves - the players can choose teams of three heroes to embark on a wide range of adventures.The player can complete over 100+ levels in campaign mode for loot and items, or embark on a nautical journey searching for treasure and overcoming pirates, or challenge the dreaded Magic tower with its unlimited floors filled with hordes of enemies to compete for a place on the leaderboards. Jörgen Larsson, CEO, Stillfront Group, comments "Moghamarat Al-Abtal (Heroes' Adventure) is a title that has the characteristics we know appeal to a category of players Babil is well acquainted with. The title is built on a proven formula and successful genre in Asia, and Babil now brings high quality, action fighting RPG with PvP and clan features to the MENA region. The game fits well into Stillfront's PLEX strategy, as it broadens our portfolio, and further strengthen our growing mobile segment. Third party publishing also provides a very attractive reward/risk balance for Stillfront" Jörgen Larsson, CEO, Stillfront Group comments. MJ Fahmi, CEO, Babil Games, comments "We are excited to launch "Moghamrat Al-Abtal" in MENA. We always challenge ourselves to bring new experiences to the Arabic gamer, and we hope players will enjoy the game as much as we have," MJ Fahmi, CEO, Babil Games, comments. For additional information, please contact: Jörgen Larsson, CEO at StillfrontPhone: +46 70 321 18 00E-mail: jorgen@stillfront.com Sten Wranne, CFO at StillfrontPhone: +46 705 851258E-mail: sten@stillfront.com About StillfrontStillfront is a group of independent creators, publishers and distributors of digital games - with a vision to become the leading group of indie game creators and publishers. Stillfront operates through six near-autonomous subsidiaries: Bytro Labs in Germany, Coldwood Interactive in Sweden, Power Challenge in the UK and Sweden, Dorado Online Games in Malta, Simutronics in the United States and Babil Games in UAE and Jordan. Stillfront's games are distributed globally. The main markets are Sweden, Germany, the United States and MENA. For further information, please visit www.stillfront.com. Selected gamesStillfront's portfolio includes games across multiple platforms. Unravel, developed by Coldwood in collaboration with Electronic Arts, won 20+ awards at E3 and gamescom and was released in February 2016. Supremacy 1914 and Call of War are high-immersion war strategy games developed by Bytro Labs. ManagerZone is a sports management strategy game launched in 2001. DragonRealms and GemStone IV are MUD-style games with a very loyal player base. Lara Croft Relic Run(TM) is a popular mobile game developed by Simutronics. Nasdaq First North Ticker Symbol: SFCertified Adviser: Avanza Bank, phone +46 8 4094 2120 This information is information that Stillfront Group 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, at 11.00 CET on February 21, 2017.

Stillfront Group AB: Stillfront increases ownership in Simutronics

2017-02-03

Stillfront increases ownership in Simutronics February  3, 2017 Stillfront today acquired additional 82,500 shares in Simutronics Corp, corresponding to 2.41% of all outstanding shares. The price per share was 1.02 USD in cash, totalling a consideration for all shares in the transaction to 84,150 USD. Sellers are several minority shareholders in Simutronics. After the transaction Stillfront Group holds in total 1,885,000 shares corresponding to 55.06% of all 3,423,600 outstanding shares. Jörgen Larsson, CEO, Stillfront Group, comments "We are very satisfied with our investment in Simutronics from June 2016. Existing products enjoy a profitable growth and the soft launch of Siege: Titan wars has so far progressed most satisfactory. Based upon that, we find it attractive to acquire more shares in Simutronics" Jörgen Larsson, CEO, Stillfront Group comments. For additional information, please contact: Jörgen Larsson, CEO at StillfrontPhone: +46 70 321 18 00E-mail: jorgen@stillfront.com Sten Wranne, CFO at StillfrontPhone: +46 705 851258E-mail: sten@stillfront.com About StillfrontStillfront is a group of independent creators, publishers and distributors of digital games - with a vision to become the leading group of indie game creators and publishers. Stillfront operates through six near-autonomous subsidiaries: Bytro Labs in Germany, Coldwood Interactive in Sweden, Power Challenge in the UK and Sweden, Dorado Online Games in Malta, Simutronics in the United States and Babil Games in UAE and Jordan. Stillfront's games are distributed globally. The main markets are Sweden, Germany, the United States and MENA. For further information, please visit www.stillfront.com. Selected gamesStillfront's portfolio includes games across multiple platforms. Unravel, developed by Coldwood in collaboration with Electronic Arts, won 20+ awards at E3 and gamescom and was released in February 2016. Supremacy 1914 and Call of War are high-immersion war strategy games developed by Bytro Labs. ManagerZone is a sports management strategy game launched in 2001. DragonRealms and GemStone IV are MUD-style games with a very loyal player base. Lara Croft Relic Run(TM) is a popular mobile game developed by Simutronics. Nasdaq First North Ticker Symbol: SFCertified Adviser: Avanza Bank, phone +46 8 4094 2120 This information is information that Stillfront Group 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, at 15.45 CET on February 3, 2017.

Stillfront Group AB: High Growth in Player Volume, High Loyalty

2017-01-11

Stillfront: High Growth in Player Volume, High Loyalty January 11, 2017 Stillfront Group AB ("Stillfront") systematically works with improving the product portfolio to optimize performance and reward/risk. Among many things Stillfront continuously monitors the number of active users of the online games on a monthly basis (MAU - Monthly Active User) and daily basis (DAU - Daily Active User). During the fourth quarter of 2016, the average number of MAUs was 289,729. The number of DAUs was 72,148 on average during the quarter. The corresponding figures for the third quarter of 2016 were 222,970 MAUs and 62,781 DAUs. Thus, the fourth quarter 2016 achieved an increase of 30% regarding the number of MAUs and 15% regarding the number of DAUs as compared with the third quarter of 2016. During the fourth quarter of 2015 the average number of MAUs was 277,712 and the average number of DAUs was 74,161. During the fourth quarter 2016 the number of MAUs increased by 4%, and the number of DAUs decreased by 3% as compared with the fourth quarter of 2015. The above numbers pertain to the seven largest games as ranked by revenues, i.e. Call of War, Supremacy 1914, New World Empires, ManagerZone Football, ManagerZone Hockey, DragonRealms and GemStone IV, however with the exception of the newly soft launched Siege: Titan Wars and the games from recently acquired Babil Games, which all are excluded. Jörgen Larsson, CEO, Stillfront Group, comments " I am happy to note that our games are very attractive to our players. I am especially pleased with the fast ramp-up during November and December, paired with continuous high player loyalty during the quarter.  Especially the paying players demonstrate great loyalty. I see this as an acknowledgement that our games offer entertainment to our players for a long period of time, which is exactly in line with Stillfront's strategy," Jörgen Larsson, CEO, Stillfront Group comments. For additional information, please contact: Jörgen Larsson, CEO at StillfrontPhone: +46 70 321 18 00E-mail: jorgen@stillfront.com Sten Wranne, CFO at StillfrontPhone: +46 705 851258E-mail: sten@stillfront.com About Stillfront Stillfront is an independent creator, publisher and distributor of digital games - with a vision to become one of the leading indie game creators and publishers. Stillfront operates through six near-autonomous subsidiaries: Bytro Labs in Germany, Coldwood Interactive in Sweden, Power Challenge in the UK and Sweden, Dorado Online Games in Malta, Simutronics in the United States and Babil Games in UAE and Jordan. Stillfront's games are distributed globally. The main markets are Sweden, Germany, the United States, MENA and South America. For further information, please visit www.stillfront.com. Selected games Stillfront's portfolio includes games across multiple platforms. Unravel, developed by Coldwood in collaboration with Electronic Arts, won 20+ awards at E3 and Gamescom and was released in February 2016. Supremacy 1914 and Call of War are high-immersion war strategy games developed by Bytro Labs. ManagerZone is a sports management strategy game launched in 2001. DragonRealms and GemStone IV are MUD-style games with a very loyal player base. Lara Croft Relic Run(TM) is a popular mobile game developed by Simutronics. Nasdaq First North Ticker Symbol: SFCertified Adviser: Avanza Bank, phone +46 8 4094 2120 This information is information that Stillfront Group 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, at 08.40 CET on January 11, 2017.

Stillfront acquires Babil Games, the leading MENA region mobile games publisher

2016-12-16

Stillfront acquires Babil Games, the leading MENA region mobile games publisher Stockholm, Sweden December 16, 2016 Stillfront acquires Babil Games, the leading MENA region mobile games publisher Stillfront Group AB (publ) ("Stillfront") today announces its acquisition of 100% of the shares in Babil Games LLC ("Babil"). Babil, based in Dubai, UAE, and Amman, Jordan, was founded in 2012 by Mohammed Fahmi, Abdullah Fahmi and Hubertus Thonhauser, which all today constitute the management of the company. The founders have strong track-records as business builders within the gaming and media industries. Babil is a pure mobile strategy games publisher that focuses on bringing high quality entertainment to the Arabic audience in the MENA (Middle East and North Africa) region. Babil has established themselves as leading in localizing, culturizing and publishing high quality mobile entertainment to the very attractive fast-growing mobile games market in the MENA region. The games are primarily sourced from Asia with long term exclusive rights. All localized content is Intellectual Property of Babil. Babil has a track record of several successful highly grossing titles, like Niba Harb 2, Asefat Al-Dababat, Jaish Al-Foolath and Admiral, as well as an exciting pipe-line of two new titles reaching the market within the coming months. Babil currently has 12 employees and will reach over 3 MUSD in revenues during 2016, with approximately 15% net profit margin. The management will continue to lead the talented team for further profitable growth. Jörgen Larsson, CEO, Stillfront Group, comments "Babil and Stillfront constitute an excellent fit. We share the passion, philosophy and cornerstones of Stillfront's PLEX strategy and Babil will strengthen Stillfront's position in a number of strategic areas, for instance in the mobile strategy games space and with publishing capabilities. The truly unique position of Babil, now within our Group, will create significant value going forward. I am extremely pleased to have MJ, AJ, Hubertus and their committed team as valuable new members to the Stillfront family", Jörgen Larsson, CEO, Stillfront Group, comments. MJ Fahmi, CEO, Babil Games, comments "I am excited for Babil to be joining forces with Stillfront Group. We share a common vision and objectives, and I firmly believe this will be a great strategic advantage for both companies, becoming a bigger family that will strengthen our foothold on the local and global markets", MJ Fahmi, CEO, Babil Games, comments. For additional information, please contact: Jörgen Larsson, CEO at StillfrontPhone: +46 70 321 18 00E-mail: jorgen@stillfront.com About Stillfront Stillfront is an independent creator, publisher and distributor of digital games - with a vision to become one of the leading indie game creators and publishers. Stillfront operates through five near-autonomous subsidiaries: Bytro Labs in Germany, Coldwood Interactive in Sweden, Power Challenge in the UK and Sweden, Dorado Online Games in Malta and Simutronics in the United States. Stillfront's games are distributed globally. The main markets are Sweden, Germany, the United States and South America. For further information, please visit www.stillfront.com. Selected games Stillfront's portfolio includes games across multiple platforms. Unravel, developed by Coldwood in collaboration with Electronic Arts, won 20+ awards at E3 and gamescom and was released in February 2016. Supremacy 1914 and Call of War are high-immersion war strategy games developed by Bytro Labs. ManagerZone is a sports management strategy game launched in 2001. DragonRealms and GemStone IV are MUD-style games with a very loyal player base. Lara Croft Relic Run(TM) is a popular mobile game developed by Simutronics. Nasdaq First North Ticker Symbol: SFCertified Adviser: Avanza Bank, phone +46 8 4094 2120

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