QUARTERLY REPORT SECOND QUARTER 2024
THE SECOND QUARTER APRIL 1 - JUNE 30 IN SUMMARY
- The group's net sales during the quarter amounted to SEK 131 thousand (SEK 804 thousand).
- Loss after tax amounted to SEK -4,911 thousand (SEK -2,994 thousand) or SEK -0.11 (SEK -0.10) per share before dilution.
- Net cash flow before financial items was SEK -2,363 thousand (SEK -2,049 thousand)
- The group's cash and cash equivalents amounted to SEK 165 thousand at the end of the quarter. (SEK 5,177 thousand).
- The group's equity at the end of the quarter amounted to SEK 7,845 thousand (SEK 21,111 thousand).
- During the quarter the company has received a bridge financing amount of SEK 1,900 thousand.
- A share issue during the quarter gave the company SEK 1,000 thousand in increased equity.
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.
- On the 20th of June 2024 the company published information on the board's decision to carry through a rights issue with the aim of issuing 43 747 308 number of shares. Thanks to the rights issue the company will receive approximately MSEK 13,1 before a set-off issue of around MSEK 2,1 and any capital injection expenses.
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 20 August 2024 at 8:32 CET.
FOR MORE INFORMATION CONTACT:
Michal Bendtsen, CEO
Adventure Box Technology AB
+45 (0)26 355 377
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.