Stillfront Group AB (LTS:0A2A)
kr 82.5 0 (0%) Market Cap: 4.03 Bil Enterprise Value: 8.20 Bil PE Ratio: 0 PB Ratio: 0.25 GF Score: 52/100
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Stillfront Group AB (publ) to Acquire Storm8 Inc Press Conference Transcript

Jan 22, 2020 / NTS GMT
Release Date Price: kr43.98 (+11.26%)
JÃ;rgen Larsson
Stillfront Group AB - CEO

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Thank you and welcome to our press conference regarding the acquisition of Storm8. This acquisition represents a true (inaudible) front in our ambition to take us to the ambition of being a significantly larger company within the next coming five years. It is the lead [boat] in quality and in quantity. And we just would like to use this opportunity to describe why we think it is a very important step for us and what we think it adds -- mutually, what we still think can add to Storm8 and what Storm8 adds to the rest of the Stillfront Group.

We can turn to slide 3, which is then an introduction to Storm8. Storm8 has had a tremendous impressive track record of being 10 years in the market. Each and every quarter during these 10 years profitable starting as -- focusing on -- has a majority of its history in casual games, but very importantly for our transaction now and what we see going forward is they have moved into what we call mash-up games.

And that -- what we mean with that is that it's a combination of different genres. So, it's

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