Mag Interactive AB Publ Reports Earnings Results for the First Quarter Ended November 30, 2020
January 20, 2021 at 12:30 pm IST
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MAG Interactive AB publ announced earnings results for the first quarter ended November 30, 2020. For the first quarter, the company announced total revenue was SEK 73.931 million compared to SEK 54.369 million a year ago. Operating loss was SEK 2.190 million compared to SEK 3.024 million a year ago. Net loss was SEK 185,000 compared to SEK 2.899 million a year ago. Basic loss per share from continuing operations was SEK 0.01 compared to SEK 0.11 a year ago.
MAG Interactive AB (publ) is a Sweden-based developer and publisher of mobile games. The Company offers free-to-play games, in which the players make in application purchases of virtual items or gameplay benefits. The Companyâs portfolio comprises word games, a puzzle game and trivia games; it includes Ruzzle, Ruzzle Adventure, WordBrain, WordBrain 2, Wordalot, Potion Pop, QuizDuel, Pixduel, QuizCross and Backpacker. The games are distributed through virtual stores, such as Google Play and App Store, for operating systems Android and iOS respectively. The Company operates FEO Media AB as subsidiary.
MAG INTERACTIVE AB 
