Mag Interactive AB Publ Reports Earnings Results for the Third Quarter Ended May 31, 2021
June 30, 2021 at 11:30 am IST
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MAG Interactive AB publ announced earnings results for the third quarter ended May 31, 2021. For the third quarter, the company announced total revenue was SEK 91.759 million compared to SEK 73.335 million a year ago. Operating income was SEK 2.578 million compared to operating loss of SEK 6.765 million a year ago. Net income was SEK 1.327 million compared to net loss of SEK 6.541 million a year ago. For the nine months, total revenue was SEK 247.022 million compared to SEK 184.995 million a year ago. Operating loss was SEK 1.447 million compared to SEK 14.370 million a year ago. Net loss was SEK 853,000 compared to SEK 13.693 million 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 
