INTERIM REPORT 1 APRIL- 30 JUNE 2021

Continued focus on product improvements and community building. A
new version in which users can create together is being developed.

QUARTER APRIL 1 - JUNE 30 IN SUMMARY

  • The Group's net sales during the quarter were SEK 1 thousand (SEK 50
    thousand).
  • Net income amounted to SEK -4,722 thousand (SEK -3,194 thousand) or SEK -
    0.31 (SEK -0.31) per share before dilution.
  • Net cash flow before financial items was SEK 5,985 thousand (SEK -4,421
    thousand)
  • The company's cash and cash equivalents at the end of the quarter amounted to
    SEK 42,644 thousand (SEK 9,900 thou- sand).
  • The Group's equity at the end of the quarter amounted to SEK 66,484 thousand
    (SEK 34,428 thousand).
  • The gaming session time increased by 17% for returning users from the first to
    the second quarter.

PERIOD JANUARY 1 - JUNE 30 IN SUMMARY

  • The the group's net sales during the period was SEK 1 thousand (SEK 94
    thousand)
  • Net profit amounted to SEK -10,609 thousand (SEK -7,270 thousand)
  • Net cash flow before financial items was SEK -14,949 thousand (SEK -10,220
    thousand)

SIGNIFICANT EVENTS AFTER THE END OF THE PERIOD

  • Customer acquisition costs were reduced by 47%, from SEK 0.47 in June to SEK
    0.25 in July.

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 above contact persons' publication for publication on 26 August
2021 at 8:00 CET.

FOR MORE INFORMATION CONTACT:

Christopher Kingdon, CEO Adventure Box, +46 (0)73 051 1414,

[email protected], corp.adventurebox.com

ABOUT ADVENTURE BOX TECHNOLOGY AB

Adventure Box, the leading social cloud gaming platform for user-created games, makes it easy and fun to make, share and play 3D games online. The company's world-leading streaming technology is patent protected. Founded in Stockholm 2014, the company also has staff in Paris, Seville, Malta and Cobenhaben. Adventure Box is traded at Nasdaq First North Growth Market under the short name ADVBOX and ISIN code SE0012955276.

Aktieinvest FK AB with email [email protected] and phone number +46 734 38 46 74 is the company's Certified Adviser.

ADVENTURE BOX MEDDELAR ATT DEN EXTRA BOLAGSSTÄMMAN DEN 16 DECEMBER 2021 STÄLLS IN OCH ATT STYRELSELEDAMOTEN CHRISTOPHER KINGDON AVGÅR PÅ EGEN BEGÄRAN

Styrelsen för Adventure Box Technology AB (publ) ("Adventure Box" eller "Bolaget") har idag mottagit besked från minoritetsägare i Bolaget att de inte längre anser att det finns anledning att genomföra den extra bolagsstämma som sammankallats att hållas den 16 december 2021, på begäran av minoritetsägare i Bolaget. Styrelsen har därför beslutat att ställa in extra bolagsstämman den 16 december 2021. Vidare har styrelsen idag mottagit besked från Bolagets styrelseledamot Christopher Kingdon att han med omedelbar verkan avgår från sin post som styrelseledamot i Bolaget.


ADVENTURE BOX ANNOUNCES THAT THE EXTRAORDINARY GENERAL MEETING 16 DECEMBER 2021 IS CANCELLED AND THAT THE BOARD MEMBER CHRISTOPHER KINGDON RESIGNS AT HIS OWN REQUEST

The Board of Directors of Adventure Box Technology AB (publ) ("Adventure Box" or the "Company") has today received a notification from the minority shareholders stating that they no longer see any reason to hold the Extraordinary General Meeting convened to be held 16 December 2021, by request of minority shareholder in the Company. The Board of Directors has therefore resolved to cancel the Extraordinary General Meeting on 16 December 2021. Furthermore, the Board of Directors has today been informed by the Company's Board member Christopher Kingdon that he will resign with immediate effect from his position as Board member of the Company.


ADVENTURE BOX: STYRKAN MED ANVÄNDARSKAPAT INNEHÅLL

Andelen återvändande användare ökade med tre procentenheter jämfört med oktober till 22%, trots att nyutveckling bara gjorts på den ännu ej släppta Multimakern. Detta visar på styrkan med att låta användarna själva skapa spelen.


ADVENTURE BOX: STRENGTH THROUGH USER-CREATED CONTENT

The proportion of returning users increased by three percentage points compared to October to 22%, despite only having new development in the not yet released Multimaker. This increase shows the power of letting users create the games themselves.


DELÅRSRAPPORT 1 JULI-30 SEPTEMBER 2021

Att leverera mer med lägre kostnader. Vi har minskat personalstyrkan men trots detta ökat vår leveranskapacitet. Multimakern, som gör att användare kan skapa tillsammans, ligger fast som första prioritet och delmål då det är en utveckling av vår produkt som utnyttjar våra unika säljfördelar och passar ihop med de engagerade användare vi har idag.


INTERIM REPORT 1 JULY- 30 SEPTEMBER 2021

Delivering more with lower cost. We have reduced our workforce but nevertheless increased our delivery capacity. The multimaker that allows users to create together, is fixed as the top priority sub-goal as it is a development of our product that takes advantage of our unique features and fits in with the committed users we have today.


ADVENTURE BOX STRUKTURERAR OM I BOLAGET

Adventure Box har påbörjat en förändring i bolaget. Med minskad personal, lägre kostnader och ett tydligt syfte att leverera snabbare ska bolaget satsa ännu mer på multimakern.


ADVENTURE BOX RESTRUCTURES THE COMPANY

Adventure Box to invest more in its multi maker platform with reduced staff, lower costs and a clear purpose for faster delivery


ADVENTURE BOX: MULTIMAKER-LANSERINGEN SENARELÄGGS TILL Q122

Ett intensivt utvecklingsarbete pågår för närvarande med att göra den nya spelformen "Multimaker" så pass bra att en successiv lanseringen kan påbörjas i nästa kvartal.


ADVENTURE BOX: MULTIMAKER LAUNCH POSTPONED UNTIL Q122

Intensive development work is currently underway to make the new game form "Multimaker" so good that a successive launch can begin in the next quarter.


Adventure Box CFO lämnar bolaget

CFO Sofia Nilsson har idag beslutat att lämna sin nuvarande position i Adventure Box.


Adventure Box CFO leaves the company

CFO Sofia Nilsson has today decided to leave her current position in Adventure Box.




ENGAGERAD VALBEREDNING UTSEDD INFÖR ADVENTURE BOX ÅRSSTÄMMA 2022

Femte största ägare i Adventure Box, Peter Hamberg tar plats i Adventure Box valberedning tillsammans med Annariika Kingdon och nionde störste ägaren Jonas Nordström.


DEDICATED NOMINATION COMITTEE APPOINTED FOR ADVENTURE BOX ANNUAL GENERAL MEETING 2022

The fifth largest owner in Adventure Box, Peter Hamberg takes a seat on Adventure Box's nomination committee together with Annariika Kingdon and ninth largest owner Jonas Nordström.


ADVENTURE BOX: MULTIMAKER-FOKUS

Fokuserat arbete med utvecklingen av multimakern genererade goda preliminära testresultat i oktober. Utvecklingen av Multimakern går framåt med ett mer dedikerat fokus.


ADVENTURE BOX: MULTIMAKER FOCUS

The focused work with development of the multimaker generated good preliminary test results in October. The Multimaker is progressing with a more dedicated focus.




Följ oss

Om beQuoted

beQuoted publicerar nyheter, analyser och pressmeddelanden för investerare och journalister. Viktiga företagshändelser bevakas av vår egen nyhetsredaktion och vidaredistribueras i ledande finansiella medier.

Vi uppdaterar även nyhetsrum, Investor Relations och IR-webbplatser för företag som vill utveckla sina relationer med finansmarknaden.

Kontakta oss

beQuoted AB
Nybrogatan 34
Box 5216
102 45 Stockholm

08-692 21 90

Om beQuoted