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.

QUARTER JULY 1 - SEPTEMBER 30 IN SUMMARY

  • The Group's net sales during the quarter were SEK 0 thousand (SEK 21 thousand).
  • Net income amounted to SEK -4,569 thousand (SEK -4,080 thousand) or SEK -0.30 (SEK -0.38) per share before dilution.
  • Net cash flow before financial items was SEK 6,835 thousand (SEK -5,209 thousand)
  • The company's cash and cash equivalents at the end of the quarter amounted to SEK 35,619 thousand (SEK 7,504 thousand).
  • The Group's equity at the end of the quarter amounted to SEK 61,971 thousand (SEK 30,322 thousand).
  • Average customer acquisition cost (cost per purchased visitor) has been reduced further and landed at SEK 0.25 on average over the quarter against SEK 0.39 in Q2.
  • Revenue per thousand views of still image advertising went up to SEK 7 in the last month of the quarter, compared with SEK 2 in June. However, there is little revenue while the multimaker is being tested.

PERIOD JANUARY 1 - SEPTEMBER 30 IN SUMMARY

  • The Group's net sales during the period was SEK 1 thousand (SEK 115 thousand)
  • Net result amounted to SEK -15,178 thousand (SEK -11,350 thousand) or SEK -1.01 (SEK -1.13) per share before dilution.
  • Net cash flow before financial items was SEK -21,785 thousand (SEK -15,403 thousand

SIGNIFICANT EVENTS AFTER THE END OF THE PERIOD

  • Adventure Box has appointed a new CEO, Rickard Riblom took over as the new CEO of Adventure Box on October 11, 2021.
  • Board member Christine Rankin has, at her own request, chosen to leave her position as a member of Adventure Box's board.
  • The Board of Directors of Adventure Box Technology AB (publ) received a letter from shareholders on October 27, in which it is requested that the Board convene an Extraordinary General Meeting where the election of the Board is to be considered.
  • The shareholders are called to the Extraordinary General Meeting on Thursday, December 16, 2021 at 14:00 in the Company's premises at Sveavägen 166, Stockholm.
  • CFO Sofia Nilsson has decided to leave her current position in Adventure Box. The process of appointing her successor has begun.
  • The multimaker is delayed. Intensive development work is currently underway to make the new game form "Multimaker" so good that the successive launch can begin in January.
  • Adventure Box restructures the company. The company will in 2022 achieve a cost saving of about 35% given the changes made.

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 above contact persons' publication for publication on 25 November 2021 at 8:32 CET.

FOR MORE INFORMATION CONTACT:

Rickard Riblom, CEO Adventure Box, +46 (0)70 444 24 79,
[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, Cobenhagen, Madrid and Riga. 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 +46 739 49 62 50 is the company's Certified Adviser.

ADVENTURE BOX: PATENTANSÖKAN GODKÄND I JAPAN

Adventure Box patentansökan gällande patent "Method for three-dimensional voxel-based modeling" har nu godkänts i Japan.


ADVENTURE BOX: PATENT APPLICATION APPROVED IN JAPAN

Adventure Box's patent application for the "Method for three-dimensional voxel-based modeling" patent has now been approved in Japan.


ADVENTURE BOX: MULTIMAKER ÖVERRASKAR IGEN - BOUNCE RATE PÅ LÅGA 8%

Under maj har 198 105 användare besökt Adventure Box. Nya mätningar under maj visar att avvisningsfrekvensen, "Bounce rate", för Multimaker är låg i jämförelse med snittet för andra företag i spelbranschen vilket är positivt, samtidigt som intäkterna från annonsvisningar mer än dubblerats jämfört med april.


ADVENTURE BOX: MULTIMAKER SURPRISES AGAIN - BOUNCE RATE LOW AT 8%

In May, 198,105 users visited Adventure Box. New measurements in May show that the bounce rate for Multimaker is low compared to the average for other companies in the gaming industry, which is positive, while revenue from ad impressions more than doubled compared to April.


DELÅRSRAPPORT 1 JANUARI-31 MARS 2022

Utvecklingen av den nya spelformen Multimaker fortsätter enligt plan. Nya mätdata från Multimaker visar samtidigt bättre resultat jämfört med den klassiska plattformen.


INTERIM REPORT 1 JANUARY - 31 MARCH 2022

The development of the new game form Multimaker continues according to plan. New measurement data from Multimaker also shows better results compared to the classic platform.


KOMMUNIKÉ FRÅN ÅRSSTÄMMAN I ADVENTURE BOX TECHNOLOGY AB (publ)

Vid dagens årsstämma i Adventure Box Technology AB (publ), org.nr. 556963-6599 ("bolaget"), som genomförts enbart genom poströstning med stöd av tillfälliga lagregler, fattades nedan angivna beslut. Samtliga beslut var i enlighet med framlagda förslag, vilka beskrivs i detalj i stämmohandlingarna som finns tillgängliga på bolagets webbplats, corp.adventurebox.com.


BULLETIN FROM THE ANNUAL GENERAL MEETING IN ADVENTURE BOX TECHNOLOGY AB (publ)

At today's Annual General Meeting in Adventure Box Technology AB (publ), Reg. No. 556963-6599 (the "company"), which has been conducted solely through postal voting pursuant to temporary legislation, the following resolutions were made. All resolutions were in accordance with the submitted proposals, described in detail in the general meeting documents available on the company's website, corp.adventurebox.com.


ADVENTURE BOX: ORGANISKA SÖKNINGAR BÖRJAR VÄXA

Under april har 199 420 användare besökt Adventure Box. Nya data visar samtidigt att den nya spelformen Multimaker uppvisar en avsevärt större andel besökare genom obetalda sökresultat.


ADVENTURE BOX: ORGANIC SEARCHES STARTS TO GROW

199,420 users visited Adventure Box in April. New data also show the new game form Multimaker has a significantly larger proportion of visitors through unpaid search results.


ADVENTURE BOX PUBLICERAR ÅRSREDOVISNING FÖR 2021

Från och med idag finns Adventure Box årsredovisning för 2021 tillgänglig i svensk och engelsk version på bolagets webbplats corp.adventurebox.com


ADVENTURE BOX PUBLISHES ANNUAL REPORT FOR 2021

Today, Adventure Box published the Annual Report for 2021 on the corporate website, corp.adventurebox.com


KALLELSE TILL ÅRSSTÄMMA I ADVENTURE BOX TECHNOLOGY AB (publ)

Aktieägarna i Adventure Box Technology AB (publ), org.nr. 556963-6599, ("Adventure Box" eller "bolaget"), kallas härmed till årsstämma att hållas den 19 maj 2022.


NOTICE OF ANNUAL GENERAL MEETING IN ADVENTURE BOX TECHNOLOGY AB (publ)

The shareholders of Adventure Box Technology AB (publ), Reg. No. 556963-6599 ("Adventure Box" or the "company") are hereby summoned to the Annual General Meeting on 19 May 2022.


VALBEREDNINGENS FÖRSLAG TILL ÅRSSTÄMMAN 2022

Valberedningen i Adventure Box Technology AB (publ) ("Adventure Box") föreslår omval av styrelseledamöterna Örjan Frid, Staffan Eklöw, Claes Kalborg, Jason Williams och Rikard Herlitz vid årsstämman 2022 som hålls torsdagen den 19 maj. Vidare föreslås omval av Örjan Frid till styrelseordförande.


THE NOMINATION COMMITTEE'S PROPOSAL FOR THE 2022 GENERAL MEETING

The Nomination Committee of Adventure Box Technology AB (publ) ("Adventure Box") proposes re-election of the Board members Örjan Frid, Staffan Eklöw, Claes Kalborg, Jason Williams and Rikard Herlitz at the 2022 Annual General Meeting, which will be held on Thursday 19 May. Furthermore, re-election of Örjan Frid as Chairman of the Board.


ADVENTURE BOX: FLER ANVÄNDARE OCH LÄNGRE TID I MULTIMAKERN

Under mars ökade antalet användare på plattformen till 219 269 jämfört med 197 580 besökare under februari. Multimakern genererar samtidigt en betydligt längre spelsessionstid hos användarna jämfört med den tidigare plattformen.


ADVENTURE BOX: MORE USERS AND LONGER TIME IN THE MULTIMAKER

During March, the number of visitors on the platform increased to 219,269 compared to 197,580 in February. At the same time, the multimaker generates a significantly longer gaming session time for users compared to the previous platform.


ADVENTURE BOX: SPELMODELLEN VISAR FORTSATT STYRKA

Trenden med både ökad andel återvändande användare och ökad spelsessionslängd hos dessa fortsätter jämfört med föregående månad.


ADVENTURE BOX: THE GAME MODEL SHOWS CONTINUED STRENGTH

The trends of an increasing number of returning users and increased duration of gaming sessions amongst returning users continue compared with the previous month.


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