STABLE USER INTEREST AFTER CHANGED STRATEGY FOCUS

In line with expectations from the new strategy focused on organic growth, October shows only a small reduction in the total number of users. This despite sharply reduced marketing since the second half of October. User interest remains stable.

Adventure Box is the leading streaming platform for user-created computer games.

As previously communicated, the company has further narrowed its focus to those users who develop and share games on the platform. According to the company's calculations, this narrowing of the target group will in future lead to faster, viral, growth.

"The development is completely in line with our expectations," said Christopher Kingdon, CEO of Adventure Box Technology AB (publ).

Key figures for Adventure Box October 2020

October key figures below (September in parentheses):

· Number of website visitors 1,428,552 (1,927,074)

· Proportion of visitors from gaming websites 4% (3%)

· Percentage of visitors bought traffic[1] 25% (28%)

· Average cost for purchased traffic SEK 0.14 (SEK 0.15)

· Number of returning users 357,012 (441,885)

· Number of views of still image advertising 711 550 (606 764)

· Revenue per thousand views of still image advertising SEK 13 (SEK 12)

In addition, note that due to the very large amounts of data, the above key figures, taken from Google Analytics / AdSense / Ads, may vary over time.

[1] The proportion of visitors from paid search is only one type of traffic purchase and is shown only as a reference to the figures from previous monthly reports. A large proportion of the users come via other networks, where it is not always shown from where or why users come to the site.

FOR MORE INFORMATION CONTACT:

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

chris@adventurebox.com, corp.adventurebox.com

ABOUT ADVENTURE BOX TECHNOLOGY AB

Adventure Box 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 Kerala (India). Adventure Box is traded at Nasdaq First North Growth Market under the short name ADVBOX and ISIN code SE0012955276. Redeye AB with email certifiedadviser@redeye.se and phone number +46 8 121 576 90 is the company's Certified Adviser.

GESTRUMENT LÅTER ADVENTURE BOX-ANVÄNDARE SKAPA ADAPTIV MUSIK

Adventure Box och Gestrument inleder ett samarbete för att göra det möjligt för Adventure Box-spelskapare att enkelt skapa och använda interaktiv musik i de dataspel och audiovisuella upplevelser de skapar.


GESTRUMENT LETS ADVENTURE BOX USERS CREATE ADAPTIVE MUSIC

Adventure Box and Gestrument begin a collaboration to enable Adventure Box game creators to easily make and use interactive music in the computer games and audiovisual experiences they create.


ANVÄNDARNA LÄGGER VÄSENTLIGT MER TID PÅ ADVENTURE BOX

Den genomsnittliga sessionstiden på spelplattformen har nära fyrfaldigats.


USERS SPEND SIGNIFICANTLY MORE TIME ON ADVENTURE BOX

The average session time on the gaming platform has almost quadrupled.


VALBEREDNINGEN FÖRESLÅR ATT RIKARD HERLITZ VÄLJS IN I STYRELSEN

Valberedningen i Adventure Box Technology AB (publ) ("Adventure Box") föreslår omval av styrelseledamöterna Örjan Frid, Christopher Kingdon, Staffan Eklöw, Christine Rankin, Claes Kalborg och Jason Williams samt nyval av Rikard Herlitz vid årsstämman 2021. Vidare föreslås omval av Örjan Frid till styrelseordförande.


THE NOMINATION COMMITTEE PROPOSES THAT RIKARD HERLITZ BE ELECTED TO THE BOARD OF DIRECTORS

The Nomination Committee of Adventure Box Technology AB (publ) ("Adventure Box") proposes re-election of the Board members Örjan Frid, Christopher Kingdon, Staffan Eklöw, Christine Rankin, Claes Kalborg and Jason Williams as well as the election of Rikard Herlitz at the 2021 Annual General Meeting. Örjan Frid is proposed for re-election as Chairman of the Board.


FLER LOJALA ANVÄNDARE OCH ÖKAD ANDEL ÅTERVÄNDANDE ANVÄNDARE

Produktförbättringar och fler lojala "super-användare" leder till en ökad andel återvändande användare under februari jämfört med januari, från 24,0% till 26,3%.


MORE LOYAL USERS AND AN INCREASED SHARE OF RETURNING USERS

Product improvements and more loyal "super-users" lead to an increased share of returning users in February compared to January, from 24.0% to 26.3%.


BOKSLUTSKOMMUNIKÉ 1 JANUARI 2020-31 DECEMBER 2020

Under kvartalet genomfördes först en nyemission om 60 MSEK varpå Bolaget justerade sina planer efter de förbättrade förutsättningarna och tillsatte 8 nya strategiska befattningar.


INTERIM REPORT FOR THE FINANCIAL YEAR 2020

During the quarter, a new share issue of SEK 60 million was first carried out, after which the Company adjusted its plans according to the improved conditions and appointed 8 new strategic positions.


FLER BESÖKARE TROTS SÄNKT MARKNADSFÖRINGSKOSTNAD

Under januari ökade antalet besökare från 231 062 till 317 804, kundanskaffningskostnaderna sänktes från 0,28kr till 0,09kr och andelen återvändande användare från 25% till 24%.


MORE VISITORS DESPITE LOWER MARKETING SPEND

In January the number of platform visitors increased from 231,062 to 317,804, customer acquisition costs were lowered from SEK 0.28 to SEK 0.09, and the share of returning users decreased from 25% to 24%.


NY CFO TILL ADVENTURE BOX

Adventure Box rekryterar som ny Chief Finance Officer Sofia Nilsson. Sofia kommer närmast från en position som VP GROW and Head of Accounting hos Nordic Insource Solutions AB. Hon tillträder sin tjänst den 20 april 2021 och efterträder nuvarande CFO Hans Richter.


ADVENTURE BOX WELCOMES NEW CFO

Adventure Box welcomes Sofia Nilsson as new Chief Financial Officer. Sofia leaves her current position as VP GROW and Head of Accounting at Nordic Insource Solutions AB and will begin her new role on April 20,th 2021, replacing the current CFO Hans Richter.


DECEMBER: ÖKAT ANVÄNDARENGAGEMANG MED FÄRRE ANVÄNDARE

Användarstudier och därpå genomförda produktförbättringar har resulterat i bättre användarbeteende, ökad tid spenderad på webbplatsen och fler återvändande användare.


DECEMBER: INCREASED USER ENGAGEMENT WITH FEWER USERS

User experience research followed by product improvements have resulted in better user behavior, increased time spent on site and more returning users.


ADVENTURE BOX JULBREV 2020-12-23

Kära Adventure Box-ägare och/eller Adventure Box-följare!


ADVENTURE BOX CHRISTMAS LETTER 2020-12-23

Dear Adventure Box owner and / or Adventure Box follower,


MICHAEL BENDSEN NY CREATIVE DIRECTOR PÅ ADVENTURE BOX

Efter ett framgångsrikt samarbete under 2020 går nu Michael Bendtsen, välkänd spelentrepenör och en av skaparna av spelplattformen KOGAMA, in i Adventure Box ledningsgrupp som Creative Director.


ADVENTURE BOX SIGNS MICHAEL BENDTSEN AS CREATIVE DIRECTOR

After an autumn of close and successful collaboration, Michael Bendtsen, a well-known games entrepreneur and one of the creative minds behind the gaming platform KOGAMA, joins the leadership team at Adventure Box AB as Creative Director.


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