Stillfront Group AB (OTCPK:STLFF) This autumn 2024 Earnings Convention Name February 5, 2025 4:00 AM ET
Firm Contributors
Alexis Bonte – Group President and Interim Chief Government Officer
Andreas Uddman – President Finance and World Features, Group Chief Monetary Officer
Convention Name Contributors
Nick Dempsey – Barclays
Martin Arnell – DNB Markets
Rasmus Engberg – Kepler Cheuvreux
Alexis Bonte
Good morning, and welcome to the Stillfront This autumn Report. I’m Alexis Bonte, the Group President and Interim CEO of Stillfront, and I shall be joined later by Andreas Uddman, who’s our Group CFO.
We had sturdy money flows and adjusted EBITDAC within the fourth quarter. This regardless of internet income being down by 5% year-on-year organically. Money stream was up by 170% year-on-year — sorry, on a quarterly foundation and for the full-year of 2024, it totaled SEK1.05 billion. So very sturdy money flows within the fourth quarter, regardless of the natural development being barely decrease than we might have appreciated.
We had general a traditional This autumn by way of UA, however I imply actually general, as a result of it was tougher to put it for sure video games, and we needed to shift across the investments greater than ordinary in the course of the quarter. So a lot of sort of shifting UA from recreation to recreation relying on the outcomes that we noticed. So regular general, however difficult by way of putting it relying on the video games.
We improved our adjusted EBITDAC quarter-on-quarter, but additionally considerably in comparison with This autumn of ’23. This was pushed largely by decrease fastened prices, decrease UAC within the Technique product space and decrease capitalization as we focus our product investments on our key franchises. Within the quarter, the general decline in MAU and DAU was offset by greater ARPDAU.
We additionally had stable development in our direct-to-consumer year-on-year. That is
