Enad Global 7 AB Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
February 13, 2024 at 01:00 am EST
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Enad Global 7 AB (publ) reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was SEK 473.1 million compared to SEK 559 million a year ago. Revenue was SEK 488.4 million compared to SEK 560.2 million a year ago. Net income was SEK 56.4 million compared to net loss of SEK 89.5 million a year ago. Basic earnings per share from continuing operations was SEK 0.64. Basic earnings per share was SEK 0.64 compared to basic loss per share of SEK 1.01 a year ago.
For the full year, sales was SEK 2,045 million compared to SEK 1,865.9 million a year ago. Revenue was SEK 2,087.5 million compared to SEK 1,878.7 million a year ago. Net income was SEK 156.1 million compared to net loss of SEK 1,239 million a year ago. Basic earnings per share from continuing operations was SEK 1.76. Basic earnings per share was SEK 1.76 compared to basic loss per share of SEK 14.04 a year ago.
Toadman Interactive AB is a Sweden-based game development studio with primary focus on Role Playing Games (RPG). The Company develops games for a range of platforms, including PC, Mac, Linux, PS3, PS4, X360, XONE, iOS, Android Mobile and Android Consoles. The Company uses Autodesk Stingray game engine to build games. Toadman Interactive AB operates within two business areas: Game Development and Consulting. The Game Development implies development of own games, such as Immortal: Unchained. The Consulting business area comprises tailor-made consulting services for both developers and publishers worldwide, including support on different phases of process, such as game design, programming and graphics.