Adventure Box strives to communicate in both Swedish and English. We fulfill our regulatory obligations by communicating in Swedish and our English releases may thereby on occasion be distributed later than the Swedish ones.
During the quarter, the company's continued focus on costs was successful and led to reduced costs, mainly due to lower organizational costs and fewer employees. On September 12, it was announced that Adventure Box is acquiring Danish Multiverse with the popular gaming platform KoGaMa. The acquisition propels Adventure Box several years ahead in terms of product development and market position. With KoGaMa the company gets a thriving platform with a large and active gaming community. Apart from making the company one of the best in its segment, the acquisition also means revenue streams from advertisements, in-game micro transactions and consulting assignments.
QUARTER JULY - SEPTEMBER IN SUMMARY
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 below contact persons' publication for publication on 24 November 2022 at 8:32 CET.
FOR MORE INFORMATION CONTACT:
Michal Bendtsen, CEO Adventure Box, +46 (0) 26 355 377, email@example.com, 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 Seville, Copenhagen, and Madrid. Adventure Box is traded at Nasdaq First North Growth Market under the short name ADVBOX and ISIN code SE0012955276. Aktieinvest FK AB with email firstname.lastname@example.org and phone number +46 739 49 62 50 is the company's Certified Adviser.
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