Enad Global 7 AB Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 15, 2023 at 01:00 am EDT
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Enad Global 7 AB (publ) reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was SEK 482.9 million compared to SEK 462.8 million a year ago. Revenue was SEK 497.2 million compared to SEK 467.4 million a year ago. Net income was SEK 1.5 million compared to net loss of SEK 1,270.9 million a year ago. Basic earnings per share was SEK 0.02 compared to basic loss per share of SEK 14.34 a year ago.
For the six months, sales was SEK 1,054.6 million compared to SEK 862.4 million a year ago. Revenue was SEK 1,072.1 million compared to SEK 870.7 million a year ago. Net income was SEK 89.7 million compared to net loss of SEK 1,269.3 million a year ago. Basic earnings per share was SEK 1.01 compared to basic loss per share of SEK 14.43 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.