Slide 1: Stockholm & Brighton, 350m+ downloads
STOCKHOLM & BRIGHTON 1001001 350 m+ 0111010 downloads data & creativity!
Slide 2: Q3 Highlights
Q3 Highlights Positive Crozzle development continued profitability Wordzee and QuizDuel momentum
Slide 3: Crozzle
CROZZLE couecre
Slide 4: Crozzle Next Steps
crozzle Next Steps Adding more content & events Gradually increase UA investments Tracking towards global launch
Slide 5: Product Mix
Product Mix 46 MSEK 19 MSEK Word Domination Ruzzle WordBrain Quizduel wordzee Revenues Growth Live ops Tile Mansion Word Mansion WordBubbles! 5 MSEK ? ? Primetime Wordalot Word Peace new games Other WordBrain 2 WordBlobs WordWhizzle WordWhizzle Maturity
Slide 6: Audience KPIs
Audience KPIs Compared to Q3 2022/23 User Acquisition DAU ARPDAU 20 1.5 8 16 6 1 US cents Millions 12 MSEK 19 1.3 4 7.1 8 1.1 6.3 12 0.5 2 4 0 0 0 Q3 22/23 Q3 23/24 Q3 22/23 Q3 23/24 Q3 22/23 Q3 23/24 DAU and ARPDAU impacted by lower UA volumes DAU is stable sequentially
Slide 7: Impact From Low User Acquisition
Impact From Low User Acquisition Net sales CONTRIBUTION Adj EBITDA 100 60 25 20 15 MSEK MSEK MSEK 50 89 30 57 22 71 48 10 18 5 0 0 0 Q3 22/23 Q3 23/24 Q3 22/23 Q3 23/24 Q3 22/23 Q3 23/24 Overall sequential stability HEALTHY UNDERLYING CASH GENERATION - 116 MSEK CASH BALANCE
Slide 8: UA Fluctuation Impact
UA Fluctuation Impact Profit margins back to pre-2023 levels 100,000 40 % Adj Net sales Transfer bonus Adj EBITDA margin 75,000 30 % KSEK 50,000 20 % 25,000 10 % 0 0% Q3 2021 Q1 2022 Q3 2022 Q1 2023 Q3 22/23 Q1 2024 Q3 2024
Slide 9: Growth Engines
Growth Engines Expanded portfolio (Organic + M&A) Improved LTV for live Increased games Increased UA for live Ua games Games
Slide 10: Looking Ahead
Looking Ahead Stable live games Match-3 and card king in QuizDuel Expanding crozzle
Slide 11: Crozzle Q3 2023/2024 Soft Launch
Q3 2023/2024 Soft Launch CROZZLE 71 MSEK Net Sales 18 ebitda msek “We continue to run a stable and profitable business. Our Q3 EBITDA margin was 26%” -Daniel Hasselberg, CEO