MAG Interactive AB (publ) (MAGI) Q3 2026 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:04.234 Hello and welcome to the presentation of MAG's Q3 report. 00:00:04.234 -- 00:00:06.876 I'm Daniel Hasselberg. I'm the CEO of MAG. 00:00:06.876 -- 00:00:11.899 And Magnus Viklander, CFO. So as usual, we're going to talk you through some of the 00:00:11.899 -- 00:00:16.383 highlights of this report. So this is March, April and May. 00:00:16.383 -- 00:00:21.126 And then at the end, we have a Q&A session and throughout the day, we'll answer questions 00:00:21.126 -- 00:00:25.288 online as well on our X and Blue Sky accounts. 00:00:25.781 -- 00:00:29.644 So starting with looking at the highlights from this quarter. 00:00:29.644 -- 00:00:33.907 So our revenues grew by 9% as measured in US dollars. 00:00:33.907 -- 00:00:39.609 In Swedish krona it was about 4%. So there's a little bit of currency headwind here. 00:00:39.711 -- 00:00:42.753 The average revenue per daily active user grew by 24%. 00:00:42.753 -- 00:00:47.756 So this is kind of a combination of our latest game Crossell is now a 00:00:47.756 -- 00:00:52.540 bigger part of the portfolio and also kind of optimizations in our live games in general 00:00:52.540 -- 00:00:57.724 versus last year. And thirdly, we want to highlight that Wordsy is now out 00:00:57.724 -- 00:01:02.668 on our new tech platform. So that gives us a lot of interesting opportunities going forward. 00:01:02.668 -- 00:01:06.129 So more about that in a minute. 00:01:06.371 -- 00:01:10.194 In Q2, we talked about the geographical expansion of Crossell. 00:01:10.194 -- 00:01:15.318 So we localized it to a number of more languages, so Dutch and the Nordic languages 00:01:15.318 -- 00:01:20.462 and so on. And we expected that to result in growth in Q3, which 00:01:20.462 -- 00:01:24.145 we also saw. So the revenues a...