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

Investor webinar replay

Replay transcript excerpt

Hello and welcome to the presentation of MAG's Q3 report. I'm Daniel Hasselberg. I'm the CEO of MAG. And Magnus Viklander, CFO. So as usual, we're going to talk you through some of the highlights of this report. So this is March, April and May. And then at the end, we have a Q&A session and throughout the day, we'll answer questions online as well on our X and Blue Sky accounts. So starting with looking at the highlights from this quarter. So our revenues grew by 9% as measured in US dollars. In Swedish krona it was about 4%. So there's a little bit of currency headwind here. The average revenue per daily active user grew by 24%. So this is kind of a combination of our latest game Crossell is now a bigger part of the portfolio and also kind of optimizations in our live games in general versus last year. And thirdly, we want to highlight that Wordsy is now out on our new tech platform. So that gives us a lot of interesting opportunities going forward. So more about that in a minute. In Q2, we talked about the geographical expansion of Crossell. So we localized it to a number of more languages, so Dutch and the Nordic languages and so on. And we expected that to result in growth in Q3, which we also saw. So the revenues and DEU grew throughout the quarter, so we exited at a higher revenue level than we entered the quarter. And I think it's a good reminder that this is a one-year-old game. We started skating it up in late May last year. And usually it takes two to three years for a game to peak after launch. So we have a lot of exciting stuff ahead of us in terms of new features and optimization of current both content and functionality in the game. And CrossL is also now rolling out on the latest version of our platform, which means that it's going to get access to all...