M.O.B.A. Network AB (publ) (MOBA) Q3 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hi, I'm Anders. I'm the CEO of Mobile Network, and this is the presentation of our Q3 results. Mobile Network is a company that reaches more than 220 million gamers every month. That's nearly a quarter of a billion gamers every month. Our vision is to globally unite and elevate gamers and creators, and we're building the world's largest gaming community network in which gamers and creators can learn, create, and connect. Our diversified network of products is based on 25 global niched web brands. The majority of these are found within communities and data. We also have forums and original content sites. Jointly, these websites generate more than 150 million paid views. Our in-game apps are represented by our flagship app, Porefessor. It's the world leader in the world of League of Legends. Just this week, we launched its little brother, Valofessor, that's based on the game Valorant, which has really high potential. Our in-game apps jointly attract 1.5 million active users and 13.5 million app installs. Our video creator network, Unity for Gamers, is mainly based on YouTube and generates north of 1 billion views each month. Our target audience across the network is really attractive for advertisers as Gen Z and millennials keep getting harder to reach through traditional medias. Our geos are also heavy in the U.S. and Europe that typically monetize really well with ads. Our Q3 marks our record-breaking quarter. It's the best Q3 quarter in our history. Revenue is up from $72 to $80 million, up 12%. EBITDA is up $11 million to $15 million, up 35%. EBIT is up from 2 to 10, 400%, and cash flow from operating activities before changes in working capital are up from 2 to 8 million, an improvement with 367%. Looking at our first three quarters this year, we're up from $191 t...