Business
KVIX: Mobile gaming drives revenue growth and strategic focus as Kvix narrows losses
KVIX: Mobile gaming drives revenue growth and strategic focus as Kvix narrows losses
About this update from Kvix Ab
Net sales grew 66% year-over-year in Q3 2024, driven by mobile gaming, while operating losses narrowed sharply due to cost reductions. The acquisition of Blast Bit and strong performance of Modern Command Mayhem in the US mark a strategic shift toward mobile gaming.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.