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MAG Interactive AB (publ) reported earnings results for the second quarter and six months ended February 29, 2024. For the second quarter, the company reported sales was SEK 81.85 million compared to SEK 104.26 million a year ago. Revenue was SEK 82.44 million compared to SEK 104.51 million a year ago. Net loss was SEK 12.59 million compared to SEK 3.09 million a year ago. Basic loss per share from continuing operations was SEK 0.48 compared to SEK 0.12 a year ago. Diluted loss per share from continuing operations was SEK 0.48 compared to SEK 0.12 a year ago.For the six months, sales was SEK 170.87 million compared to SEK 212.73 million a year ago. Revenue was SEK 172.02 million compared to SEK 214.04 million a year ago. Net loss was SEK 8.19 million compared to SEK 14.32 million a year ago. Basic loss per share from continuing operations was SEK 0.31 compared to SEK 0.54 a year ago. Diluted loss per share from continuing operations was SEK 0.31 compared to SEK 0.54 a year ago.
Period Ending: | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 |
---|---|---|---|---|
Total Revenue | 81.85 | 89.02 | 86.46 | 96.7 |
Gross Profit | 57.32 | 59.67 | 53.08 | 57.79 |
Operating Income | -16.91 | 5.33 | 10.27 | 7.9 |
Net Income | 4.4 | 6.63 | 8.25 |
Period Ending: | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 |
---|---|---|---|---|
Total Assets | 426.03 | 435.04 | 435.48 | |
Total Liabilities | 77.37 | 83.31 | 95.82 | 103.6 |
Total Equity | 342.72 | 339.22 | 331.88 |
Period Ending: | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 |
---|---|---|---|---|
Period Length: | 0 Months | 0 Months | 0 Months | 0 Months |
Cash From Operating Activities | 5.58 | 21.76 | 20.92 | 12.04 |
Cash From Investing Activities | -12.32 | -6.47 | -8.13 | |
Cash From Financing Activities | -2.43 | -2.42 | -2.5 | |
Net Change in Cash | -17.5 | 5.43 | 12.1 | 3.05 |
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