tradingkey.logo

BRIEF-Stillfront To Book SEK 6.9 Bln Goodwill Impairment

ReutersJan 30, 2025 6:27 AM

- Stillfron AB SFRG.ST:

  • SAID ON WEDNESDAY IT WILL BOOK NON-CASH GOODWILL IMPAIRMENT OF SEK 6.9 BILLION AND ACCELERATION OF AMORTIZATION IN Q4 2024

  • SAYS SHORTER ECONOMIC LIFETIME OF OTHER DEVELOPED GAMES OF SEK 0.2 BILLION IN Q4

  • SAYS IMPAIRMENT OF GOODWILL ATTRIBUTED TO NEW NORTH AMERICA BUSINESS AREA AND WILL BE REPORTED AS ITEM AFFECTING COMPARABILITY

  • TOTAL IMPAIRMENT CHARGE AND AMORTIZATION REPRESENTS ABOUT 33% OF STILLFRONT'S TOTAL AMOUNT OF GOODWILL AND OTHER INTANGIBLE ASSETS

  • NET REVENUE AMOUNTED TO SEK 1.66 BILLION IN Q4 2024 WITH 5% ORGANIC DECLINE YEAR-OVER-YEAR

  • GROSS PROFIT AMOUNTED TO SEK 1.32 BILLION IN Q4

  • ADJUSTED EBITDAC OF SEK 410 MILLION AND A 25% ADJUSTED EBITDAC MARGIN IN Q4

  • Q4 FREE CASH FLOW LTM SEK 1.05 BILLION VERSUS SEK 833 MILLION IN Q4 2023


Source text for Workspace: nNDL2npB50
Further company coverage: SFRG.ST

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

KeyAI