Stillfront Group: Below on MAU estimate but with increasing monetization rates

Research Note

2018-07-10

01:06

Yesterday Stillfront Group released their user statistics for Q2’18. The Monthly Average Users (MAU) came in below our projections, but the company states that they see increasing monetization figures. During the quarter Coldwood’s title Unravel Two was launched, the game is not included in the user statistics. We will likely trim our projections for Q2 to a minor degree, but will not make any changes to our valuation. We look forward to an exciting H2 with a lot of releases for the Group.

KL

Kristoffer Lindström

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