Stillfront Group: User statistics for Q3, a little below expectations

Research Note

2018-10-05

14:48

Today Stillfront released their user statistics for Q3. The MAU (Monthly Active Users) amounted to roughly 4.1 million and DAU (Daily Active Users) came in at 0.95 million. Year over year (proforma basis) the MAU grew by 15% and dropped 3% compared to Q2’18. We had modeled a steeper increase. However, we have been relatively conservative regarding monetization, so they cancel each other out somewhat. We will present updated quarterly projections prior to the release of the Q3 report.

KL

TO

Kristoffer Lindström

Tomas Otterbeck

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