Flexion Mobile Q3: Improved long-term prospects
Research Note
2020-02-13
11:51
Revenue was somewhat lower than expected in Q3, mainly due to a stronger British Pound (GBP). EBITDA was in line with estimates. Flexion achieved an important milestone of USD 1 million monthly revenue run rate which gave several sizeable promotions from its partners. Flexion has also improved its technology platform for purchase security strengthening its offer for game developers further.
TO
KL
Tomas Otterbeck
Kristoffer Lindström
Disclosures and disclaimers