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.

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Tomas Otterbeck

Kristoffer Lindström

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