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  • edyoutec’s German subsidiaries have signed orders with a total worth of approx 7.35 MSEK (644.000 EUR) during the first two months of 2024

edyoutec’s German subsidiaries have signed orders with a total worth of approx 7.35 MSEK (644.000 EUR) during the first two months of 2024

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Press release February 27, 2024

edyoutec’s German subsidiaries have had a successful start to 2024 by signing a number of new projects worth approx 7.35 MSEK (644.000 EUR) during January and February.

Besides the already reported orders by the city of Bielefeld and graphical work for an existing client worth 3.4 MSEK (290.000 EUR), edyoutec subsidiaries Unger & Fiedler and Wegesrand report the signing of a total of 3.95 MSEK (354.000 EUR) in new orders values.

Unger & Fiedler have signed further deals to carry out graphical work for triple A videogames worth a total of approximately 2.65 MSEK (237.000 EUR). Wegesrand have expanded on existing orders for upcoming experiences connected to the Hermans-monument and the Luther-Museums and for an industry client in total of close to 1.3 MSEK (117.000 EUR). Most of the revenue is expected to flow in during Q1 and Q2 2024.

edyoutec’s CEO, Eric de Basso, comments:

"This is a strong statement from our German subsidiaries. We see a growing demand for our services and expect a very strong first quarter when it comes to new orders”.

 

For further information, please contact:

Eric de Basso, CEO, edyoutec AB
E-mail: eric@edyoutec.com  
Phone: +46 70 780 52 00

 

This information is information that edyoutec AB is obliged to make public according to the EU's market abuse regulation. The information was provided through the above contact person, for publication on 02-27-2024, at 08:45.

 

About edyoutec

edyoutec is a Swedish company in games and digital education that consists of two verticals, EdTech and games. In the EdTech vertical, the company focuses on developing products in genres such as game-based learning and Serious Games, it is in these areas that edyoutec has identified the greatest synergies between the company's two verticals. In the Games vertical, the business concept is based on developing and distributing free-to-play ("F2P") mobile games for Android and iOS.

For more information, see edyoutec's website www.edyoutec.com

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