US/UK/Canada

Share

Pick a time period -
Tags ( Active)

Year-End Report and report for the fourth quarter for January 1, 2024 to December 31, 2024

· Net turnover in the period amounted to 68 100 TSEK (52 075 TSEK). Net turnover in the fourth quarter amounted to 14 135 TSEK (19 685 TSEK). · Earnings before interest and taxes (EBIT) amounted to -7 879 TSEK (-29 869 TSEK). Earnings before interest and taxes (EBIT) in the fourth quarter amounted to -4 188 TSEK (-15 904 TSEK). · The result after financial items amounted to -16 949 TSEK (-34 079 TSEK). The result after financial items in the fourth quarter amounted to -5 604 TSEK (-14 509 TSEK). · The result per share amounted to -1,523 SEK (-0,073 SEK) in the period. The

Jumpgate divests Tableflip Entertainment and executes a significant cost savings program

Jumpgate´s Board of Directors has resolved to divest the subsidiary Tableflip Entertainment AB (“Tableflip“) to the studio management as part of a significant cost savings program. In the agreement the management of Tableflip take over the company for a symbolic consideration and the transaction is expected to close shortly. Don Geyer (CBDO) and Håkan Mattsson (CTO) is leaving Jumpgate in connection with the sale. Furthermore, the number of employees in the German operations has decreased by ca 30. Following this the number of employed in the group will be decreased by ca 50 %. “The

Jumpgate enters into partner agreements for three publicly co-financed game projects of a total potential vale of ca 30 million SEK

The German program for public co-financing of game development projects opened up for new applications in the end of 2024 and Jumpgate has applied for funds for three new projects. The public financing requires matching external financing and Jumpgate has now contracted partner financing of ca 16.6 million SEK, allowing for a total potential financing of ca 30 million SEK, provided that the applications for public financing are approved. “We continue to build our project pipeline with externally financed game projects, where we with support from the German funding program can maintain a

Gamigo announces the release date for FATE: Reawakened

Gamigo announced on Friday, February 14, the release date for FATE: Reawakened, which will be released on March 12 for PC, PlayStation, Xbox, and Nintendo consoles. See the announcement at the following link: https://store.steampowered.com/news/app/3030720 Watch the trailer here: https://www.youtube.com/watch?v=U2s88svxpQY Jumpgate´s game studio Tableflip Entertainment has been part of the development project for the game through a work for hire agreement with Gamigo. For additional information Harald Riegler CEO, Jumpgate AB Phone: +46 (0)705 - 54 73 33 E-mail: harald@

Jumpgate makes a conversion share issue of debt comprising ca 0.7 MSEK

Jumpgate´s board of directors has decided to make a conversion share issue of 114 394 shares directed to ATO Consulting GmbH, Daniel Kuhn and Stephan Reichart. The subscription price is 6 SEK per share. The share issue is done based on the mandate from the Extra General Meeting on June 18, 2024. Through the share issue, debt of a total value of 686 364 SEK is converted to equity. The price per share is 6 SEK, the equivalent of the latest rights issue in the company and is done at a premium to the listed share price. Background and MotivationThe purpose of the conversion of debt to

Interim Report for January 1, 2024 to September 30, 2024

· Net turnover in the period amounted to 53 966 TSEK (32 390 TSEK). Net turnover in the third quarter amounted to 19 115 TSEK (17 968 TSEK). · Earnings before interest and taxes (EBIT) amounted to -3 691 TSEK (-13 965 TSEK). Earnings before interest and taxes (EBIT) in the third quarter amounted to 2 355 TSEK (-2 439 TSEK). · The result after financial items amounted to -11 345 TSEK (-19 570 TSEK). The result after financial items in the third quarter amounted to 1 546 TSEK (-4 008 TSEK). · The result per share amounted to -1,017 SEK (-2,693 SEK) in the period. The result per share

Gamigo announces FATE: Reawakened for consoles

Gamigo announced FATE: Reawakened for PlayStation, Xbox, and Nintendo Switch on November 15th. See the press release on the following link: https://press.gamigo.com/publisher-gamigo-to-bring-critically-acclaimed-dungeon-crawler-fate-remaster-to-consoles-in-fate-reawakened Jumpgate´s game studio Tableflip Entertainment has been part of the development project for the game through a work for hire agreement with Gamigo. For additional information Harald Riegler CEO, Jumpgate AB Phone: +46 (0)705 - 54 73 33 E-mail: harald@jumpgategames.se About the Company Jumpgate AB is an

Redeye initiates analysis and coverage of Jumpgate AB with a motivated valuation of 6.50 SEK per share in the base case

Redeye has today published an initial analysis of Jumpgate AB. In the analysis Redeye highlights that Jumpgate presented a positive EBIT in the second quarter 2024 and that a strong business development pipeline has the potential to increase revenue from estimated 74 MSEK in 2024e to 141 MSEK in 2027e. Furthermore it´s underlined that the business model provides a stable foundation, with realistic possibilities of further growth and profitability from successful game releases. In the base case Redeye sets a motivated valuation of 6.50 SEK per share for Jumpgate. The valuation is based on

Balance day for the consolidation of shares in Jumpgate AB

The Board of Directors in Jumpgate AB (publ) (”Jumpgate” or the ”Company”) have, based on an authorization from the Annual General Meeting held on June 18, 2024, resolved that the balance day for the consolidation of shares shall be October 3, 2024. Through the consolidation, one hundred (100) present shares will be consolidated to one (1) share.Consolidation of shares The Annual General Meeting resolved on June 18, 2024 to consolidate shares by consolidating one hundred (100) present shares to one (1) share. To enable the consolidation, it was also resolved to change the limits of the

Interim Report for January 1, 2024 to June 30, 2024

· Net turnover in the period amounted to 34 850 TSEK (14 423 TSEK). Net turnover in the second quarter amounted to 18 450 TSEK (7 540 TSEK). · Earnings before interest and taxes (EBIT) amounted to -6 046 TSEK (-11 526 TSEK). Earnings before interest and taxes (EBIT) in the second quarter amounted to 1 630 TSEK (-6 645 TSEK) · The result after financial items amounted to -12 891 TSEK (-15 562 TSEK). The result after financial items in the second quarter amounted to -1 988 TSEK (-9 402 TSEK). · The result per share amounted to -0,027 SEK (-0,036 SEK) in the period. The result per

Jumpgate AB advances the announcement date for the interim report for the second quarter

The Board of Jumpgate AB has resolved to advance the announcement date of the interim report for the second quarter to Monday, August 19 at 11.15. The previous date was August 28. The reason for the decision is that it has turned out to be possible to complete the report earlier than expected. For additional information Harald Riegler CEO, Jumpgate AB Phone: +46 (0)705 - 54 73 33 E-mail: harald@jumpgategames.se About the Company Jumpgate AB is an independent group of game development companies founded in 2011, comprising five game studios: Nukklear (Hannover), Tivola Games (

Publisher gamigo Reveals FATE: Reawakened, Upcoming Remaster for the Beloved Classic Dungeon Crawler Series

Relive the Golden Era of Action RPGs with Updated Graphics, Gameplay, and MoreHamburg, Germany (August 9th, 2024) - A beloved old-school adventure begins anew as MMORPG publisher gamigo  and developer Tableflip  announce FATE: Reawakened, a full remaster of the original classic FATE series, originally developed and published by WildTangent! Breathing new life into a classic, FATE: Reawakened updates the iconic dungeon crawler quadrilogy with remastered audio tracks, complete graphical overhauls, and additional language support. More exciting

Jumpgate Receives ca 12.2 million SEK in Project Financing for Game Project

Jumpgate has entered into a financing agreement for a new game project for consoles and PC, to be launched in 2025. The total game budget amounts to ca 12.2 million SEK (1.07 million EUR), and is project financed by a consortium comprising MGV Financing AB*, Triple Dragon (a British financing company focusing on game financing) and a license / IP partner. Jumpgate is participating in the financing through a debt facility from Triple Dragon amounting to approximately 2.5 million SEK (0.2175 million EUR) allowing Jumpgate to capture additional upside from the project. In addition to being a

Jumpgate decreases the indebtedness with 24.5 million SEK

Jumpgate has decreased the indebtedness with 24.5 million SEK, primarily through payments of the remaining consideration for the acquisition of Nukklear and an amortization of 10 million SEK on an interest-bearing loan. This has been enabled by proceeds from the sale of Tivola´s mobile games portfolio as well as the recent rights issue. Following the payments, the Company still has an interest-bearing loan of 11 million SEK. “An important part of our strategic plan is to reduce the indebtedness and the financial risk in the Company. Thus, it´s very positive to be able to announce that we

Jumpgate AB announces the last day for trading with paid subscribed shares (BTA)

THIS PRESS RELEASE MAY NOT BE MADE PUBLIC, PUBLISHED OR DISTRIBUTED, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, HONG KONG, JAPAN, CANADA, NEW ZEELAND, SINGAPORE, SOUTH AFRICA, THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH SUCH ACTIONS, WHOLLY OR IN PART, WOULD BE UNLAWFUL. THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER TO BUY SECURITIES IN JUMPGATE AB. SEE ALSO IN THE SECTION "IMPORTANT INFORMATION" BELOW.Jumpgate AB's ("Jumpgate" or the "Company") rights issue of shares, whose subscription period ended on June 5, 2024, has now been registered with the Swedish Companies

JUMPGATE AB Press Release from the Extra General Meeting in Jumpgate AB June 18, 2024

Jumpgate AB (the “Company”) held an Extra General Meeting on Tuesday June 18, 2024 in the Company premises in Visby. The Annual General Meeting resolved in accordance with all previously announced proposed resolutions. Below follows a summary of the main resolutions that were made. The Extra General Meeting resolved to do a conversion issue of maximum 143 657 997 shares. The share price is 0.06 SEK and shall be paid by conversion of claims. Through the conversion issue, the Company´s registered share capital is increased with maximum 3 951 538.70 SEK. All resolutions were unanimous.

JUMPGATE AB Press Release from the Annual General Meeting in Jumpgate AB June 18, 2024

Jumpgate AB (the “Company”) held its Annual General Meeting on Tuesday June 18, 2024 in the Company premises in Visby. The Annual General Meeting resolved in accordance with all previously announced proposed resolutions. Below follows a summary of the main resolutions that were made. The Company´s income statement and balance sheet was adopted and it was resolved to balance the Company´s loss according to the approved balance sheet. The board members and the CEO were discharged from liability in accordance with the recommendation from the auditors. Martin Ekdal, Marcus Jacobs,

Jumpgate AB announces outcome of the rights issue and decides on a directed share issue to guarantors

THIS PRESS RELEASE MAY NOT BE MADE PUBLIC, PUBLISHED OR DISTRIBUTED, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, HONG KONG, JAPAN, CANADA, NEW ZEELAND, SINGAPORE, SOUTH AFRICA, THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH SUCH ACTIONS, WHOLLY OR IN PART, WOULD BE UNLAWFUL. THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER TO BUY SECURITIES IN JUMPGATE AB. SEE ALSO IN THE SECTION "IMPORTANT INFORMATION" BELOW.The subscription period for Jumpgate AB's ("Jumpgate" or the "Company") rights issue with preferential rights for the Company's existing shareholders (the "Rights Issue"), which

Reminder: Last day to subscribe in Jumpgate AB’s ongoing rights issue

THIS PRESS RELEASE MAY NOT BE MADE PUBLIC, PUBLISHED OR DISTRIBUTED, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, HONG KONG, JAPAN, CANADA, NEW ZEELAND, SINGAPORE, SOUTH AFRICA, THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH SUCH ACTIONS, WHOLLY OR IN PART, WOULD BE UNLAWFUL. THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER TO BUY SECURITIES IN JUMPGATE AB. SEE ALSO IN THE SECTION "IMPORTANT INFORMATION" BELOW.Wednesday, June 5, 2024, is the last day to subscribe for shares in Jumpgate AB's ("Jumpgate" or the "Company") rights issue of shares amounting to approximately SEK 28.6

Interim Report for January 1, 2024 to March 31, 2024

· Net turnover in the period amounted to 16 400 TSEK (6 882 TSEK). · Earnings before interest and taxes (EBIT) amounted to -7 676 TSEK (-4 881 TSEK). · The result after financial items amounted to -10 903 TSEK (-6 160 TSEK). · The result per share amounted to -0,023 SEK (-0,043 SEK) in the period. · On January 31, it was announced that an Amendment Agreement had been entered into with the seller of Nukklear about the original Share Purchase Agreement. The payment date of the final part of the cash consideration (1 million EUR) was delayed from January 31 2024 to May 31

Jumpgate AB Publishes the Annual Report and Auditor´s Statement for 2023

Jumpgate AB:s Annual Report for the accounting year 2023 is available as of today on the Company´s website www.jumpgategames.se. A PDF of the Annual Report is also attached to this press release (The English version will be available shortly). The Annual General Meeting will take place on Tuesday, June 18 pursuant to the previous notice. For additional information Harald Riegler CEO, Jumpgate AB Phone: +46 (0)705 - 54 73 33 E-mail: harald@jumpgategames.se About the Company Jumpgate AB is an independent group of game development companies founded in 2011, comprising five game

Notice of Annual General Meeting of Jumpgate AB

The shareholders of Jumpgate AB are hereby given notice to attend the Annual General Meeting on Tuesday 18 June 2024 at 1.00 pm at the office of the company on S:t Hansgatan 35, 621 56 Visby. Entry and registration for the general meeting starts at 12.30.Right to participate and notice of participation Shareholders who wish to attend the meeting shall be entered in the share register kept by Euroclear Sweden AB no later than 10 June 2024, and no later than 12 June 2024 give notice of participation submitted by e-mail to info@jumpgategames.se. When giving notice of participation, please

Jumpgate AB resolves to carry out a rights issue of ca 28.6 MSEK, fully covered by subscription commitments, subscription intents and guarantee commitments

and proposes a directed conversion issue of ca 7.2 MSEKTHIS PRESS RELEASE MAY NOT BE MADE PUBLIC, PUBLISHED OR DISTRIBUTED, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, HONG KONG, JAPAN, CANADA, NEW ZEELAND, SINGAPORE, SOUTH AFRICA, THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH SUCH ACTIONS, WHOLLY OR IN PART, WOULD BE UNLAWFUL. THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER TO BUY SECURITIES IN JUMPGATE AB. SEE ALSO IN THE SECTION ”IMPORTANT INFORMATION” BELOW. 9 May 2024, Visby, SwedenThe Board of Directors of Jumpgate AB (”Jumpgate” or the ”Company”) has today, 9 May 2024,

There are no items matching the current filter
There are no more items matching the current filter
Back to top

Subscribe

Media