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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,

Tivola Games divests the mobile games portfolio for ca 8.2 million SEK

Jumpgate´s portfolio company Tivola Games has entered into an agreement with Trophy Games to divest the mobile games portfolio for ca 8.2 million SEK (0.7 million EUR). The portfolio comprises the company´s game titles that are based on a free-to-play model. The sales price exceeds the book value of the portfolio. “Tivola Games has, in line with the rest of the Jumpgate group, been through a significant transformation lately because of the strategic focus on premium games for primarily PC and console. We no longer have the organization in place which is needed to support the free-to-play

Tivola Games´ Cat Rescue Story has won the German Computer Game Awards 2024 in the category best mobile game

Cat Rescue Story, developed by Jumpgate´s subsidiary Tivola Games, has won the German Computer Game Awards (Deutscher Computerspielpreis) 2024 in the category best mobile game. The price is awarded by the German Federal Ministry for Economic Affairs and Climate Action (Bundesministerium für Wirtschaft und Klimaschutz) in collaboration with game – the German game industry association and the winners were announced in connection with the award ceremony on April 18 in Munich. In addition to the honor, there is a price sum of 40 000 EUR for the winner of the best mobile game category. Tivola

Jumpgate Receives ca 14 million SEK in Project Financing for Game Project

Jumpgate has entered into an agreement for project financing with Susana Meza Graham and Andras Vajlok (”MGV”) amounting to ca 14 million SEK (1.2 million EUR) for a yet to be announced game project, which will be published by THQ Nordic. Pursuant with the agreement MGV will finance the development budget for the game and the net revenue from sales will be distributed between MGV and the publisher until MGV has reached the agreed level of return on their investment. Thereafter, Jumpgate also takes part of the upside from sales. The financing will be paid in instalments during the project

Tivola Games´ Cat Rescue Story nominated for best mobile game for the German Computer Game Awards 2024

Cat Rescue Story, developed by Jumpgate´s subsidiary Tivola Games, has been nominated as one of three candidates in the category best mobile game for the German Computer Game Awards (Deutscher Computerspielpreis) 2024. The price is awarded by the German Federal Ministry for Economic Affairs and Climate Action (Bundesministerium für Wirtschaft und Klimaschutz) in collaboration with game – the German game industry association and the winners will be announced in connection with the award ceremony on April 18 in Munich. In addition to the honor, there is a price sum of 40 000 EUR for the

Year-End Report and report for the fourth quarter for January 1, 2023 to December 31, 2023

· Net turnover in the period amounted to 52 075 TSEK (27 738 TSEK). Net turnover in the fourth quarter amounted to 19 685 TSEK (7 492 TSEK). · Earnings before interest and taxes (EBIT) amounted to -29 869 TSEK (-24 092 TSEK). Earnings before interest and taxes (EBIT) in the fourth quarter amounted to -11 802 TSEK (-10 287 TSEK) · The result after financial items amounted to -34 079 TSEK (-31 377 TSEK). The result after financial items in the fourth quarter amounted to -10 407 TSEK (-13 924 TSEK). · The result per share amounted to -0,073 SEK (-0,21 SEK) in the period. The

Tableflip Entertainment receives a development contract with an order value of ca 3.2 million SEK

Tableflip Entertainment has entered into an agreement with a larger game company with an order value of ca 3.2 million SEK. The agreement refers to a remaster of a classical game to be relaunched for PC and console. 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 (Hamburg), gameXcite (Hamburg), Funatics (Düsseldorf) and Tableflip Entertainment (

Amendment Agreement regarding the Share Purchase Agreement for Nukklear

Jumpgate AB (the ”Company”) has entered into an Amendment Agreement with Kirk Lenke (the ”Seller”) which amends certain terms in the Share Purchase Agreement executed by the Parties on April 5, 2023 regarding the Company´s acquisition of Nukklear from the Seller. Pursuant to the Amendment Agreement the due date for the final cash consideration (1 million EUR) is extended from January 31, 2024 to May 31, 2024 against a market-based interest rate. Furthermore, the Parties have agreed to cancel the Seller´s right to receive additional consideration in the form of equity in the Company

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