US/UK/Canada

Share

Pick a time period -
Tags ( Active)

Notice of the Annual General Meeting in M.O.B.A. Network AB

Shareholders in M.O.B.A. Network AB, reg. no. 559144-3964, are hereby summoned to the annual general meeting on April 26, 2024, at 10:00 a.m. at the company’s premises Kontoret Nybroviken, at Birger Jarlsgatan 2, 5th floor, Stockholm.   Shareholders who wish to participate in the meeting must both be recorded in the printout of the share register regarding the conditions as of April 18, 2024, in the share register kept by Euroclear Sweden AB, and notify the company no later than April 22, 2024, in writing to M.O.B.A. Network AB, Box 5298, 10246 Stockholm, or by email to info@wearemoba.

M.O.B.A. announces new CEO and strengthens the Group Management

M.O.B.A. Network AB (Plc) is pleased to announce the appointment of Anders Ribbing as its new CEO, in alignment with the strategic review shared earlier. Anders will assume his role by June 24, 2024. Meanwhile, Björn Mannerqvist, co-founder and outgoing CEO, will continue to propel M.O.B.A.'s success as COO.Anders Ribbing comes most recently from a role as CCO (Chief Commercial Officer) at Everysport Group (publ) and has a long experience of successfully leading businesses based on digital products and services. His diverse background includes key positions at major firms, including the TV4

Year-end Report 2023 - Best quarter ever in a challenging advertising market

SUMMARY OF INTERIM REPORT FOUR, 1 OCTOBER – 31 DECEMBER 2023   FINANCIAL - 1 OCT 2023 – 31 DEC 2023 · Net sales amounted to SEK 82.1 million (SEK 80.3 million). · Adjusted EBITDA amounted to SEK 17.7 million (SEK 7.6 million). * · EBITDA amounted to SEK 74.2 million (SEK 7.6 million). · Adjusted EBIT amounted to SEK 14.4 million (SEK 6.3 million). ** · EBIT amounted to SEK 34 million (SEK 6.3 million). · Profit before tax amounted to 24.2 MSEK (SEK 6.8 million). · Cash flow from current operations before changes in working capital amounted to SEK 2.8 million (

M.O.B.A. Network AB (publ) updates on the fourth quarter and decides on reversal of additional purchase consideration and non-cash affecting write-downs

Update regarding the fourth quarter of 2023 Preliminary results for the fourth quarter (not audited by the company's auditors)     2023-10-01 2022-10-01 2023-01-01 2022-01-01Amount in TSEK 2023-12-31 2022-12-31 2023-12-31 2022-12-31Revenue 82 147 80 306 273 154 289 815Adjusted EBITDA 17 673 7 600 38 665 32 130EBITDA 74 184 7 600 89 801 32 130Adjusted EBIT 14 366 6 342 22 982 27 314EBIT 34 037 6 342 37 277 27 314   * Adjusted

Expanded collaboration with Raptive contributes to M.O.B.A. Networks growth

The strategic partnership with Raptive regarding ad sales and ad tech has been implemented across all M.O.B.A. Networks community websites. During the third quarter of 2023, a new and significantly improved advertising agreement with Raptive was signed, a logical development in light of the successful collaboration regarding our subsidiary Magic Find's community websites. Intensive implementation work began in the fall of 2023 and was completed at the beginning of 2024. “The expanded collaboration that was recently fully implemented has quickly met our high expectations,” says Peter

M.O.B.A. Network AB intensifies investment into in-game advertising

M.O.B.A. Network has taken the strategic decision to increase its investment in projects regarding in-game advertising. The decision is a consequence of the strong growth of the in-game app Porofessor and an external market analysis. As previously communicated, a new in-game app and website for the game Valorant is under development to be released and incorporated into the portfolio during the first half of 2024. Additional in-game apps will follow this release.  “We have focused our organization on efficiently developing and launching new in-game apps, and I expect at least one

Business Update from M.O.B.A. Network - Positive Download Trend and Development

MOBA Network proudly announces that the company's efforts over the past quarters have resulted in significant progress. With a focus on continuing to develop our platforms, we can report that Porofessor, one of our acquired platforms, has seen a substantial increase in the number of downloads since its acquisition. Porofessor has reached a total of 11.5 million downloads, with a steady growth rate of over 7,800 per day. Additionally, we observe a positive trend in revenue per user. In addition to the development of Porofessor's user base, we have been actively working on structuring and

Interim report 3 - EBITDA Increased by 57 Percent with Value-Creating Partnership Agreements in Place

SUMMARY OF INTERIM REPORT Three, 1 July – 30 September 2023   FINANCIAL - 1 July 2023 – 30 Sep 2023 · Net sales amounted to SEK 71.7 million (SEK 71.3 million). · Adjusted EBITDA amounted to SEK 11.5    million (SEK 7.2 million). * · EBITDA amounted to SEK 11.3 million (SEK 7.2 million). · Operating profit amounted to SEK 1.9 million (SEK 5.8 million). · Profit before tax amounted to -8.5 MSEK (5.5 MSEK). ** · Cash flow from current operations before changes in working capital amounted to SEK 1.7 million (SEK 4.4 million). · Earnings per share during the quarter

Successful start for M.O.B.A. Network's Partnership with Mediacube Worldwide Inc

The implementation of the partnership (as per the press release on August 22, 2023) with Mediacube Worldwide Inc. is progressing as planned. This enhances revenue opportunities and service offerings for Union For Gamers (UFG), the YouTube network owned and operated by M.O.B.A. Network. The integration of MCPay, Mediacube's financial service, offers greater flexibility and improved services for UFG's content creators, such as daily payouts, advance payments, and seamless transfers of funds to various cards, accounts, and e-wallets. This means an enhanced financial experience for content

Interim report 2 - 1 January - 30 June 2023 - New Value-Adding Partnership Agreements and Successful Integration of Wargraphs S.A.S.

Adjusted EBITDA increased by 160 percent compared to Q1 2023. Summary quarter 2 - 1 APRIL 2023 – 30 JUNE 2023 · Net sales amounted to SEK 63.7 million (SEK 70.8 million). · In the quarter, the company had costs linked to the acquisition of Wargraphs corresponding to SEK 5.4 million. · Adjusted EBITDA amounted to SEK 7 million (SEK 8.9 million). * · EBITDA amounted to SEK 1.6 million (SEK 8.9 million). · Operating profit amounted to SEK 0.1 million (SEK 7.7 million). · Profit before tax amounted to -4.5 MSEK (7 MSEK). · Cash flow from current operations before

M.O.B.A. Network strengthens content creators' offering through partnership agreement with Mediacube Worldwide Inc.

M.O.B.A. Network is pleased to announce a strategic partnership with Mediacube Worldwide aimed at further enhancing the revenue opportunities for Union for Gamers (UFG), the Youtube network owned and operated by M.O.B.A. Network. Through this partnership, M.O.B.A. Network will fortify its role within gaming communities and content creators, leveraging the outstanding expertise of Mediacube in content creator services and management of Youtube networks (MCN). Mediacube, a pioneering force in the Multi-Channel Network (MCN) realm, has taken significant steps towards optimizing income

Success for M.O.B.A. Network's fantasy tournaments

The esports fantasy competition MOBAFire LEC Fantasy Tournament, a collaboration between M.O.B.A. Network and E-GO App, has lived up to high expectations. MOBAFire, the world's largest community for League of Legends players and operated by M.O.B.A. Network, launched fantasy tournaments last year in collaboration with E-GO App. Each participant takes on the role of a coach, competing to create the best team line-up with imaginary players based on data from major, real-life esports matches. Thousands have participated and competed for exciting prizes in the MOBAFire LEC Fantasy Tournament

M.O.B.A. Network signs competitive ad agreement with Raptive

M.O.B.A. has signed a new ad agreement with US-based Raptive, which operates a global ad network and already manages the ad inventory for the community websites run by M.O.B.A.'s subsidiary Magic Find. The agreement gives M.O.B.A. the opportunity to transfer more community websites to the same improved terms over time as other contracts expire. The agreement significantly improves terms and will lead to increased earnings for M.O.B.A. The recently acquired websites from Wargraphs, LeagueofGraphs.com and Porofessor.gg will be the first assets transferred over to the new agreement. "

M.O.B.A. publishes prospectus and applies for admission to trading of bonds on Nasdaq Stockholm

On 26 May 2023, M.O.B.A. Network AB (publ) (the “Company”) successfully issued senior secured bonds in an initial amount of EUR 25 million, under a total framework of EUR 60 million (the “Bonds”). Pursuant to the terms and conditions for the Bonds, the Company has undertaken to apply for admission to trading of the Bonds on the corporate bond list of Nasdaq Stockholm. For this purpose, the company has prepared a listing prospectus, which today has been approved by the Swedish Financial Supervisory Authority (Sw. Finansinspektionen). The prospectus is available at the company’s website

Report of the Annual General Meeting 2023-06-20

M.O.B.A. Network AB, reg. no. 559144-3964, held its annual meeting today, June 20, 2023. Below is a summary of the decisions made at the meeting. All decisions were unanimously adopted. · The meeting resolved to approve the income statement and balance sheet and consolidated income statement and consolidated balance sheet, as well as the allocation of the company's loss according to the established balance sheet. · The meeting resolved to discharge the board members and CEO from liability. · The meeting resolved that there should be five ordinary board members and that an

Porofessor App Surpasses 10 Million Downloads Milestone

In the beginning of June 2023, M.O.B.A.'s newly acquired subsidiary Wargraphs' flagship product, Porofessor, passed the milestone of 10 million downloads. Porofessor is distributed via the gaming app platform Overwolf and is the largest independent app across all gaming categories, and about three times larger than comparable competitors on the platform. The growth in the number of downloads of Porofessor is approximately 1,900 percent since Q1 2020, making it the fastest-growing gaming app. "10 million downloads is a fantastic milestone for Porofessor and a testament to the quality

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

Subscribe