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Lennart joins us with long and solid experience from running listed growth companies.
Thunderful Group CEO Brjánn Sigurgeirsson
Thunderful Group has grown rapidly in recent years, and we have a very exciting journey ahead of us. In the past year we’ve consistently strengthened the organisation in key areas, and our new CFO is a prime example of how we are building for the future.
Thunderful Group CEO Brjánn Sigurgeirsson
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Thunderful Group appoints Martin Walfisz as new CEO

Thunderful Group AB (“Thunderful”) announces that the Board of Directors today decided to appoint Martin Walfisz as new CEO. Martin is currently Board Member in Thunderful and will begin his duties as the new CEO no later than 1 September 2023. He succeeds Anders Maiqvist, Acting CEO since 10 August 2022.Martin is an experienced games industry entrepreneur, executive and advisor of leading companies in the Nordic and European games industry. Martin founded his first game company, Massive Entertainment, and grew it from zero to 150 people during his twelve years at the helm. It is today one

Announcement from annual general meeting in Thunderful Group AB, held on May 17, 2023

An annual general meeting was held in Thunderful Group AB on May 17, 2023. A summary of the decisions made at the general meeting follows below. All resolutions have been made with required majority and in accordance with the proposals set forth by the Board of Directors and the Nomination Committee.Adoption of the income statement and balance sheet as well as the consolidated income statement and consolidated balance sheet and discharge of liability for board members and the CEOThe annual general meeting adopted the income statement and balance sheet as well as the consolidated income

Thunderful Group Interim Report January–March 2023

A solid first quarter in a year with several exciting game releasesFirst quarter January–March 2023 · Net revenue increased 1.7 percent to 555.4 MSEK (546.0). · Operating profit (EBIT) increased 217.5 percent to 19.2 MSEK (6.0), corresponding to an operating margin of 3.1 percent (1.0). · Adjusted EBITDA increased 63.1 percent to 72.6 MSEK (44.5), corresponding to an adjusted EBITDA margin of 11.9 percent (7.3). · Adjusted EBITA increased 86.5 percent to 52.5 MSEK (28.1), corresponding to an adjusted EBITA margin of 8.6 percent (4.6). · Profit for the quarter amounted to 13.

Invitation to presentation of Thunderful Group´s Interim Report Q1 2023

Thunderful Group invites to a webcast May 16, 2023, 10.00 CEST.The Interim Report for Q1 2023 is presented and thereafter there is an opportunity to ask questions. Questions can be posed in writing via the webcast. A recorded version of the presentation will also be available on Thunderful Group's website. The presentation will be held in English. The Interim report is published at 07.30 CEST May 16, 2023. The presentation will be moderated by Dennis Berggren, analyst at Carnegie Investment Bank. Present:Anders Maiqvist, Acting CEOLennart Sparud, CFO To access the webcast,

Notice of Annual General Meeting of Thunderful Group AB

The shareholders in Thunderful Group AB, company reg. no. 559230-0445, (the “Company”, “Thunderful”), is convened to the Annual General Meeting on Wednesday, May 17, 2023 at 16:00 at Setterwalls Advokatbyrå in Gothenburg, Sankt Eriksgatan 5, 404 25 Göteborg. Registration for the AGM begins at 15:15.Right to participate and registration for the meetingThe shareholder who has been entered in the share register kept by Euroclear Sweden AB as of May 9, 2023, and has notified his/her intention to participate to the Company so that the notification has reached the Company no later than May 15,

Thunderful Group enters into an agreement on a liquidity guarantee

Thunderful Group (“Thunderful”) has appointed ABG Sundal Collier (“ABGSC”) as liquidity provider for the Company’s shares listed on Nasdaq Stockholm First North Premier Growth Market.The commitment takes place within the framework of Nasdaq Stockholm’s rules on liquidity providers. ABGSC undertakes to continuously during the opening hours quote prices for Thunderful’s share in accordance with the at all time prevailing minimum requirements for liquidity providers set out by Nasdaq Stockholm aiming at improving the liquidity of the share and reducing the spread. ABGSC’s assignment commences

Thunderful Group Year-End Report January–December 2022

Strong cash flow and improved profitabilityFourth quarter October–December 2022 · Net revenue decreased 9.2% to 1,200.5 MSEK (1,322.6). · Operating profit (EBIT) increased 71.0% to 143.1 MSEK (83.7), corresponding to an operating margin of 12.4% (6.0). · Adjusted EBITDA increased 31.4% to 185.2 MSEK (140.9), corresponding to an adjusted EBITDA margin of 16.1% (10.2). · Adjusted EBITA increased 40.9% to 165.7 MSEK (117.6), corresponding to an adjusted EBITA margin of 14.4% (8.5). · Profit for the quarter amounted to 130.4 MSEK (50.0). · Earnings per share after dilution

Thunderful Group has made two smaller add-on acquisitions

Thunderful Group (“Thunderful”) has acquired the German games developer Studio Fizbin GmbH through a subsidiary, and has recently made an asset deal from distribution group TecTeam Scandinavia Holding AB through a subsidiary in the Distribution segment.Thunderful’s subsidiary Headup GmbH (“Headup”) has made a small add-on acquisition of the German game development studio, Studio Fizbin GmbH (“Studio Fizbin”). Headup is part of Thunderful’s publishing operation, which even before the acquisition acted as the publisher for Studio Fizbin’s next game, with the initial release expected in 2024.

Invitation to presentation of Thunderful Group´s year-end report 2022

Thunderful Group invites to a webcast February 22, 2023, 10.00 CET.The year-end report for 2022 is presented and thereafter there is an opportunity to ask questions. Questions can be posed in writing via the webcast. A recorded version of the presentation will also be available on Thunderful Group's website. The presentation will be held in English. The year-end report is published at 07.30 CET February 22, 2023. The presentation will be moderated by Simon Jönsson, analyst at ABG Sundal Collier. Present:Anders Maiqvist, Acting CEOLennart Sparud, CFO To access the audiocast,

Thunderful presents new SteamWorld game in addition to already strong lineup

Thunderful Group has presented SteamWorld Build, a new game in the acclaimed SteamWorld series to be released in 2023. The game is destined for all consoles as well as PC and joins a lineup of high-profile games already announced. Thunderful announced SteamWorld Build, the latest addition to the award-winning, multi-million selling SteamWorld franchise, in a digital event published Monday January 23. The game, in which you build and manage a western mining town populated by steam-driven robots, is developed by the internal studio The Station, based in Karlshamn, Sweden. Thunderful

Thunderful Group Interim Report January–September 2022

Changes now yielding resultsThird quarter July–September 2022 · Net revenue decreased 4.8% to 703.4 MSEK (738.9). · Operating profit (EBIT) declined 40.9% to 38.3 MSEK (64.8), corresponding to an operating margin of 4.6% (8.5). · Adjusted EBITDA decrease 21.2% to 77.4 MSEK (98.3), corresponding to an adjusted EBITDA margin of 9.3% (12.9). · Adjusted EBITA declined 28.8% to 60.3 MSEK (84.7), corresponding to an adjusted EBITA margin of 7.2% (11.1). · Profit for the quarter amounted to 11.4 MSEK (48.5). · Earnings per share after dilution amounted to 0.16 SEK (0.70). ·

Thunderful Group enters into binding agreement regarding the acquisition of Jumpship Ltd

Thunderful Group (“Thunderful”) is today announcing that it has entered into a binding agreement regarding the acquisition of all shares in the British game development studio Jumpship Ltd (“Jumpship”).Jumpship, headquartered in Guildford, UK, was formed in 2017. Jumpship is a game development studio with around 25 employees, and today the company is launching its first game, the sci-fi adventure Somerville. The founders and sellers of the majority of the shares in Jumpship are Chris Olsen, creator of the Somerville universe, and Dino Patti, former CEO and co-founder of the game development

Invitation to presentation of Thunderful Group´s interim report Q3 2022

Thunderful Group invites to a webcast November 15, 2022, 10.00 CET.The interim report for Q3 2022 is presented and thereafter there is an opportunity to ask questions. Questions can be posed in writing via the webcast. A recorded version of the presentation will also be available on Thunderful Group's website. The presentation will be held in English. The interim report is published at 07.30 CET November 15, 2022. The presentation will be moderated by Dennis Berggren, analyst at Carnegie Investment Bank. Present:Anders Maiqvist, Acting CEOLennart Sparud, CFO To access the

Nomination committee appointed in Thunderful Group AB

Thunderful Group announces today that the Nomination Committee for the 2023 Annual General Meeting has been appointed.In According to current instructions and rules of procedure, resolutions of the Annual General Meeting on 27 April 2022, Thunderful Group's Nomination Committee shall consist of the Chairman of the Board of Directors and three members appointed by the three largest shareholders as of the last September. After consultation with the company’s, as of 30 September 2022, largest shareholders in terms of votes the Nomination Committee consists of the following members: ·

Thunderful Group enters into an agreement regarding changes of additional earn-out component in relation to the acquisition of Coatsink Software Ltd

Thunderful Group (”Thunderful”) announces today that an agreement has been entered into with the sellers of Coatsink Software Ltd (“Coatsink”) to extend the earn-out period.In accordance with previously communication, there was an opportunity for the sellers of Coatsink to receive an additional earn-out component in relation to the sale of the company which took place on October 2, 2020. In addition to the initial consideration, there was the possibility of additional earn-out components of MGBP 42.5, to be paid provided that certain agreed-upon financial targets were met on a yearly basis

Thunderful Group enters into an agreement regarding changes and payment of additional earn-out component in relation to the acquisition of Robot Teddy

Thunderful Group (”Thunderful”) announces today that an agreement has been entered into with the sellers of Robot Teddy to settle the additional earn-out components earlier than planned.In accordance with previously communication, there was an opportunity for the sellers of Robot Teddy to receive an additional earn-out component in relation to the sale of the company which took place on October 27, 2021. In addition to the initial consideration, there was the possibility of additional earn-out components of maximum MGBP 12.0 which would be paid out provided that certain agreed-upon

Thunderful Group Interim Report January–June 2022

A strong second quarter in Thunderful GamesSecond quarter April–June 2022 · Revenue increased 11.1% to 618.7 MSEK (556.8). · Adjusted EBITA declined 25.0% to 31.5 MSEK (42.0), corresponding to an adjusted EBITA margin of 5.1% (7.5). · Adjusted EBITDA increased 28.3% to 69.3 MSEK (54.6), corresponding to an adjusted EBITDA margin of 11.2% (9.8). · Operating profit (EBIT) declined 62.1% to 9.4 MSEK (24.9), corresponding to an operating margin of 1.5% (4.5). · Loss for the quarter amounted to –21.8 MSEK (20.4). · Earnings per share after dilution amounted to –0.31 SEK (0.29)

Brjann Sigurgeirsson leaves the position as CEO of Thunderful Group

The board of directors of Gothenburg-based gaming company Thunderful Group AB (“Thunderful”) announces today that Brjann Sigurgeirsson as of August 10 leaves the role as CEO, which he assumed when the group was formed in 2019.Thunderful’s previous CFO Anders Maiqvist steps in as interim CEO until a permanent successor takes office. The recruitment process to find a new permanent CEO who will lead the company on its continued growth journey has been initiated. Brjann Sigurgeirsson remains in Thunderful and will assume a new role within the Games segment. Chairman of the Board Mats

Thunderful Group Interim Report January–March 2022

A weak first quarter ends with positive signals.First quarter January–March 2022 · Revenue increased 7.3% to 609.6 MSEK (568.3). · Adjusted EBITA fell –49.9% to 27.3 MSEK (54.5), corresponding to an adjusted EBITA margin of 4.5% (9.6). · Adjusted EBITDA decreased –30.3% to 43.7 MSEK (62.7), corresponding to an adjusted EBITDA margin of 7.2% (11.0). · Operating profit (EBIT) declined –85.3% to 5.2 MSEK (35.4), corresponding to an operating margin of 0.9% (6.2). · Profit for the quarter amounted to 1.1 MSEK (13.2). · Earnings per share after dilution amounted to 0.01 SEK (

Lennart Sparud takes office as new CFO in Thunderful Group May 23

Gothenburg-based gaming company Thunderful Group AB today announces that Lennart Sparud takes office as new Chief Financial Officer (CFO) in the company May 23. Sparud has served for many years as CFO at publicly listed Hexatronic Group.Thunderful Group AB recently presented the recruitment of Lennart Sparud as new CFO, and today announces that he takes office on May 23, 2022. He thereby succeeds Anders Maiqvist, who going forward will focus on the company’s M&A processes. Lennart Sparud is an experienced listed-company CFO, who among others has been highly involved in the work of taking

Announcement from annual general meeting in Thunderful Group AB, held on April 27, 2022

An annual general meeting was held in Thunderful Group AB on April 27, 2022. A summary of the decisions made at the general meeting follows below. All resolutions have been made with required majority and in accordance with the proposals set forth by the Board of Directors and Nomination Committee.Adoption of the income statement and balance sheet as well as the consolidated income statement and consolidated balance sheet and discharge of liability for board members and the CEOThe annual general meeting adopted the income statement and balance sheet as well as the consolidated income

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