Palia's Strong Performance
Palia demonstrated strong performance with a 77% increase in MAU, a 141% increase in monthly average revenue per user, and a 99% increase in payer conversion rate compared to the numbers before the console release.
Piranha's Revenue Growth
Piranha delivered a solid quarter with net revenue growth of 112% in local currency and 93% in SEK. MechWarrior 5: Mercenaries' DLC 7 performed better than expected and is on trend to be the best-performing DLC.
Stable Financial Situation
The company maintained a solid financial position with a net cash position and SEK 396 million in cash. A new revolving credit facility of SEK 100 million was signed and remained unutilized by the end of the quarter.