The earnings call reflected a company in transition, focusing on profitability and strategic investments in key franchises while facing challenges with revenue decline and underperforming segments. Significant improvements in EBITDAC and cash flow are positive signs, but the organic revenue decline and challenges in certain regions highlight ongoing struggles.

Company Guidance -

Q2 2025

In the Q1 2025 earnings call, Stillfront's President and CEO, Alexis Bonte, emphasized the company's focus on strategic investments and profitability across its key franchises, particularly in Europe, where organic revenue declined due to reduced user acquisition (UA) spending. However, adjusted EBITDAC remained stable. Notable developments include the upcoming launch of new games in the Supremacy and Big franchises, as well as a soft launch in the Narrative franchise with a major IP from Webtoon. In North America, despite a revenue decline from reduced UA, profitability improved significantly, with EBITDAC margins rising from 1% in Q4 to 9.5% in Q1. The company also completed the transfer of 24 Storm8 legacy games to Imperia, impacting future revenues but enhancing profit margins. In MENA and APAC, key franchises achieved 21.2% year-on-year growth, despite slower publishing activity impacting overall growth. Stillfront's overall net revenues were SEK1.545 billion, with a 12% organic decline, while the group maintained a 29% UA spending ratio. The company also reported SEK1.1 billion in LTM free cash flow, despite a negative working capital effect. Cost optimization efforts are on track, with SEK70 million in annualized run-rate savings realized in North America. The strategic review, initiated to reallocate resources to more scalable opportunities, is set to proceed without affecting the SEK200-250 million cost savings program.

Improved EBITDAC in North America

North America saw a significant improvement in EBITDAC margin, increasing from 1% in Q4 to 9.5% in Q1 due to reduced UA spending and a strong focus on margins.

Successful Euro Server Launch for Albion Online

Albion Online grew due to the Euro server launch last year, showing strong performance despite expected Q2 challenges due to tough comps.

Positive Growth in MENA and APAC

The MENA and APAC regions showed solid performance, with a key game franchise achieving 21.2% year-on-year growth.

Cash Flow and Debt Reduction

Free cash flow was over SEK1 billion for the second consecutive quarter, and total debt was reduced by more than SEK600 million over the last year.

Strategic Focus on Key Franchises

Significant investments are being made in key franchises, particularly in Europe, with several new game launches planned for the end of the year.

Stillfront Group AB (SE:SF) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

SE:SF Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Jul 22, 2025	2025 (Q2)	0.23 / -	0.526	―	―	―
May 06, 2025	2025 (Q1)	0.32 / 0.05	0.31	-83.87% (-0.26)	―	―
Feb 05, 2025	2024 (Q4)	0.39 / -14.38	0.42	-3523.81% (-14.80)	―	―
Oct 23, 2024	2024 (Q3)	0.40 / 0.30	0.445	-32.36% (-0.14)	―	―
Jul 22, 2024	2024 (Q2)	0.48 / 0.53	0.284	85.21% (+0.24)	―	―
Apr 25, 2024	2024 (Q1)	0.40 / 0.31	0.58	-46.55% (-0.27)	―	―
Feb 07, 2024	2023 (Q4)	0.57 / 0.42	0.72	-41.67% (-0.30)	―	―
Oct 25, 2023	2023 (Q3)	0.47 / 0.45	0.64	-30.47% (-0.20)	―	―
Jul 21, 2023	2023 (Q2)	0.53 / 0.28	0.405	-29.88% (-0.12)	―	―
May 03, 2023	2023 (Q1)	0.53 / 0.58	0.576	0.69% (<+0.01)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

SE:SF Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 06, 2025	kr5.22	kr5.26	+0.77%
Feb 05, 2025	kr7.26	kr7.26	0.00%
Oct 23, 2024	kr6.42	kr7.35	+14.49%
Jul 22, 2024	kr9.90	kr8.85	-10.61%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Stillfront Group AB (SE:SF) report earnings?

Stillfront Group AB (SE:SF) is schdueled to report earning on Jul 22, 2025, Before Open (Confirmed).

What is Stillfront Group AB (SE:SF) earnings time?

Stillfront Group AB (SE:SF) earnings time is at Jul 22, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is the P/E ratio of Stillfront Group AB stock?

The P/E ratio of Stillfront Group AB is N/A.

What is SE:SF EPS forecast?

SE:SF EPS forecast for the fiscal quarter 2025 (Q2) is 0.23.

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