Adventure Box Technology

THE SECOND QUARTER APRIL 1 - JUNE 30 IN SUMMARY

• The group's net sales during the quarter amounted to SEK 131 thousand (SEK 804 thousand).
• Loss after tax amounted to SEK -4,911 thousand (SEK -2,994 thousand) or SEK -0.11 (SEK -0.10) per share before dilution.
• Net cash flow before financial items was SEK -2,363 thousand (SEK -2,049 thousand)
• The group's cash and cash equivalents amounted to SEK 165 thousand at the end of the quarter. (SEK 5,177 thousand).
• The group's equity at the end of the quarter amounted to SEK 7,845 thousand (SEK 21,111 thousand).
• During the quarter the company has received a bridge financing amount of SEK 1,900 thousand.
• A share issue during the quarter gave the company SEK 1,000 thousand in increased equity.
  
  

SIGNIFICANT EVENTS AFTER THE END OF THE PERIOD

• Continued development of the game platform KoGaMa with a focus on new social functions, mobile compatibility, and monetization.
• On the 20th of June 2024 the company published information on the board's decision to carry through a rights issue with the aim of issuing 43 747 308 number of shares. Thanks to the rights issue the company will receive approximately MSEK 13,1 before a set-off issue of around MSEK 2,1 and any capital injection expenses.

The report is attached to this press release and is available via the following link:https://corp.adventurebox.com/en/investors/financial-reports/

This information is such that Adventure Box Technology AB (publ) is required to disclose in accordance with the EU Market Abuse Regulation. Information was provided through the below contact persons' publication for publication on 20 August 2024 at 8:32 CET.