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Investegate announcements from Next Games Oyj, Next Games Corp.: Preliminary Information on 2021 Financial Result and outlook for 2022
Company EBITDA positive as a result of record Publishing Profitability. January-December in short Gross Profit was EUR 14.3 (19.7) million, 52% (57%) of revenue Operating Result (EBIT) improved EUR 4.0 million and was EUR -3.4 (-7.4) million Adjusted Operating Result improved EUR 3.9 million and was EUR -0.1 (-4.0) million EBITDA turned positive and was (EUR) 0.5 (-3.5) million Publishing profitability doubled in proportion to revenue with EBITDA at EUR 6.4 (3.8) million, 24% (11%) of revenue Research and Development expenses were EUR -5.6 (-6.6) million, 21% (19%) of revenue ...