Financials

Estimates*

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Revenues, earnings & profits over time
SEK2020202120222023202420252026
Revenues4.0b5.5b7.1b7.0b6.9b7.2b7.4b
% growth103 %37 %29 %(1 %)(1 %)3 %3 %
EBITDA1.7b2.1b2.6b2.5b2.4b2.6b2.7b
% EBITDA margin43 %39 %37 %36 %34 %36 %37 %
Profit580m590m559m7.0m81.8m597m756m
% profit margin15 %11 %8 %-1 %8 %10 %
EV / revenue9.1x4.1x1.8x1.5x1.2x1.0x0.8x
EV / EBITDA21.3x10.5x4.9x4.2x3.5x2.8x2.2x
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DateInvestorsAmountRound

£1.6m

Early VC
N/A

N/A

Early VC
*
N/A

€8.2m

Valuation: €21.2m

IPO
*
N/A

€11.0m

Post IPO Debt
N/A

€46.0m

Post IPO Equity

SEK2.1b

Post IPO Debt
N/A

€113m

Post IPO Equity
N/A

€365m

Post IPO Debt
Total Funding$2.0m

Recent News about Stillfront

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Stillfront Group is a global conglomerate of gaming studios specializing in the free-to-play online strategy games sector. The company operates in the rapidly expanding entertainment market, serving a diverse range of gamers worldwide. Stillfront's business model focuses on organic growth and strategic acquisitions, allowing it to offer a broad portfolio of games. The company generates revenue through in-game purchases, advertising, and premium content. With a strong financial position, conservative leverage, and high profitability, Stillfront is well-positioned for sustained growth. The company has a proven track record in mergers and acquisitions, further diversifying its revenue streams and enhancing its market position.

Keywords: gaming studios, free-to-play, online strategy games, diversified revenue, high profitability, organic growth, acquisitions, in-game purchases, advertising, premium content.

Tech stack

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Investments analysisEdit

Investments by Stillfront

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6waves
ACQUISITION by Stillfront Jan 2022
Kixeye
ACQUISITION by Stillfront Jun 2019
eRepublik
ACQUISITION by Stillfront Jun 2017
Goodgame Studios
ACQUISITION by Stillfront Dec 2017
Playa games
ACQUISITION by Stillfront Dec 2018
Storm8
ACQUISITION by Stillfront Jan 2020
eRepublik Labs
ACQUISITION by Stillfront May 2017
Game-Labs
ACQUISITION by Stillfront May 2021
Babil Games
ACQUISITION by Stillfront Dec 2016
Nanobit
ACQUISITION by Stillfront Sep 2020
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