Brief: Fractal Gaming Group Q4 Adjusted EBITDA Down At SEK 2.5 Mln

Fractal Gaming AB

10/02/2022 07:26

Feb 10 (Reuters) - Fractal Gaming Group AB  FRACTL.ST :
    * FRACTAL GAMING GROUP YEAR-END REPORT, Q4 2021
    * FRACTAL GAMING GROUP AB - Q4 NET SALES AMOUNTED TO SEK
120.7
MILLION (113.9).
    * FRACTAL GAMING GROUP AB - Q4 ADJUSTED EBITDA AMOUNTED TO
SEK 2.5
MILLION (7.7), CORRESPONDING TO AN ADJUSTED EBITDA MARGIN OF
2.1% (6.8).
    * FRACTAL GAMING GROUP AB - Q4 ADJUSTED EBIT AMOUNTED TO SEK
-1.6
MILLION (4.7), WITH AN ADJUSTED EBIT MARGIN OF -1.4% (4.1).
    * FRACTAL GAMING GROUP AB - BOARD PROPOSES THAT NO DIVIDEND
BE
PAID.
    * FRACTAL GAMING GROUP AB - THERE IS STILL UNCERTAINTY
REGARDING
DEMAND AND SUPPLY CHAIN, BUT WE EXPECT TO DISPLAY GROWTH AGAIN
IN 2022
    * FRACTAL GAMING GROUP AB - WE ANTICIPATE CONTINUED LOW
DEMAND IN
FIRST HALF OF YEAR BUT WITH A STRONGER DEVELOPMENT IN SECOND
HALF OF YEAR, AS GRAPHICS CARDS AVAILABILITY IMPROVES.
    * FRACTAL GAMING GROUP AB - OUR VIEW OF MARKET AND OUR
FINANCIAL
TARGETS IN MEDIUM TO LONG TERM RANGE ARE UNCHANGED WITH NET
SALES GROWTH OF AT LEAST 10% AND AN ADJUSTED EBITDA MARGIN OF
20%
    * FRACTAL GAMING GROUP AB - WE LOOK FORWARD TO LAUNCHING
FURTHER
PRODUCTS IN UPCOMING MONTHS
    * FRACTAL GAMING GROUP AB - RECEPTION OF OUR PRODUCTS
LAUNCHED
DURING YEAR HAS BEEN POSITIVE WITH GREAT INTEREST AND
EXCEPTIONAL REVIEWS

Source text for Eikon:  ID:nWkr1V2FXT 
Further company coverage:  FRACTL.ST 

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