Sweden's Stillfront Q1 revenue falls 14%, EBITDAC drops 23%

Stillfront AB (publ)

29/04/2026 06:28

Overview

Sweden games developer's Q1 net revenue fell 14% yr/yr; organic growth flat

Adjusted EBITDAC dropped 23% yr/yr; gross margin improved to 84%

Growth in key franchises driven by Big Farm: Homestead global launch

Outlook

Stillfront did not provide specific guidance for future quarters or the full year

Result Drivers

KEY FRANCHISE GROWTH - Co said organic growth in key franchises rose 12% in Q1, driven by the global launch of Big Farm: Homestead and continued development of the BIG franchise

Company press release: ID:nMFN9Yvt6x

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
SEK 1.33 bln
Q1 EPS
SEK 0.24
Q1 Net Income
SEK 117 mln
Q1 Adjusted EBITDA
SEK 425 mln
Q1 EBIT
SEK 190 mln
Q1 Gross Profit
SEK 1.12 bln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy"

Wall Street's median 12-month price target for Stillfront Group AB (publ) is SEK8.88, about 64.7% above its April 28 closing price of SEK5.39

The stock recently traded at 4 times the next 12-month earnings vs. a P/E of 5 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)