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Stillfront Q3 2022 initial take: Strong topline, mixed outlook - Redeye

Redeye comments on Stillfront’s Q3-results which came in better than expected driven by strong topline growth while gross margin and EBITDA-margin was close to our expectations. Commenting on the outlook, the company expects organic growth to accelerate in Q4 although with a weaker overall mobile games market it does not expect to achieve its target of mid-single organic growth for 2022.

Redeye comments on Stillfront’s Q3-results which came in better than expected driven by strong topline growth while gross margin and EBITDA-margin was close to our expectations. Commenting on the outlook, the company expects organic growth to accelerate in Q4 although with a weaker overall mobile games market it does not expect to achieve its target of mid-single organic growth for 2022.
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