Next Games Corp.: Preliminary Information on 2021 Financial Result and outlook for 2022

Next Games Corporation Company Release March 2, 2022 at 09:25 a.m. (EET) Next Games releases preliminary information on the company's 2021 financial results. Additionally, the company publishes its outlook for 2022. Next Games publishes its full-year financial statement on March 14, 2022. The figures in this release are preliminary and unaudited.January - December 2021 key figures: Revenue was EUR 25.2 (27.2) millionGross Profit was EUR 13.5 (14.3) million, 54% (52%) of revenueEBIT...

Helsinki, 02/03/2022 (informazione.news - comunicati stampa - turismo)

Next Games Corporation Company Release March 2, 2022 at 09:25 a.m. (EET)

Next Games releases preliminary information on the company's 2021 financial results. Additionally, the company publishes its outlook for 2022. Next Games publishes its full-year financial statement on March 14, 2022. The figures in this release are preliminary and unaudited.

January - December 2021 key figures:

(Numbers in brackets refer to the corresponding year-on-year period unless otherwise mentioned)

Outlook for 2022

The company will aim to improve the performance of key games and continue developing new games in 2022. Next Games expects R&D and Administration costs to maintain a similar level to 2021.

Events after the reporting period

Next Games reached an agreement with its partner Alcon Entertainment to discontinue the Blade Runner Rogue game project after the reporting period in February 2022. The game did not meet mutually agreed targets. The game will be removed from Apple App Store and Google Play Store, but will remain online for existing players until June 2022.

TABLES

CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME

CONSOLIDATED BALANCE SHEET, SUMMARY

Additional information:

Saara Bergström, Chief Communications Officer
+358 (0) 40 588 3167
Media: press@nextgames.com
Investor relations: investors@nextgames.com

Certified Adviser: Alexander Corporate Finance Oy, tel. +358 (0) 50 520 4098

About Next Games

Next Games is the first publicly listed mobile game developer and publisher in Finland, specializing in games based on entertainment franchises, such as movies, TV series or books. The developers of the critically acclaimed The Walking Dead games redefine the way franchise entertainment transforms into highly engaging service-based mobile games. Next Games works on multiple new games based on beloved global IPs. The company's latest game, Stranger Things: Puzzle Tales, is based on Netflix's hit 80s horror drama series. www . nextgames . com