Swedish publisher Stillfront Group has published a financial report for the second quarter of 2022. Judging by it, April-June passed very successfully for the company. For example, net revenue during this time jumped by 31% compared to last year.

Swedish publisher Stillfront Group has published a preliminary report for the first quarter of 2022. According to him, the company was able to increase revenues largely due to the success of the studios purchased last year: Jawaker, Moonfrog and Game Labs.

Studio Kixeye has accused its owner Stillfront Group of non-payment of $ 30 million of the required remuneration. According to the materials of the lawsuit, Stillfront deliberately understated the financial results of Kixeye in order to evade the mandatory payment.

Stillfront Group has made another deal. A Swedish company has acquired a studio from the United Arab Emirates, Jawaker, which specializes in card games for mobile platforms. The transaction amount was $205 million.The Stillfront Group paid 74% of the amount in cash, and the remaining 26% in shares.

The Swedish Stillfront Group has replenished the portfolio. A studio with Ukrainian roots, Game Labs, known for the strategic games Naval Action and Ultimate General, came under the leadership of the company.

While some gaming companies are only trying to enter the stock exchange, the Swedish game dev is actively earning there. According to Bloomberg, Swedish gaming quotes have become the best this year — they showed the most significant growth. For example, the stock price of individual companies jumped by an astronomical 300%.

Swedish publisher and developer Stillfront Group is expanding its gaming portfolio thanks to the takeover of two studios at once. The total amount of the transaction for the purchase of Super Free Games and Sandbox Interactive amounted to almost $310 million.Information about buying Super Free Games

Swedish banks have approved an unsecured revolving loan for SEK 3.75 ($447 million) for Stillfront Group. The company is going to spend this money on “further strengthening its growth.”

Stillfront Group continues to buy studios. This time, a Swedish company is investing in a mobile developer from Croatia, Nanobit. The maximum value of the transaction can reach $148 million.

Stillfront Group has a new acquisition. Her portfolio was replenished by the mobile publisher Candywriter, which released BitLife. The buyer paid $74.4 million for the asset.

The Swedish Stillfront Group will replenish the portfolio again. Her choice fell on the mobile developer Storm8.

The Swedish Stillfront Group is preparing to acquire another company. On July 1, the Kixeye studio, as well as all its teams and games created, will be in her portfolio.

The Swedish Stillfront Group announced the expansion of its portfolio of companies. The group acquired 100% of the shares of Imperia Online studio. The user base of the latter is 45 million people.

The Swedish group of companies Stillfront Group acquired the German game studio Goodgame Studio for € 270 million.