MAG Interactive Reports FY Sales of SEK 264M, Q4 Sales Down 17%
FY net sales fell 4% year over year to SEK 264M, while EBIT was SEK 1M versus a SEK 11M loss. Q4 net sales declined 17% to SEK 64M; EBIT was SEK 3M versus a SEK 10M loss, and UA spend was SEK 13M versus SEK 34M a year earlier.
MAG Interactive reported full-year net sales of SEK 264M, a 4% decline YoY. EBIT was SEK 1M, compared with a SEK 11M loss. In Q4, net sales totaled SEK 64M, down 17% YoY, while EBIT was SEK 3M versus a SEK 10M loss. UA spending was SEK 13M, compared with SEK 34M a year earlier.