Strong growth and healthy profitability in games, supply chain challenges for the distribution segment
Thunderful Group is pleased to announce that it has acquired Stockholm-based games developer Early Morning Studio. With an established record of success in the mobile gaming space, the team will strengthen Thunderful by bringing its mobile know-how to Thunderful’s existing network of PC and console expertise.
Thunderful Group is pleased to announce that it has acquired Robot Teddy as the company expands its offering to add a new investment and funding focused pillar to its successful games publishing and development businesses. Robot Teddy is headquartered in the United Kingdom, with contractors and partners in the Philippines, South Africa, Netherlands, and Canada.
Thunderful Group AB acquires Spanish game developer Stage Clear Studios with 41 employees.
A stable second quarter with strong earnings improvement in the Games segment
Thunderful Group today announces two minor acquisitions: the newly established game studio To The Sky and the film production company Tussilago, both based in Gothenburg, Sweden.
Thunderful Group today announces the appointment of game-industry veteran Agostino Simonetta, until recently Director of Global Partnership Management at Microsoft’s ID@Xbox program. Simonetta joins as Chief Strategy & Investment Officer (CSO) of Thunderful Group, and will focus entirely on the Games segment.
Henrik Mathiasen, Head of Distribution of Thunderful Group AB (“Thunderful Group” or the “Company”), has sold in total 250,000 shares (the “Sale”) in Thunderful Group.
An exciting first quarter with good profitability
Thunderful Group AB (”Thunderful Group”) today announces that their British subsidiary Coatsink Softward Ltd (”Coatsink Software”) has signed agreements with Facebook-owned companies for new and perennial game development and collaboration projects, at a total value exceeding 20 MUSD.
An annual general meeting was held in Thunderful Group AB on April 27, 2021. Due to the extraordinary situation prevailing because of covid-19 the annual general meeting was held by postal voting and without any physical attendance. A summary of the decisions made at the general meeting follows below. All resolutions have been made with required majority and in accordance with the proposals set forth by the Board of Directors and Nomination Committee.
In accordance the previously announced acquisition of all outstanding shares in Headup GmbH, 446,250 shares in Thunderful Group AB have been issued at a subscription price of SEK 56.80 per share.
The shareholders in Thunderful Group AB, company reg. No. 559230-0445, (the “Company”), is convened to the Annual General Meeting on Tuesday, April 27, 2021 by participating in postal voting. Attendance at the Annual General Meeting takes place exclusively by postal ballot.
Thunderful Group AB (“Thunderful”) announces today that the acquisition of Headup GmbH (“Headup”) has been completed. The transaction was announced in a press release on the 24th of February 2021, when it was announced that Thunderful had entered into an agreement to acquire Headup for a total maximum purchase price of EUR 11 million.
Thunderful Group AB (“Thunderful”) issues clarifications with regard to the year-end report for 2020 observing that the operating profit for Coatsink Software has been adjusted and audited locally causing negative effect on Thunderful Games’ operating profit for the period 1 October – 31 December 2020 by reducing net sales. Further, Thunderful has identified a need to clarify the KPIs Net Sales and EBITDA within the segment Thunderful Distribution. Finally, Thunderful clarifies the increase of Other external expenses.
An intensive year characterized by strong growth and good profitability
Thunderful Group (Nasdaq First North Premier Growth Market: THUNDR), announces today that the Nomination Committee for the 2021 Annual General Meeting has been appointed.
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Carnegie Investment Bank AB (publ) and ABG Sundal Collier AB (jointly the "Joint Global Coordinators") have today notified Thunderful Group AB ("Thunderful Group” or the "Company") and Bergsala Holding AB that the over-allotment option has been exercised in full and that the stabilisation period has ended.