News


Posts
in Blog

Q3 Report – 31 December 2020

Flexion reports another record-breaking quarter. Third quarter revenue up by 176% and gross profit increases by 223%. This is the third consecutive quarter with reported positive adjusted EBITDA‡. The full report is available to download here October 2020 to December 2020 performance Total r
Read More

Flexion Mobile: The Growth Journey Continues

Today, Flexion communicated a so-called “Trading Update”. Estimated revenue during the quarter is GBP 6.9 million, in-line with our forecasted revenue of GBP 7.3 million. We had estimated a weakened gross margin in the quarter due to the assumed absence of two portfolio games from Yoozoo in Octo
Read More

Flexion Mobile: Time to Feel Enthusiastic

Flexion recently announced an accelerated book-building procedure in a planned targeted rights issue of SEK 90 million to Swedish and international institutions. If the rights issue is completed successfully, Flexion’s largest channel/client will subscribe to additional shares for approximately SE
Read More

Flexion Mobile: Interview following the targeted rights issue (video)

Flexion this evening completed a successfully targeted right-issue with more than 10 international high-quality institutional owners including Odey Asset Management and Handelsbanken Fonder. According to our strong belief, the strategic partner Huawei was a corner investor. We interviewed CEO Jens L
Read More