Stillfront: High Growth Ahead
Stillfront acquires two fast-growing companies, which will help them reach their ambitious goals of reaching SEK 10 billion in revenues by 2023. Super Free Games is a casual mobile game company focusing on trivia, word, and quiz games. Sandbox Interactive is the developer and publisher of the successful MMORPG Albion Online. The pro forma valuation in 2021E suggests that Stillfront is currently attractively valued.