Amid these dire times, we couldn’t be happier to see how our KFN portfolio company Adventure Box goes against the dreary trend in the stock markets.
The company’s stock price is up 113% since the start of 2020!
When people across the world choose to stay at home because of the COVID-19 pandemic, the demand for online games increases sharply. Adventure BoxTechnology AB – listed on Nasdaq First North – sees a strong increase in interest in the company’s solution for streamed games.
From January to February, Adventure Box-visitors increased by 24% to 1,017,457. At the same time, the number of returning visitors increased by 19% to 233,404.
The customer acquisition cost has been reduced by more than 30%.
Congrats to the Adventure Box team!