MAG Interactive reported a 9% revenue increase in US dollars for the third quarter of fiscal 2026, though currency headwinds limited growth to 4% in Swedish krona. Average revenue per daily active user jumped 24%, driven by the new game Crozzle and optimizations in live games. The company launched Wordzee on a new tech platform and expanded Crozzle into new languages, boosting EU revenues. However, daily active users were flat sequentially and down year over year, while staff costs grew faster than revenue. CEO Daniel Hasselberg emphasized that AI is used to increase productivity rather than reduce headcount, aiming for long-term targets of SEK500 million in revenue and SEK100 million in profit.
Currency headwinds from USD strength limited SEK revenue growth, implying USD stronger vs SEK.
Revenue grew 9% in USD, ARPDAU up 24% driven by new game Crozzle and live game optimizations.