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Funcom NV (FUNCOM.OL)

FUNCOM.OL on Oslo Stock Exchange

2.52NOK
18 Aug 2017
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Latest Key Developments (Source: Significant Developments)

Funcom and bearded dragon cooperating on new game title
Friday, 23 Jun 2017 06:30am EDT 

June 23 (Reuters) - FUNCOM NV ::FUNCOM AND BEARDED DRAGON ARE COOPERATING ON NEW GAME TITLE.‍ENTERED INTO AN AGREEMENT WITH BEARDED DRAGON INTERNATIONAL LTD REGARDING DEVELOPMENT AND PUBLISHING OF A NEW GAME​.GAME IS IN "TACTICAL TURN-BASED STRATEGY" GENRE AND IS PLANNED TO BE RELEASED DURING 2018.  Full Article

Funcom Secret World Legends to launch 26 June
Tuesday, 9 May 2017 07:03am EDT 

May 9 (Reuters) - FUNCOM NV ::FUNCOM NV - FUNCOM’S SECRET WORLD LEGENDSTM TO LAUNCH 26 JUNE, NEW VIDEO OUT NOW.  Full Article

Funcom appoints Stian Drageset as new permanent CFO
Tuesday, 4 Apr 2017 08:45am EDT 

FUNCOM NV : FUNCOM APPOINTS STIAN DRAGESET AS NEW CFO TO STRENGTHEN THE EXECUTIVE . HAS APPOINTED MR. STIAN DRAGESET AS NEW PERMANENT CFO .DRAGESET WILL START HIS EMPLOYMENT ON 1ST OF AUGUST 2017.  Full Article

KGJI sells 7.9 pct in Funcom at NOK 2.84/shr
Friday, 31 Mar 2017 02:05am EDT 

FUNCOM NV : FUNCOM NV - KGJI HAS TODAY SOLD 20,000,000 SHARES IN FUNCOM, REPRESENTING 7.88 PER CENT OF SHARE CAPITAL . KGJ INVESTMENTS S.A. SICAV-SIF HAS SOLD 20\,000\,000 SHARES AND WILL CONVERT 3.5 MILL BONDS .FUNCOM NV - SHARES WERE SOLD AT A PRICE OF NOK 2.84 PER SHARE.  Full Article

Funcom Q4 EBIT loss narrows to $0.6 million
Tuesday, 28 Feb 2017 04:35am EST 

Funcom NV : Reported on Monday Q4 revenue of $1.7 million versus $2.6 million year ago . Q4 EBIT loss $0.6 million versus loss $0.7 million year ago . Says Q4 revenue was down following gradual and expected decrease in sales from current Live Games . Says continued its cost-saving efforts in Q4 and realized operating cost savings of $0.8 million compared to Q4 2015 . Cash position decreased from $5.2 million at end-Q3 to $3.8 million at end-Q4 as result of investment made into Conan Exiles and The Secret World relaunch . Says two new projects are in early concept stages and will enter pre-production at earliest during H2 2017 .Says has ability to fund its operations for next 12 months after end-Q4.  Full Article

Funcom: Conan Exiles sells more than 320,000 units worldwide
Tuesday, 7 Feb 2017 02:00am EST 

Funcom NV : Conan Exiles game released in early access on steam platform week ago has sold more than 320,000 units worldwide .In addition, all of costs directly related to this game have been recouped and project is now operationally profitable.  Full Article

Funcom Q3 EBITDA turns to profit of $97,000
Wednesday, 2 Nov 2016 03:00am EDT 

Funcom NV : Q3 revenue $1.7 million versus $2.2 million year ago . Q3 EBITDA $97,000 versus loss $365,000 year ago .Company expects to have ability to fund its operations for next twelve months after end of Q3 2016.  Full Article

Funcom Q2 EBITDA swings to loss of $412,000
Friday, 26 Aug 2016 02:00am EDT 

Funcom NV : Q2 revenue $1.7 million versus $2.7 million year ago . Q2 EBITDA loss $ 412,000 versus profit $261,000 year ago .Expects to have the ability to fund its operations for the next twelve months after the end of Q2.  Full Article

Funcom moves early access date for Conan Exiles to Jan 2017
Wednesday, 22 Jun 2016 06:30am EDT 

Funcom N.V. : Has decided to move early access date for Conan Exiles to January 2017 .Says development team is on track to deliver what they set out to do for Sept. 13 but is of opinion that additional development time will allow for better product with higher quality and sales potential.  Full Article

Funcom partners with NVIDIA on "Conan Exiles"
Wednesday, 8 Jun 2016 08:41am EDT 

Funcom NV :Has entered into partnership with NVIDIA for the co-marketing and development of "Conan Exiles".  Full Article