Already 10,775 people have seen this company's branding and they are being followed by 24 Storybook user.In average the company has been rated 5.0 points but has not been commented.

's activity report 2022

Creative Mobile OÜ is a subsidiary of Forty Two Ventures OÜ, registered in Estonia and based in Tallinn.

The main activity of Creative Mobile OÜ is programming and the production and publishing of game applications for use in mobile phones and virtual reality devices.

In 2022, sales revenue amounted to 10,892,589 euros (2021 - 10,509,624 euros) and profit 2,160,631 euros (2021 - loss 5,169,130 euros).

The profit is primarily due to sales revenue related to virtual reality game applications.

In the reporting year, Creative Mobile OÜ traditionally engaged in the development and marketing of existing applications and the creation of new applications. In order to ensure successful operation and development, the best specialists in the production and publishing of electronic game applications are constantly sought, hired or involved in the operation.

The company's operations do not involve significant environmental and social impacts, and during the financial year and the reporting period, no risks related to changes in exchange rates, interest rates and stock market prices have emerged for the company.

The average number of employees of Creative Mobile OÜ in 2022 was 49 people, the total labor costs are 2,301,877 euros including social tax. The amount of remuneration calculated for the members of the board is 125,261 euros.

The company's main financial ratios for 2022 are 2022 2021

Sales revenue 10,892,589 10,509,624

Turnover growth 3.6 % -5.7 %

Net profit (loss) 2,160,631 -5,169,130

EBIT (profit before interest and 2,273,062 -4,533,965 tax)

EBITDA (profit before depreciation, interest and 3,914,611 -544,266 tax)

Short-term obligations 1.77 0.57 coverage ratio

ROA 16.6 % -61 %

ROE 19.8 % -513 %

Formulas used in calculating ratios: (cid:127) Turnover growth (%) = (sales revenue 2022 - sales revenue 2021)/ sales revenue 2021 * 100 (cid:127) EBIT = Operating profit= (Operating income - cost of goods and services sold - operating expenses) (cid:127) EBITDA = EBIT+ depreciation and discount of fixed assets (cid:127) Short-term obligations coverage ratio (times) = current assets/short-term obligations (cid:127) ROA (%) = net profit/ total assets (cid:127) ROE (%) = net profit/ total equity In 2023, the company plans to continue and expand its business activities and increase its market position and sales revenue.

The priority of the company's management is still to increase the efficiency of game production through the optimization of production and service processes and employee training. The board's position on the impact of the event initiated on 24.02.2022 on the company's operations is disclosed in Annex 24.