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Star Vault | Official Site
MMORPG | Genre:Fantasy | Status:Final  (rel 06/09/10)  | Pub:Star Vault
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Mortal Online Forum » General Discussion » Q2 losses up 70% Y/Y Stock currently down 26%

3 posts found
  Slapshot1188

Advanced Member

Joined: 5/06/07
Posts: 4193

 
OP  8/22/14 6:56:52 AM#1

 

https://translate.google.com/translate?sl=auto&tl=en&js=y&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fwww.aktietorget.se%2Ffinwire%2FNewsItem.aspx%3FGuid%3DFWS0002243%26Language%3D2&edit-text=&act=url

 

Finwire if Star Vault: Star Vault decreased sales and increased loss in Q2

Agency: FWS
Signature: Stefan Linner 
stefan.linner@finwire.se, 0701-15 39 64 
The news agency Finwire

Star Vault revenues declined in the second quarter of 2014, while the loss steps. 

Net sales fell to 488,542 kronor (572,934). 

Operating profit and profit before and after tax was SEK -1,056,149. Operating profit in the second quarter of last year amounted to SEK -618 183. Earnings per share were SEK -0.022 (-0.013).


 

Posted: 8/22/2014 8:12:38 AM

"I should point out that no other company has shipped out a beta on a disc before this." - Official Mortal Online Lead Community Moderator

Starvault's reponse to criticism related to having a handful of players as the official "test" team for a supposed MMO: "We've just have another 10ish folk kind enough to voulenteer added tot the test team" (SIC) This explains much about the state of the game :-)

  Talonsin

Spotlight Poster

Joined: 7/19/06
Posts: 1187

9/04/14 3:22:35 PM#2

Not to beat a dead horse but it is amazing that with all the cuts this company has made, they are still losing so much money.  They reduced the office, sold off equipment and are down to only three (paid) staff members if I remember correctly.  They launched expansions and added new systems yet no matter how much they cut costs, they continue to lose more and more money. 

 

  gmgalenus

Novice Member

Joined: 9/05/14
Posts: 9

9/05/14 8:55:46 PM#3
Originally posted by Talonsin

Not to beat a dead horse but it is amazing that with all the cuts this company has made, they are still losing so much money.  They reduced the office, sold off equipment and are down to only three (paid) staff members if I remember correctly.  They launched expansions and added new systems yet no matter how much they cut costs, they continue to lose more and more money. 

 

maybe if they didnt intentionally shit allover their playerbase this wouldnt be as much of an issue