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24h technologies ab (24H) Snapshot

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24h technologies ab (24H) Details

Mavshack AB (publ) provides entertainment content. It operates a subscription-based Internet TV service offering Asian movies in HD, TV shows, and music videos. The company’s audience primarily consists of Indians, Filipinos, Indonesians, and Chinese people. It also offers advertising services. The company was formerly known as 24h Technologies AB and changed its name to Mavshack AB (publ) in April 2013. Mavshack AB (publ) was founded in 2007 and is based in Stockholm, Sweden.

Founded in 2007

24h technologies ab (24H) Top Compensated Officers

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24h technologies ab (24H) Key Developments

Mavshack AB (publ) to Report Q2, 2015 Results on Aug 28, 2015

Mavshack AB (publ) announced that they will report Q2, 2015 results on Aug 28, 2015

Mavshack AB (publ) Reports Group and Parent Earnings Results for the First Quarter Ended March 31, 2015

Mavshack AB (publ) reported group and parent earnings results for the first quarter ended March 31, 2015. For the quarter, on consolidated basis, the company reported net revenues of SEK 52,297 against SEK 5,167,147 million a year ago. Operating loss was SEK 10,877,309 against SEK 13,090,735 a year ago. Net loss was SEK 12,583,305 or SEK 0.17 per share against SEK 13,115,250 or SEK 0.24 per share a year ago. Cash outflow from operating activities was SEK 1,166,803 against SEK 7,863,375 a year ago. Investments in intangible assets were SEK 51,869 compared to SEK 345,880 a year ago. For the quarter, on parent basis, the company reported net revenues of SEK 1,719 against SEK 82,085 a year ago. Operating loss was SEK 3,185,950 against SEK 3,680,166 a year ago. Net loss was SEK 4,836,373 against SEK 3,622,524 a year ago.

Mavshack Appoints Ron Tan as New Member of Directors

Ron Tan, CEO and owner of Victory Hill Exhibitions, is set to serve as a Member on the Mavshack Board of Directors. Mr. Tan has a wealth of experience from the entertainment industry and has, amongst other, worked as a movie producer. As CEO for Victory Hill he has most recently worked closely with Disney- owned Marvel Studios.


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