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24h technologies ab (24H) Details

Mavshack AB (publ) provides online entertaining content in Europe and Asia. The company’s Mavshack.com offers approximately 1,600 Filipino movies, concerts, and music videos, as well as advertising services. It also offers Mavshack Facebook Movie Player that provides Filipino, Indonesian, and Indian movies. 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.

12 Employees
Last Reported Date: 07/19/14
Founded in 2007

24h technologies ab (24H) Top Compensated Officers

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24h technologies ab (24H) Key Developments

Mavshack AB Announces Earnings Results for the Second Quarter of 2014; Establishes Office in Beijing

Mavshack AB announced earnings results for the second quarter of 2014. For the quarter, the company reported loss per share after dilution of SEK 0.44 against SEK 0.16 a year ago. Loss per share before dilution of SEK 0.48 against SEK 0.18 a year ago. Net sales for the period amounted to SEK 9.2 million against SEK 0.9 million a year ago. Operating loss for the period amounted to SEK 14.9 million against SEK 3.9 million a year ago. Loss before tax was SEK 14.9 million against SEK 3.9 million a year ago. The company announced that it is establishing an office in Beijing and thereby intensify the company's China investment.

Mavshack Appoints Yanling Duan as Head of China

Mavshack continues its rapid expansion in Asia and recruits Yanling Duan, as the new Head of China. With the recruitment of Yanling, the China investment will enter a new, more expansive phase. Yanling Duan is best known as the face and brain behind China's first TV show featuring design and lifestyle that has been broadcast on national Chinese television for over ten years. She has also established a successful branding and communications agency, Dui'A COMmunication, and worked as Editor-in-Chief of Case da Abitare /Rizzoli China. Yanling starts at Mavshack during the third quarter of 2014. Assignment then is to rapidly develop the existing business, build an organization, and to purchase rights and develop Chinese content, in the first step content aimed at Chinese living outside of China. The focus will be on movies, TV shows, lifestyle, and education/edutainment.

Mavshack AB (publ) to Report First Half, 2014 Results on Jul 18, 2014

Mavshack AB (publ) announced that they will report first half, 2014 results on Jul 18, 2014

 

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Valuation 24H Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 8.1x
Price/Book 17.4x
Price/Cash Flow NM Not Meaningful
TEV/Sales 8.6x
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