Nexters Results Presentation Deck slide image

Nexters Results Presentation Deck

Key financial highlights (2/2) $m Selling and Marketing Expenses 7 91 Q2 2021 155 H1 2021 -61% -41% 35 Q2 2022 HT 2022 Source: Company information (unaudited) $m G&A Expenses M Q2 2021 5 H1 2021 >100% >100% 7 Q2 2022 14 HT 2022 $m Total Costs and Expenses, excl. D&A 125 Q2 2021 219 H1 2021 -35% -18% 81 Q2 2022 180 HT 2022 nexters Selling and marketing expenses decreased by 41% YoY in H1 2022 and by 61% in Q2 2022 mainly due to the massive scaling of UA investments into new players both in H1 2021 and Q2 2021 amplified by a substantial decrease in UA investments in H1 2022 and Q2 2022 driven by the general saturation of the market as well as the suspension of our marketing activities in Russia and Belarus G&A expenses increased by $8m in H1 2022 and by $4m in Q2 2022 driven by an increase in personnel and other expenses associated with listing on NASDAQ and increase in the scale of our operations as well as by the special costs related to the reduction of personnel in Q2 2022
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