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I can see that the speed on Magazinos is 2,2 seconds, which is fast
https://gtmetrix.com/reports/www.magazinos.com/1SUBMKEw/
https://gtmetrix.com
Waiting now for news regarding the sale or listing of Magazinos.com
https://www.londonstockexchange.com/news-article/CRV/investee-company-update-magazinos-com/14691179

Hi Katrina
Saw that, but we could also see on the Interim result the deal with YRRO Ltd and Black Sea Properties AS listed on Oslobors, Euronext Growth list

Hopefully is that this deal with BSP AS will be done!

Transactions after the period end
On 9 December 2020, the Company announced that Black Seas Property AS ("BSP") entered into a 6 month option agreement to acquire certain brand names and associated rights from its investee company YRRO Ltd. Under the terms of the agreement, consideration payable of NOK 130,000,000 is to be settled by the issuance of new shares in BSP to the shareholders of YRRO Ltd.

Hi John
I agree and I do Not understand why Magazinos does not use Google Adsense to have ads on the service
If you use the Google calculator then you will see the earning from Google
https://www.google.com/adsense/start/#calculator
I don't know the traffic on Magazinos, but as it is a Free service I assume the traffic is high
In my example under I used that a user does 10 page views and its interest is, Home and Garden and users come from Europe

Daily visitor Page view Month Total page vie Yearly Revenue / Cost

1.000 x 10 x 30 = 300.000 $ 42.720

10.000 x 10 x 30 = 3.000.000 $ 427.200

100.000 x 10 x 30 = 30.000.000 $ 4.272.000

500.000 x 10 x 30 = 150.000.000 $ 21.360.000

1.000.000 x 10 x 30 = 300.000.000 $ 42.720.000

5.000.000 x 10 x 30 = 1.500.000.000 $ 213.600.000

10.000.000 x 10 x 30 = 3.000.000.000 $ 427 200 000

The Swedish magazine service Readly, ruffly 1/ 3 of Magazinos with only 4.000 magazine titles to read compare to Magazinos 11.313 just announced result of 2020
Revenue 2020 was SEK 352 million, as Readly can keep 30%, 70% is forwarded to publishers, the net revenue is SEK 105,6 million
The result of 2020 is SEK -189, which says that the total cost running Readly yearly is SEK 294,6 million
CRV owned Magazinos does break even
Market Cap for Readly is SEK 2.675 billion
http://www.nasdaqomxnordic.com/aktier/microsite?languageId=1&Instrument=SSE203369

Under from Readly announcement today:
Revenues for the period amounted to SEK 352.6 (264.7) million, corresponding to an increase of 33.2 percent compared with the same period last year.
Gross profit increased by 41.4 percent to SEK 117.1 (82.8) million, corresponding to a gross margin of 33.2 (31.3) percent.
The coverage ratio for the period was -10.8 (-6.2) percent.
Operating profit amounted to SEK -189.1 (-142.5) million, corresponding to an operating margin of -53.6 (-53.8) percent.
Adjusted operating profit for items affecting comparability amounted to SEK -169.6 (-138.1) million, corresponding to an adjusted operating margin of -48.1 (-52.2) percent.
Earnings per share were SEK -6.5 (-5.9), before and after dilution.

https://corporate.readly.com/files/Main/18245/3289131/readly-year-end-report-2020.pdf

Can see that 75.000 CRV shares was sold 12.02.2021 for $ 1,25 - 1,30
The question is Not who is selling, most probably Gyllenhammar, the question is, who is buying and what info do they have?

Hi Karina
Regarding Gyllenhammar, no
Hope Elvis leaves the building fast!.......... ;)
Regarding Egil, I spoke also with him, as I am native Norwegian, he is very positive to speak with, that said, Egil is very corporate and I as you did not get positive or negative information from him
What I can see from listings on Oslo Bors Euronext Growth 2020 is that all listings are more or less sky is the limit
We talk P/E figures of 100 or 20 times yearly revenue, totally crazy valuations on that list!

I can see that Gyllenhammar is selling out and by that the share price drops every time Gyllenhammar sells
The good part, I checked Magazinos during the weekend and all works perfectly
Magazinos publish today 11.303 magazine titles for free to read and is Nr 1 in the world by content to read
That against Swedish Readly, with only4.000 titles to read, cost monthly € 9.999, +70 employers, loses £ 15.000.000 yearly, and is valued at £ 250.000.000
http://www.nasdaqomxnordic.com/aktier/microsite?languageId=1&Instrument=SSE203369

YRRO Ltd owned by CRV 30%, got its OMEGA 3 NORTH NORWAY now on the landing page for Omega 3 on Amazon UK
OMEGA 3 NORTH NORWAY cost on Amazon UK £ 14,99 and I can see that it got a 5-star rating from the users

https://www.amazon.co.uk/NORTH-NORWAY-90-Salmon-antioxidant-astaxanthin/dp/B08RXF21JR/ref=sr_1_156_sspa?dchild=1&keywords=omega+3&qid=1613127283&sr=8-156-spons&psc=1&spLa=ZW5jcnlwdGVkUXVhbGlmaWVyPUEzMEVYSUJUMTZYU1MxJmVuY3J5cHRlZElkPUEwNjAxMzUzQjc2UUJBSk9KQVA1JmVuY3J5cHRlZEFkSWQ9QTA5MjcxMDYzMzZaTFVES0k3RlMmd2lkZ2V0TmFtZT1zcF9idGYmYWN0aW9uPWNsaWNrUmVkaXJlY3QmZG9Ob3RMb2dDbGljaz10cnVl

The Tech Scandinavians in CRV were not interested to work with Peter
Peter don't work for the shareholders, Peter work only for himself

Tomorrow CET 07.30, Magazinos Swedish competitor Readly, today valued at SEK 2.661.000.000 ( € 260.000.000 ) will announce the result of 2020
https://www.avanza.se/placera/pressmeddelanden/2021/02/11/readly-invitation-to-presentation-of-readlys-results-for-january-december-2020.html
It will be a loss, the question is how much?
I guess SEK 150.000.000 ( € 15.000.000 ) from older announcements done by Readly, but the loss can be more........

Hi John
I talked to Egil and they will have a board meeting now Thursday and will after that make an announcement, that said it can be negative news but hopefully a positive
I also got the Omega 3 North Norway YRRO Ltd sell and the producyt is exelent!

Search for IOS App: Magazinos Inc

Hi Karina
It is because you have IOS ( Apple ) and secure system Acast. Download the IOS App and then it will work :)

50 CRV share sold today, GBP 0,8764 = $ 1,2

https://www.londonstockexchange.com/stock/CRV/craven-house-capital-plc/company-page

The CRV business is now 100% Scandinavian Tech
The share up so far today 20%
Waiting now for news regarding Garimon Ltd - Magazinos.com and YRRO Ltd - Bio Vitos.com

The large spread is a result of that all are waiting for news regarding the announced RTO between YRRL Ltd and Black Sea Properties AS and by that will be listed on Oslo Bors, Euronext Growth, and the result of selling or listing of Magazinos

https://www.londonstockexchange.com/news-article/CRV/investee-company-update-yrro-ltd/14785650
https://www.londonstockexchange.com/news-article/CRV/investee-company-update-magazinos-com/14691179

1. Magazinos ( Garimon Ltd ) is Nr 1 in the world by content, two times bigger than PressReader and nearly 3 times bigger than Swedish Readly, valued at € 270.000.000
http://www.nasdaqomxnordic.com/aktier/microsite?Instrument=SSE203369

2. Bio Vitos ( YRRO Ltd ) will be listed on Euronext Growth on Oslobörs and is selling Now on Amazon it's OMEGA 3 NORTH NORWAY

https://www.amazon.co.uk/NORTH-NORWAY-90-Salmon-antioxidant-astaxanthin/dp/B08RXF21JR/ref=sr_1_194_sspa?dchild=1&keywords=omega+3&qid=1611903605&sr=8-194-spons&psc=1&spLa=ZW5jcnlwdGVkUXVhbGlmaWVyPUEzM1FBWkRCU1U4MTFJJmVuY3J5cHRlZElkPUEwODczOTIzMldTU0Q4REpKWjVXMyZlbmNyeXB0ZWRBZElkPUEwNzQyMDIwMUJIWVRHWlZSS0JCNCZ3aWRnZXROYW1lPXNwX2J0ZiZhY3Rpb249Y2xpY2tSZWRpcmVjdCZkb05vdExvZ0NsaWNrPXRydWU=

The CRV share has gone + 58,8% since December 2020

Magazinos competitor, Swedish Readly now valued at SEK 3 billion ( € 300.000.000 )

http://www.nasdaqomxnordic.com/aktier/microsite?Instrument=SSE203369

Readly loses yearly SEK 300.000.000.- ( € 30.000.000 ), Magazinos does Break Even!

Readly do have 4.000 magazine titles, cost monthly £ 7.90, Magazinos does have today 11.212, soon after server upgrade over 20.000 titles for Free to read!

Magazinos will be listed or sold as the announcement from CRV Sept 18 / 2020

https://www.londonstockexchange.com/news-article/CRV/investee-company-update-magazinos-com/14691179

YRRO Ltd ( Bio Vitos ) has launched it's OMEGA 3 NORTH NORWAY on Amazon UK

https://www.amazon.co.uk/Omega-3-Capsules-90-Salmon-Gelatin-Softgels/dp/B08RXF21JR/ref=sr_1_2?dchild=1&keywords=omega+3+north+norway&qid=1610951823&sr=8-2

www.biovitos.com