FinancialModern Times Group
Q4 2025 Financial Report: Modern Times Group
28 Feb 202626 pages~52 min full read
Modern Times Group achieved record Q4 2025 performance with net sales reaching SEK 3.1 billion and organic revenue growth of 8 percent.
See it on page 14The acquisition of Plarium, consolidated from 31 January 2025, contributed SEK 5,384 million in sales and SEK 495 million in pre-tax income for the quarter.
See it on page 21Plarium's integration involved SEK 786 million in purchase-price amortisation during Q4, impacting the reported pre-tax income.
See it on page 21If the Plarium acquisition had been effective for the full year of 2025, total pro-forma sales would have reached SEK 12,137 million with pre-tax income of SEK 398 million.
See it on page 21The company's constant-currency revenue growth for Q4 2025 was 108 percent, driven by the combined impact of organic expansion and strategic acquisitions.
See it on page 1Modern Times Group's management indicates that current results confirm the effectiveness of its acquisition strategy in achieving immediate scale and profitability.
See it on page 20Modern Times Group delivered a record‑setting performance for the fourth quarter of 2025, underscoring the company’s momentum in the digital entertainment sector. Organic revenue expanded by 8 percent, which translates to a 108 percent increase when measured in constant‑currency terms, and net sales reached SEK 3.1 billion. These figures reflect the strength of the group’s core portfolio and its ability to generate growth despite a volatile macro‑economic environment.
A pivotal element of the results was the integration of Plarium, which was completed on 12 February 2025 and consolidated from 31 January. The acquisition contributed SEK 5,384 million in sales for the quarter and produced SEK 495 million of income before tax, after accounting for SEK 786 million of purchase‑price amortisation. When the acquisition is modelled as if it had been in place from the start of the year, total sales for 2025 would have risen to SEK 12,137 million, with pre‑tax income of SEK 398 million, albeit offset by SEK 1,269 million of amortisation.
The combined impact of robust organic growth and the strategic addition of Plarium positions Modern Times Group as a leading player in the global gaming market. The financial outcomes demonstrate that the company’s acquisition strategy is delivering immediate scale and profitability, while its underlying business continues to expand at a pace that exceeds prior expectations. This performance suggests a durable growth trajectory for the remainder of the fiscal year and beyond.
