Market (Overall)·Updated Mar 21, 2026 by Enad Global 7 AB
EG7 reported a net loss of SEK 236.4 million in 2024, driven by a 16.2 percent revenue decline to SEK 1,713.0 million and a SEK 342.3 million goodwill impairment.
Management initiated cost-saving measures, including the closure of Toadman and restructuring at Piranha Games, to achieve SEK 191.0 million in annual savings by the second half of 2025.
The group’s live-service portfolio, led by Daybreak and Big Blue Bubble, generated 68.9 percent of total revenue, serving as the primary source of cash flow stability.
Financial liquidity was strengthened post-period with a SEK 350 million senior unsecured bond issued in February 2025 to support future development and M&A.
Strategic expansion efforts in 2024 included the acquisition of Singularity 6, the developer of Palia, and an uplisting to Nasdaq Stockholm.
The company maintains a workforce of 546 employees and has transitioned 93 percent of its server capacity to external data centers, with 80 percent powered by renewable energy.
EG7 reported a net loss of SEK 236.4 million in 2024, driven by a 16.2 percent revenue decline to SEK 1,713.0 million and a SEK 342.3 million goodwill impairment.
Management initiated cost-saving measures, including the closure of Toadman and restructuring at Piranha Games, to achieve SEK 191.0 million in annual savings by the second half of 2025.
The group’s live-service portfolio, led by Daybreak and Big Blue Bubble, generated 68.9 percent of total revenue, serving as the primary source of cash flow stability.
Financial liquidity was strengthened post-period with a SEK 350 million senior unsecured bond issued in February 2025 to support future development and M&A.
Strategic expansion efforts in 2024 included the acquisition of Singularity 6, the developer of Palia, and an uplisting to Nasdaq Stockholm.
The company maintains a workforce of 546 employees and has transitioned 93 percent of its server capacity to external data centers, with 80 percent powered by renewable energy.