MAG Interactive Q1 2024/25 Interim Report Presentation

Key insights

7 takeaways

01
MAG Interactive reported sequential revenue stability in Q1 2024/25, maintaining a healthy cash balance of 119 MSEK despite a year-over-year decline in net sales from 77 MSEK to 69 MSEK.See it on page 7
02
The company divested the Primetime game effective January 1st, a move expected to improve annual EBIT by 5 MSEK while reducing annual sales by 7 MSEK.See it on page 3
03
User acquisition (UA) spending is increasing from previous low levels, with a specific focus on driving growth for the QuizDuel title.See it on page 2
04
The new game Crozzle has entered soft launch, achieving over 100,000 downloads to date.See it on page 4
05
Adjusted EBITDA for the quarter reached 17 MSEK, down from 19 MSEK in the same period last year, reflecting the impact of fluctuations in UA investment.See it on page 8
06
The company is prioritizing portfolio expansion through a mix of organic development and M&A, alongside efforts to improve the lifetime value (LTV) of existing live games.See it on page 9
07
Shareholders will receive a dividend of 1 SEK per share, supported by the company's underlying cash generation.See it on page 2

Summary

Investments in platform and new games Effect on q2: january + February 1d 12h ALPHA GATES S BOTCHES JUNIOR, COLLECTIVE FOLLOWER 47 RD RUZLE 17 MSEK R D R MSEK WODZEE! Word Domination Ruzzle WordBrain R Growth Live ops Tile Mansion Word Mansion WordBubbles! s p Wordalot 5 CROZZLE ? ? Primetime Wordalot Word Peace MSEK new gam...

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