Modern Times Group achieved a 79% year-over-year increase in net sales to SEK 2,557 million in Q1 2025, largely driven by the acquisition of Plarium.
02
The company maintained a 24% adjusted EBITDA margin for the quarter while balancing increased marketing investments to scale its gaming portfolio.
03
Organic sales grew by 6% in Q1 2025, reflecting stable performance across existing titles alongside the integration of Plarium, which was consolidated on February 1, 2025.
04
Operational cash flow reached SEK 538 million, with a free cash flow of SEK 143 million recorded after accounting for earnout payments.
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The company reports a leverage ratio of 0.82x, supported by an LTM EBITDA of SEK 3,058 million.
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Management projects full-year 2025 organic sales growth between 3% and 7% and an adjusted EBITDA margin of 21% to 24%.
Insights
01
Modern Times Group achieved a 79% year-over-year increase in net sales to SEK 2,557 million in Q1 2025, largely driven by the acquisition of Plarium.
02
The company maintained a 24% adjusted EBITDA margin for the quarter while balancing increased marketing investments to scale its gaming portfolio.
03
Organic sales grew by 6% in Q1 2025, reflecting stable performance across existing titles alongside the integration of Plarium, which was consolidated on February 1, 2025.
04
Operational cash flow reached SEK 538 million, with a free cash flow of SEK 143 million recorded after accounting for earnout payments.
05
The company reports a leverage ratio of 0.82x, supported by an LTM EBITDA of SEK 3,058 million.
06
Management projects full-year 2025 organic sales growth between 3% and 7% and an adjusted EBITDA margin of 21% to 24%.