2048

Conference Call Q1 2025

Modern Times Group (MTG) reported strong first-quarter 2025 results, driven by the acquisition of Plarium, which was consolidated from 1 February.

• MTG reported Q1 2025 net sales of SEK 2,557 million, a 79% year-over-year increase driven primarily by the acquisition of Plarium and 6% organic growth.
• The integration of Plarium shifted the revenue mix, with Strategy and Simulation now the largest segment at SEK 1,066 million and IAP revenue rising to 76% of the total.
• Adjusted EBITDA reached SEK 616 million with a 24% margin, supported by a free cash flow of SEK 143 million despite increased marketing spend for new titles.