MechWarrior 5: Clans

Enad Global 7 Interim Report: Oct-Dec 2025

Enad Global 7 concluded the 2025 fiscal year by prioritizing balance sheet stabilization over short-term growth metrics.

• Enad Global 7 recorded a full-year 2025 net loss of SEK 2,051.3 million, driven by a strategic impairment charge of SEK 2,051.7 million intended to clear legacy financial burdens.
• Total assets were reduced from SEK 3,590.4 million to SEK 1,885.7 million as part of a balance sheet stabilization effort, leading management to withdraw 2026 financial targets pending a strategic review.
• Q4 2025 net revenue fell 14.8% year-over-year to SEK 436.9 million, though the company maintained stability through its live-service portfolio, specifically 'My Singing Monsters' and Daybreak titles.

ENAD Global 7 Q4 2024 Interim Report

The ENAD Global 7 Q4 2024 interim report outlines the company’s financial performance for the final quarter and the full fiscal year of 2024.

• ENAD Global 7 reported full-year 2024 net revenue of 1,713 million SEK, marking a 16.2% year-over-year decline and missing internal performance targets.
• The company achieved its strongest performance in Q4 2024 with 513 million SEK in net revenue and an adjusted EBITDA margin of 25%.
• Full-year adjusted EBITDA margin reached 19%, falling short of the company's updated 20% target.

Enad Global 7 Year-End and Q4 Report 2024

Enad Global 7 concluded the 2024 fiscal year with a complex financial performance characterized by resilient quarterly revenue growth offset by significant non-recurring charges.

• Enad Global 7 reported a Q4 2024 net loss of SEK 183.5 million and a full-year net loss of SEK 160.2 million, primarily driven by a SEK 342.3 million goodwill impairment related to the Piranha subsidiary.
• Q4 2024 net revenue reached SEK 512.9 million, an 8.4% year-over-year increase, despite the underperformance of 'MechWarrior 5: Clans' and the normalization of 'My Singing Monsters'.
• The company is implementing restructuring efforts across Toadman, Petrol, and Piranha, which are projected to generate total annual cost savings of approximately SEK 160 million.

Enad Global 7 Interim Report: Jul–Sep 2024

Enad Global 7 navigated a complex third quarter in 2024, characterized by a strategic pivot toward long-term operational efficiency despite immediate financial headwinds.

• Enad Global 7 reported a 10% year-over-year revenue decline to SEK 465.7 million for Q3 2024, resulting in a net loss of SEK 29.2 million.
• Management initiated a restructuring program including the closure of select offices and a workforce reduction of approximately 100 employees to achieve SEK 63 million in annual cost savings.
• The company lowered its full-year adjusted EBITDA margin expectation to 20% while maintaining a full-year revenue target of SEK 1.8 billion.

EG7 Q1 2024 Interim Report: Investor Presentation

The EG7 Q1 2024 interim report outlines a transitional period for the company, characterized by a quiet start to the fiscal year due to a lack of major content releases and the expected normalization of revenue from the My Singing Monsters franchise.

• EG7 aims to reach 3 billion SEK in net revenue and 1 billion SEK in Adjusted EBITDA by 2026 through a franchise-based model featuring two to four AA title releases annually.
• Q1 2024 financial results included 382 MSEK in net revenue and 62 MSEK in Adjusted EBITDA, reflecting a quiet period due to a lack of major releases and normalized revenue from My Singing Monsters.
• The company implemented cost-reduction measures at its Toadman and Petrol divisions, resulting in 45 staff layoffs and projected annual savings of 35 MSEK.

Enad Global 7 Q3 2023 Investor Presentation

Enad Global 7’s Q3 2023 investor presentation outlines a period of solid profitability and strategic development, characterized by 16% year-over-year organic growth and a net revenue of SEK 517 million.

• Enad Global 7 reported Q3 2023 net revenue of SEK 517 million with 16% year-over-year organic growth and an adjusted EBITDA margin of 27%.
• Big Blue Bubble drove significant performance with net revenues 157% higher than the same period in 2022, while the Daybreak unit saw a 15% year-to-date revenue decline due to underperformance in DCUO and LOTRO.
• The company maintains a strong cash position of SEK 473 million and is initiating a shareholder capital return program, with an Extraordinary General Meeting scheduled for December.

Enad Global 7 Interim Report: Jan-Mar 2024

Enad Global 7 experienced a period of contraction during the first quarter of 2024, characterized by a significant year-over-year decline in financial performance.

• Enad Global 7 reported a significant Q1 2024 downturn, with net revenue falling 33.2% to SEK 381.7 million and adjusted EBITDA dropping 67.5% to SEK 61.7 million.
• The financial decline was primarily driven by a 69% revenue drop in the Big Blue Bubble division, largely due to a difficult year-over-year comparison with the 2023 performance of My Singing Monsters.
• Management has initiated restructuring at the Toadman and Petrol subsidiaries, including headcount reductions expected to generate SEK 35 million in annual cost savings.

Enad Global 7 Year-End and Q4 Report 2023

Enad Global 7 achieved a significant financial turnaround during the 2023 fiscal year, transitioning from a substantial net loss in 2022 to a net profit of SEK 205.1 million.

Enad Global 7 Interim Report: Jul-Sep 2023

Enad Global 7 demonstrated robust financial performance during the third quarter of 2023, achieving net revenue of SEK 517.3 million, which represents a 16.4% year-over-year organic growth rate.

• Enad Global 7 set a 2026 financial target of SEK 3 billion in revenue and SEK 1 billion in adjusted EBITDA.
• Q3 2023 net revenue reached SEK 517.3 million, reflecting 16.4% year-over-year organic growth.
• Cumulative revenue for the first nine months of 2023 totaled SEK 1,571.9 million, up from SEK 1,306.9 million during the same period in 2022.