Replaced

Thunderful Group Q1 2025 Interim Report

Thunderful Group’s interim report for the first quarter of 2025, covering January through March, details a period of significant structural transformation following extensive restructuring in 2024.

• Thunderful Group reduced its operating loss (EBIT) to SEK 65.7 million in Q1 2025, a significant improvement from the SEK 153.9 million loss recorded in Q1 2024.
• Net revenue grew by 7.0% year-over-year to SEK 62.0 million, supported by back-catalog sales in Publishing and work-for-hire projects at Coatsink.
• Personnel expenses dropped by 36.5% as the company reduced its total headcount from 355 to 249 employees as part of a broader restructuring effort.