Fractal Gaming Group Ab · OMXSTO:FRACTL
Fractal Gaming Group Ab — Q1 2025 Earnings Presentation
12 slides from Fractal Gaming Group Ab's earnings presentation, May 8, 2025
Slide 1: Q1 2025 Report
8 M A Y 2 0 2 5 Q1 2025 Report
Slide 2: Q1 Highlights
Q1 Highlights Strong start of the year driven by our strategic initiatives and increased end consumer demand in the market. Net sales in Q1 was 226 SEKm (192), an increase of 18%, +14% organically. The second highest net sales in a single quarter. Sales out revenue surpassed expectations and increas
Slide 3: Market Development & Demand
Market Development & Demand Next-gen GPU launches (Nvidia RTX 5000, AMD RX 9000) kick-started a long-awaited upgrade cycle, driving strong early demand despite pricing and availability concerns. The PC gamer base grew 3.9% to 907.5 million in 2024, maintaining a lead over console gaming (653.1 milli
Slide 4: Introducing Fractal North XL RC
Introducing Fractal North XL RC In March 2025, we launched a new addition to our market-leading North case series: the RC version of the popular North XL, built on the success of the original North (2022) and North XL (2024). It’s designed for motherboards with reversed connectors, enabling fully hi
Slide 5: Net sales
Net sales Net sales, SEKm SEKm 250 226 Q1 Net sales reached 226 SEKm (192), representing a 17.5% increase. 196 192 200 Organic net sales increased to 21 USDm (19), up 14.2%. 150 • Second-strongest quarter in Fractal’s history, following the record 100 set in Q2 2023. 50 • Strong performance from Ref
Slide 6: Segment development
Segment development Business Segment Sales of cases accounted for 86% of total sales, a 7-percentage point Cases Other Total decrease from the previous year, primarily an effect of the launch of Q1 Q1 Q1 the new Refine computer chair. SEKm 2025 2024 2025 2024 2025 2024 Geographic market Total net sa
Slide 7: Product margin
Product margin Product margin (%) 50% The product result increased to 91 SEKm (82) and the product margin 40% 43% 40% decreased to 40.4% (42.8). 40% 30% ▪ Freight costs had a negative impact of approximately 2.0 20% percentage points on the product margin. In the first quarter, 10% freight rates wer
Slide 8: Earnings and Cash flow
Earnings and Cash flow SEKm EBITDA (SEKm) and EBITDA-margin R12 (%) 50 EBITDA increased to 37 SEKm (36), with an EBITDA margin of 16.5% 45 42 (18.9). 40 37 36 35 Operating cash flow improved to 73 SEKm (18), mainly driven by a 30 positive contribution from working capital. Net investments amounted 2
Slide 9: Income statement
Income statement Q1 Apr—Mar Full year SEKm 2025 2024 24/25 2024 Total revenue in Q1 amounted to 230 SEKm, an increase of 17.4% YoY. Net sales 226,0 192,4 731,5 697,9 Capitalized development expenditure 3,5 3,3 13,9 13,6 Goods for resale as a percentage of sales was negatively impacted Other operatin
Slide 10: Summary
Summary • Strong sales momentum continues in Q1, • Strong financial position allows us to pursue second strongest in Fractal history. our strategic initiatives and further advance our position in the market. • Net sales increased by 18% and sales out from tracked partners grew by 29%. • Uncertainty
Slide 11: Capital Markets Day
Capital Markets Day Welcome to learn more at Fractal’s Capital Markets Day 2025! May 15th Inderes Studio Valo Stockholm ir@fractal-design.com https://fractal-gaming-group.events.inderes.com/cmd-2025/register
Slide 12: Questions & Answers
8 M A Y 2 0 2 5 Questions & Answers