Fractal Gaming Group Ab · OMXSTO:FRACTL
Fractal Gaming Group Ab — Q4 2024 Earnings Presentation
10 slides from Fractal Gaming Group Ab's earnings presentation, Feb 6, 2025
Slide 1: Q4 2024 Report
6 F E B R U A R Y 2 0 2 5 Q4 2024 Report
Slide 2: Q4 Highlights
Q4 Highlights Strong finish of the year with good momentum entering 2025. Net sales in Q4 was 205 SEKm (143), an increase of 44%, +42% organically. The second highest in Fractal history. Partners were increasing their inventory levels to meet demand in the seasonally strong fourth quarter and ahead
Slide 3: Market Development & Demand
Market Development & Demand Upgrade demand driven by aging systems: End of Q4 marks five years since the pandemic-driven upgrade boom, with many gaming-PCs reaching the end of their lifecycle. PC gaming demand rising: 35% of U.S. consumers considering tech purchases planned to buy a desktop PC for t
Slide 4: Key Financials 2024
Key Financials 2024 • 698 SEKm (773), down 9.7%. Meeting high comparison figures for full year 2023 with growth of 59%. • 40.3% (40.8) slightly lower year-over-year. Product • Successful product launches, including two new product categories: the Refine gaming chair • Lower purchasing prices and fre
Slide 5: Q4 Net sales
Net sales, SEKm Q4 Net sales SEKm R12 Q4 Net sales reached 205 SEKm (143), representing a 43.8% increase. Organic net sales increased to 19 USDm (13), up 42.0%. • Second-strongest quarter in Fractal’s history, following the record set in Q2 2023. • Successful promotional campaigns during Black Frida
Slide 6: Q4 Segment development
Q4 Segment development Business Segment Sales of cases accounted for 86% of total sales, a 5-percentage Cases Other Total point decrease from the previous year, primarily an effect Q4 Q4 Q4 of the launch of the new Refine computer chair. SEKm 2024 2023 2024 2023 2024 2023 Geographic market Total net
Slide 7: Q4 Product margin
Q4 Product margin Product margin (%) The product result increased to 80 SEKm (58) and the product margin was 39.1% (40.8), a decrease of 1.7 percentage points. ▪ One-off write-down of older products within water cooling category, which reduced the margin by approximately 1.3 percentage points. ▪ Sli
Slide 8: Q4 Earnings and Cash flow
Q4 Earnings and Cash flow SEKm EBITDA (SEKm) and EBITDA-margin R12 (%) R12 EBITDA increased to 29 SEKm (13), with an EBITDA margin of 14.2% (8.8). Operating cash flow improved to 17 SEKm (-56), mainly driven by higher EBITDA and a positive working capital effect. Lower inventory and higher payables
Slide 9: Income statement
Income statement Q4 Jan—Dec SEKm 2024 2023 2024 2023 Net sales 205,2 142,6 697,9 773,3 Capitalized development expenditure 4,8 2,8 13,6 8,7 Total revenue in Q4 amounted to 210 SEKm, an increase of 43.3%. Other operating income 0,0 1,0 0,6 0,2 Total revenue 210,0 146,5 712,2 782,2 Goods for resale as
Slide 10: Summary
Summary • Strong finish of the year, entering 2025 with • Our strong financial position gives us good momentum. the opportunity to pursue our strategic initiatives and to further advance our • Net sales 9.7% lower in FY 2024 meeting position in the market. very high comparison figures 2023 (+59%). •