Enad Global 7 Ab · OMXSTO:EG7
Enad Global 7 Ab — Q4 2024 Earnings Presentation
16 slides from Enad Global 7 Ab's earnings presentation, Feb 7, 2025
Slide 1: Investor Presentation Q4 2024
x Investor Presentation Q4 2024 2025/ 02/ 07
Slide 2: Q4 2024 Key Performance Figures
EG7 Q4 2024 INTERIM REPORT Q4 2024 Key Performance Figures ▪ Strong finish for the year ▪ Best quarter for 2024 NET REVENUE ADJUSTED EBITDA Y-O-Y NET REVENUE GROWTH ADJUSTED EBITDA MARGIN 513MSEK 129 MSEK 8.4 Percent 25 Percent 2
Slide 3: Key Drivers for the Quarter
EG7 Q4 2024 INTERIM REPORT Key Drivers for the Quarter ▪ MechWarrior 5: Clans release mid Q4 ▪ Elevated contributions from Fireshine with: ▪ Solid performance from digital releases led by Core Keeper ▪ Further boost from physical releases for Planet Zoo and Balatro ▪ Most profitable quarter this yea
Slide 4: Full Year 2024 Key Performance Figures
EG7 Q4 2024 INTERIM REPORT Full Year 2024 Key Performance Figures NET REVENUE ADJUSTED EBITDA Y-O-Y NET REVENUE ADJUSTED EBITDA DECLINE MARGIN 1,713 326 MSEK MSEK (16.2) 19 Percent Percent 4
Slide 5: Full Year Performance Commentary
EG7 Q4 2024 INTERIM REPORT Full Year Performance Commentary ▪ Full year results below our expectations ▪ Net Revenue came in 4.8% below our stated target of 1.8 BSEK ▪ Adjusted EBITDA margin came in at 19% vs. our updated target of 20% stated with our Q3 earnings ▪ Reasons for the softer performance
Slide 6: Business Optimization
EG7 Q4 2024 INTERIM REPORT Business Optimization Significant cost reductions over the last twelve months: ▪ Approximate annualized total of 191 MSEK ▪ Of this total, changes post year-end amount to 88 MSEK ▪ Organizational downsizing ▪ Business rebound insufficient ▪ Full wind-down ▪ Reduced annual
Slide 7: Financial Discussion
Financial Discussion
Slide 8: Net Revenue, Adjusted EBITDA and EBIT
EG7 Q4 2024 INTERIM REPORT Net Revenue, Adjusted EBITDA and EBIT QUART ERLY LT M (MSEK) 600 40% 2 500 40% 513 500 473 466 35% 2 045 35% 2 000 1 855 382 1 725 1 673 1 713 400 30% 30% 353 1 500 27% 300 25% 25% 25% 22% 22% 200 21% 20% 1 000 19% 20% 129 19% 102 18% 98 16% 100 62 15% 542 15% 45 40 33 414
Slide 9: More predictable part of Net Revenue
EG7 Q4 2024 INTERIM REPORT More predictable part of Net Revenue QUART ERLY LT M (MSEK) 600 100% 2500 100% 513 90% 90% 2045 500 473 466 80% 2000 80% 1855 74% 1725 71% 1713 70% 1673 69% 70% 400 382 67% 64% 66% 65% 64% 353 344 63% 60% 1500 60% 57% 305 1318 300 272 271 50% 1165 1181 50% 261 1105 1108 40
Slide 10: Net Revenue and Adjusted EBITDA Mix: Daybreak and Big Blue Bubble
EG7 Q4 2024 INTERIM REPORT Q4 NE T REVENUE CON T RIBUT ION Daybreak 199 39% Net Revenue and Big Blue Bubble Rest of the group 81 233 16 45% Adjusted EBITDA Mix Group total 513 100% Q4 ADJ EBI T DA CON T RIBUT ION Daybreak 27 21% Big Blue Bubble 49 38% Rest of the group 53 41 Group total 129 100% (MS
Slide 11: Net Revenue and Adjusted EBITDA Mix: Piranha and Toadman
EG7 Q4 2024 INTERIM REPORT Q4 NE T REVENUE CON T RIBUT ION Piranha 70 14% Net Revenue and Toadman Rest of the group 436 7 1% 85% Adjusted EBITDA Mix Group total 513 100% Q4 ADJ EBI T DA CON T RIBUT ION Piranha 32 25% Toadman -2 -1% Rest of the group 99 77% Group total 129 100% (MSEK) PIRANHA QUARTER
Slide 12: Net Revenue and Adjusted EBITDA Mix: Fireshine and Petrol
EG7 Q4 2024 INTERIM REPORT Q4 NE T REVENUE CON T RIBUT ION Fireshine 124 24% Net Revenue and Petrol Rest of the group 33 357 6% 70% Adjusted EBITDA Mix Group total 513 100% Q4 ADJ EBI T DA CON T RIBUT ION Fireshine 35 27% Petrol -5 -4% Rest of the group 99 77% Group total 129 100% (MSEK) FIRESHINE P
Slide 13: Net Cash Position
EG7 Q4 2024 INTERIM REPORT Net Cash Position (MSEK) Cash Flow Q4 FY 500 481 467 Cash OB 219 481 400 Operation* 196 194 317 322 Investing** -97 -306 300 Financing*** -7 -66 219 Delta Cash 92 -178 200 Currency fluctuations in 11 19 100 liquidity 7 Cash CB 322 322 0 -63 -100 *Change in Working Capital
Slide 14: Summary
Summary
Slide 15: Looking Ahead
EG7 Q4 2024 INTERIM REPORT Looking Ahead ▪ 2025 performance expectations ▪ Plan is to return to growth ▪ Key new product releases planned: ▪ Palia from Singularity 6 targeted for Q2 ▪ Cold Iron’s new game targeted for the second half of the year ▪ Steady and profitable performance from Daybreak and
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