Modern Times Group Mtg Ab Class A · OMXSTO:MTG_A
Modern Times Group Mtg Ab Class A — Q3 2020 Earnings Presentation
9 slides from Modern Times Group Mtg Ab Class A's earnings presentation, Nov 4, 2020
Slide 1: Q3 2020 Financial results
— es Q3 2020 Financial results November 4th, 2020 m
Slide 2: Highlights of the quarter
Highlights of the quarter Net sales amounted to SEK 912 (1,044) million and adjusted EBITDA to SEK 196 (31) million in Q3 2020, a record result for the Group and gaming vertical InnoGames delivered an all-time high profit in the quarter driven mainly by Forge of Empires Kongregate successfully launc
Slide 3: ESL One Cologne CS:GO / ESL One Thailand Dota 2
• • ESL ONE COLOGNE CS:GO ESL ONE THAILAND DOTA 2
Slide 4: One company. Two brands.
• • • ONE COMPANY. TWO BRANDS. •
Slide 5: Gaming: Record high adj. EBITDA
Gaming: Record high adj. EBITDA Gaming net sales, reported (MSEK) +8%* v 629 650 625 679 Q319 Q419.—-QT20 §=—Q2’20 Q3’20 Gaming adj. EBITDA, reported (MSEK) +116%, Y 255 2n 174 118 132 Q319, Q419) QT20 =—Q2’20 Q320 &InnoGames All-time high adjusted EBITDA + All+time high adjusted EBITDA for the MTG
Slide 6: Quarterly revenue and adjusted EBITDA
Quarterly revenue and adjusted EBITDA Net sales, reported (MSEK) Adjusted EBITDA, reported (MSEK) A13%* Q319 Q419 QT20 Q2’20 Q3’20 Hl Esports Hl Gaming +538% Y 196 -26 -21 Q319 Q419 QP20 Q2’20 Q3z20 Hl Esports Ill Gaming Central ops. Net sales declined in Q3 to SEK 912 (1,044) million, where underly
Slide 7: Cashflow statement
Cashflow statement (MSEK) - 3120208 G5 2019 BENA20I9) * Cash flow from operations before Cash flow from operations 135 -38 nal changes in working capital amounted to Changes in working capital -42 5 “17 SEK 135 (-38) million Net cash flow to/from operations 93 -33 -188 * The Group reported a SEK -42
Slide 8: Updated financial guidance for H2 2020
Updated financial guidance for H2 2020 * Revenue in the esport vertical is expected to decline by approximately 27% to 32% (previously 30% to 40%) in H2 2020 compared to H2 2019 * ESL and DreamHack will continue to reduce both cost of goods and services sold and fixed costs. These savings will be at
Slide 9: Summary of Q3 2020
Summary of Q3 2020 Record-high adjusted EBITDA for the Group and the gaming vertical on the back of continued strong user engagement and normalized marketing spend Esport continues to entertain in new formats and demonstrates improved cost control Exciting new games pipeline for both InnoGames and K
Modern Times Group MTG — Q3 2020 Earnings Presentation on 6ix