Modern Times Group Mtg Ab Class A · OMXSTO:MTG_A
Modern Times Group Mtg Ab Class A — Q4 2024 Earnings Presentation
12 slides from Modern Times Group Mtg Ab Class A's earnings presentation, Feb 6, 2025
Slide 1: Q4 2024 Conference Call
Mo February 6, 2025 Q4 2024 Maria Redin, CEO Anton Gourman, VP IR
Slide 2: Strong Q4 with 9% organic revenue growth and record profits
CONFERENCE CALL Q@4 2024 Strong Q4 with 9% organic revenue growth and record profits . despite increased UA Los SAyeteates 1,693 SEKm | 45sSEKm | 27% in Q4 288 SEKm Adjusted Adjusted EBITDA EBITDA margin Free cash flow Net sales up 8% YoY and up 6% in Adj. EBITDA up by 4% YoY 28% adj. EBITDA margin
Slide 3: Closing of Plarium deal expected shortly
CONFERENCE CALL @4 2024 Mo Closing of Plarium deal expected shortly Company presentation| Modern Times Group MTG AB 3
Slide 4: Net sales up 6% in constant currencies YoY in Q4
CONFERENCE CALL Q4 2024 Mo Net sales up 6% in constant currencies YoY in Q4 and up 3% for FY 2024 Reported revenue’, SEKm Reported revenue!, SEKm LTM © YoY Sales growth © YoY Organic growth {__) Reported at constant FX 5,970, 5,949 5,893 016 2,824 2,891 2,552%647 2,697 2,682 Q120GQ2'20Q3'20Q4'20 Q1'
Slide 5: Good momentum in most franchises driven by live-ops and content
CONFERENCE CALL Q4 2024 Meo Good momentum in most of our franchises driven by strong live-ops and content initiatives Revenue by franchise, SEKm 1) Other smaller franchises | Strategy & Simulation HM Racing HM Word Games Sequential YoY development developmentat atzonstont ton ‘corrences I Tower Defe
Slide 6: Early scaling games represented 21% of revenues in Q4
CONFERENCE CALL @4 2024 Meo Early scaling games represented 21% of our revenues in Q4 and healthy pipeline of upcoming titles Soft launch and/or early phase scaling Upcoming projects | New tte | | New title [ 2) @ Forza |) NASCAR | Customs | | Manager Word Rol || vigsaw Tio Match [72 58% Cy ptogan)
Slide 7: Sequential DAU increases mainly driven by localized word games and new puzzle titles
CONFERENCE CALL @4 2024 Mo Sequential DAU increases mainly driven by localized word games + new puzzle titles Revenue streams User development — — IAP — Third party publication platforms (Other) — DAU — ARPDAU — IAA % millions SEK 65 7 61% 60% 61% 61% 62% 9 7.0 6.5 6.6 65 65 5.0 b 60% 4 ° 60% 64 6:
Slide 8: Improving traction in the marketing environment supports momentum into 2025
CONFERENCE CALL @4 2024 Mo Improving traction in the marketing environment in Q4 supports momentum going into 2025 UA spend development Comments — — 1) UA spend, SEKm + 40% of revenues invested in UA in Q4, up from Q3 and YoY + Highest UA levels in a quarter so far, with maintained ROAS discipline *
Slide 9: Record profits in Q4 with strong margins driven by scaled revenues
CONFERENCE CALL @4 2024 Mo Record profits in Q4 with strong margins driven by scaled revenues and efficient cost control Reported adj. EBITDA’, SEKm Reported adj. EBITDA', SEKm LTM Adj. EBITDA margin Adj. EBITDA — CAPEX margin Om 9 i a" @BS8B 2 % 903 775 796 182 694 698 583. 579 Q1'20Q2'20Q3'2004'20
Slide 10: Healthy cash flows, cash conversion of 71% and strong balance sheet
CONFERENCE CALL Q@4 2024 Healthy cash flows, cash conversion of 71% and strong balance sheet Group cash flow statement, SEKm Balance sheet, SEKbn — — Q424_LTM Q4’24 Cash flow from operations! 376 1,599 Taxes paid -151 -522 Changes in working capital 101 264 3.5 1.7 CAPEX -39 -98 Free cash flow 288 1
Slide 11: We deliver on guidance and end 2024 on a high note
CONFERENCE CALL @4 2024 Mo We deliver on guidance and end 2024 on a high note - exciting 2025 ahead of us with Plarium onboarding being a catalyst for future growth Conclusion and outlook HEROES * Very strong quarter with 9% organic growth driven by live-ops and in game events, localized word games
Slide 12: Q&A
Modern Times Group MTG — Q4 2024 Earnings Presentation on 6ix