Asmodee Group AB (publ) (ASMDEE_B) Q4 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to ASMODE Q4 Report 2024-25. During the questions and answers session, participants are able to ask questions by dialing pound key 5 on their telephone keypad. Now I will hand the conference over to CEO Thomas Kogler and CFO Andrea Gasparini. Please go ahead. Good morning, everybody. I'm excited to present us with this Q4 report, our second interim report following our listing on Nasdaq Stockholm earlier this year. It's great to be back in Stockholm today together with Andrea Gasparini, our CFO. I will start with an overview of some highlights from the full year and fourth quarter, after which Andrea will walk you through the financials. I'll then return with a few concluding remarks before we open up for questions. Fiscal year 24-25 was a year of strong growth, novelties and collaborations. From a financial perspective, we reached close to 1.4 billion euros in sales, corresponding to an organic growth of 7.7% above our expectations, as well as above our medium-term target. The adjusted EBITDA margin improved from 16.4% to 16.7%, and our cash conversion was very strong at 86%, in line with previous year, despite last year being already very strong. It was also a year of novelties with more than 150 new releases and several key releases building for the future, such as Duel for Middle-Earth, LEGO Monkey Palace, Azul Duel, or the Arkham Horror role-playing games, or even Forest Shuffle. In fiscal year 24-25, we continued our strong collaboration with distributed partners, notably on trading card games with the Pokemon Trading Card Game, Magic the Gathering, and One Piece Card Game, of which we were honored to release the first ever localized version in French this year. We also further leveraged our strong relationships with major IP owners, continuing our exte...