Enad Global 7 AB (publ) (EG7) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

to EG7 second quarter earnings release. My name is Fredrik Rydén, Deputy CEO and CFO. And with me, I have the company CEO, Ji Ham. We will start this session with a presentation and end it with a Q&A. And I hand it over to you, Ji. Thanks, Fredrik. Thank you all. Good morning for joining us. We'll start with the key performance figures. Next slide, please. For the second quarter, net revenues came in at 379 million SEC with adjusted EBITDA of 38 million. Performance improved year over year. Net revenue grew by 7.4%. Currency movement has impacted our result pretty significantly this year. Without the FX effect, net revenue grew by 17.2%, and organic growth came in at 6.7% when you exclude FX as well as the contribution from Talia. Adjusted EBITDA grew by 12% year-over-year, and margin came in around 10%, a small increase from last year. Next slide, please. Paleo release was the main highlight for the period. A successful release on PlayStation 5 and Xbox on May 13 contributed 38 million SEC of net revenue for the second quarter, and that represents around 200% increase quarter to quarter. All the major KPIs saw significant increases, live-to-date downloads of over 8 million. and 215,000 peak daily active users representing more than three times the level before release, and 1.2 million peak monthly active users. For July, average daily revenue came in at three times the 30-day average before the update. The team has an exciting roadmap ahead with continuing build of the momentum for the game. We have Animal Husbandry feature releasing shortly in September, multiplayer co-op housing feature targeted for the first half of 2026. Content update will also see a more robust update going forward. Currently, monthly updates are going out, but we will be including larger quar...