Fractal Gaming Group AB (publ) (FRACTL) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hi everyone and welcome to today's presentation of Fractal Gaming Group's Q4 2025 report. During this call, we'll walk you through the key developments from the quarter and the year, covering our financial performance, market dynamics and the strategic progress that we have made. In summary, we closed 2025 with continued organic growth in the fourth quarter and a record year for Fractal. Measured in dollars, organic growth for the full year reached 25% while reported net sales in SIEC increased 16% to the highest level in the company's history. At the same time, we have operated in a challenging external environment with tariffs, currency movements, and increased volatility that has impacted our profitability to unsatisfactory levels, particularly in the second half of the year. We will therefore focus today not only on what we have delivered, but also on how we are managing these headwinds and how we are positioning Fractal for long-term profitable growth. As always, we look forward to answering your questions at the end of the call or in follow-up discussions later. Moving directly into the highlights of the fourth quarter, Q4 was characterized by a combination of continued underlying demand and challenging external environment with continued tariff effects and strong currency movements. Despite very strong comparables from Q4 2024, we delivered continued organic growth also in the last quarter of the year. Measured in dollars, the organic growth was 4.5%, reflecting stable and resilient demand across our markets. Reported net sales amounted to 187 million SEK, down 9 percentage points year on year. This decline is primarily explained by currency translation effects and tough comparables rather than weakening of underlying demand. Our expansion into new product cat...