M.O.B.A. Network AB (publ) (MOBA) Q4 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to this Q4 Q&A. We are here today with Anders Ribbing, the CEO of MOBA Network. But before we dive into the numbers, Anders, can you please give us a short introduction of MOBA Network? Sure. Mova Network, we operate a diverse portfolio of gaming community platforms, in-game apps, and a creator network with a vision to become the go-to destination for gamers and creators worldwide. We engage millions of users across many of the world's most popular games, and we monetize our business mainly through advertising, but also we're increasingly focused on adding subscriptions to the revenue mix. And you released your interim report this morning. Are you happy with the results? Yes, it's a strong quarter. We had organic growth. Revenues grew by 13%. Cash flow before changes in working capital improved to 10 million, up from three. Adjusted EBIT arrived at 20, up from 18. We continued our bond buybacks as well. We purchased bonds for 1.1 million euros. So we now own 20% of the outstanding nominal amount of our bonds. So yeah, I'm happy with the quarter, happy with the year. Very proud of the team and what we've achieved and looking forward to a really, really exciting 2025. Congrats on a good quarter. You mentioned in the CEO statement that you are reviewing your core holdings to optimize the business. Can you provide us with more details? Yeah, sure. It's about delivering great user experiences and valuable insights to gamers. Essentially, we're in the business of making gamers better. And it's also about focus. So strategically prioritizing how we invest our resources is really, really key, especially when we have a diversified portfolio with 25 websites, two in-game apps, and the YouTube creator network. So just doubling down on the assets where i...