MTG returns to organic growth, delivers record profitability and increases margin outlook for 2023
We are well on track to deliver on our full-year revenue outlook. Q3 revenues were up 6% year over year to SEK 1,494 million. Sales were up 1% year over year and up 2% from Q2 in constant currencies. Total user acquisition (UA) spend amounted to 37% of revenues in Q3. The group delivered record-breaking quarterly adjusted EBITDA of SEK 449 million in Q3, with a strong margin of 30%. We are increasing the outlook for our full-year adjusted EBITDA margin on the back of this strong performance and now expect the margin to be between 25% and 27% for the year. We are also very excited about our