Forecast Adjustment
Fable Media Group has updated its full-year forecast for 2024. The group now anticipates revenue in the range of SEK 92 to 96 million, with an EBITDA profit of SEK 65 to 69 million and an expected EBITDA margin of 70 to 72 percent.This represents a revision from the previous forecast, which projected revenue of SEK 97 to 105 million and an EBITDA profit of SEK 70 to 75 million, with an expected EBITDA margin of 70 to 74 percent. The adjusted forecast is primarily attributed to lower sportsbook margins, as reported by the industry during the second half of 2024. Additionally, Fable Media