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  • MTG
    Skeppsbron 18, 111 30 Stockholm
    +46 (0) 8 562 000 50
    http://www.mtg.se

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    Hutch is a fantastic company led by a very experienced and talented leadership team. We are pleased to now formally and fully welcome them to our group, and specifically to our recently formed new GamingCo. We are eager to support them in the next chapter of their growth journey, which starts now.
    Maria Redin, Group President and CEO, MTG
    Hutch is a true front-runner, responsible for some of the most successful titles in the fast-growing mobile racing category and spearheaded by an exceptionally strong and highly-experienced team. We are thrilled to welcome Hutch to MTG, both as a stellar company in its own right, and as the first investment made by our new gaming holding company.
    Maria Redin, Group President and CEO, MTG.
    Through the creation of a new joint gaming group together with InnoGames' founders, InnoGames’ best-in-class expertise in user acquisition, live operations and business intelligence strategies can now benefit all of MTG’s gaming vertical companies, as well as future new acquisitions.
    MTG’s CEO and Group President, Maria Redin
    We are pleased to see this agreement which further establishes the ESL Pro Tour as the leading esports circuit format globally. This serves as yet another example of ESL’s and DreamHack’s shared ambition to build and commercially professionalize the global business of esports.
    Jørgen Madsen Lindemann, President and CEO of MTG.
    “We are excited to announce this term sheet for an important strategic partnership which provides us with a strong partner in Huya to pave the way for a successful ESL expansion into the thriving Chinese esport and gaming market in due time,”
    MTG President and CEO Jørgen Madsen Lindemann.
    President and CEO Jørgen Madsen Lindemann
    “As we conclude and report the second quarter in 2019 we see strong improvements in both our esport and gaming verticals. We deliver a record high adjusted EBITDA margin of 29 percent, and we continue to be one of the most active VC players in the landscape through our VC fund, with three new investments made in the quarter,”
    “Bit Heroes has potential, and we look forward to see Kongregate bring the game to massive new audiences in Asia. As owners of Kongregate we’re proud to see yet another strong example of their proven and established acquisition model; prove out an innovative game concept on web or PC, scale the game through direct publishing, then reward the game creators with an investment or, in this case, an acquisition,”
    Jørgen Madsen Lindemann, President and CEO MTG.
    “Gaming and esport is the future of entertainment, and we are excited to invest in what we believe are seven of the most promising early stage startups with excellent teams, products and ideas”
    Jørgen Madsen Lindemann, President and CEO of MTG.
    “We are already seeing attractive valuation upticks based on latest financing rounds in our investments, such as Phoenix Labs, AppOnboard and the BITKRAFT seed fund. Deal flow and value creation opportunities continue to improve now that we have established MTG as a leading games & esports VC in the West”, says
    Arnd Benninghoff, EVP esports and games at MTG
    Our performance during 2015 clearly demonstrates that the transformation is working. Our products have never been stronger and we aim to grow both our sales and profits in 2016
    Jørgen Madsen Lindemann, President & Chief Executive Officer
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    MTG reports record Q1 with 14% pro forma growth and 25% adjusted EBITDA margin

    Financial highlights Q1 · Net sales up 24% YoY to SEK 3,159 (2,557) million and up 37% in constant currencies · Pro forma[1] sales up 14% YoY and organic sales up 12% YoY · Group total UA spend of SEK 1,199 (959) million, or 38% (38%) of total revenues, up 17% on a pro forma basis · Adjusted EBITDA up by 30% YoY to SEK 802 (616) million, with adjusted EBITDA margin of 25% (24%) · Adjustments of SEK -49 (-21) million for M&A transaction costs, revaluation of put/call options and other adjustments · Reported EBITDA of SEK 754 (594) million and EBIT of SEK 371 (290)

    All time high revenues and adjusted EBITDA underscore strong finish to the year with 8% organic growth for Q4 and 9% for 2025

    We delivered a great end to a transformative 2025, reporting 8% organic year over year growth in Q4 and 9% for the full year, at the top end of our updated full year guidance. Total revenues were up by 108% and 107% year over year in constant currencies for the two respective periods. We saw opportunities to continue scaling user acquisition (UA) at attractive return levels in Q4, driving strong performance and continued momentum in our portfolio, in particular in our Word Games and Racing franchises, as well as RAID: Shadow Legends. Total UA spend in our original studios was up 25% year over

    Exceptional 15% organic growth in Q3 with 23% adjusted EBITDA margin and on track to deliver on full-year outlook

    We delivered accelerated organic growth of 15% year over year in Q3 and 10% for the first nine months (9M) of 2025 with total revenues up 126% and 107% year over year in constant currencies for the two respective periods. Our organic growth in Q3 was driven by a very active and successful schedule of in-game content and events. RAID: Shadow Legends also had a very strong quarter of high single-digit growth. User acquisition spend (UA) in our original studios was up by 37% year over year in constant currencies in Q3 and 38% for the 9M period, as we continued to scale new games and drive

    New date for 2022 Annual General Meeting

    STOCKHOLM —Modern Times Group MTG AB (publ) (“MTG”) today announced that Wednesday June 8, 2022 has been set as the new date for its 2022 Annual General Meeting.The Board of MTG has resolved to move MTG’s 2022 Annual General Meeting from May 24, 2022 to June 8, 2022. Additionally, in order for the 2022 Annual General Meeting to be conducted in a manner that limits the risk of spreading Covid-19, the Board has decided that the Annual General Meeting should be conducted only through postal voting in accordance with temporary legislation. The Annual General Meeting will be convened no later

    MTG publishes Q3 July-September 2021 interim financial results report

    STOCKHOLM — Modern Times Group MTG AB (publ) (“MTG”) today publishes its third quarter 2021 interim financial results report which following successful strategy execution delivers a 16 percent pro forma net sales growth for the group. MTG’s gaming vertical delivered a record quarter driven by the inclusion of the newly acquired companies Hutch, Ninja Kiwi and PlaySimple, with net sales amounting to SEK 1,081 million and a year-over-year growth of 59 percent. On the back of a robust event schedule MTG’s esports vertical reports net sales amounting to SEK 357 million resulting in a year-over-

    MTG’s Capital Markets Day re-scheduled to Q1 2022

    STOCKHOLM — Modern Times Group MTG AB (MTG) today announces that it is re-scheduling its previously announced Capital Markets Day and intends to hold it as early as possible in Q1 2022.The previously announced MTG Capital Markets Day was originally scheduled to take place in Stockholm, Sweden on December 7th, 2021. The new date of MTG’s Capital Markets Day will be announced in due course, well in advance of the event itself, along with information regarding location, registration, and attendance.

    Nomination Committee ahead of 2022 Annual General Meeting

    STOCKHOLM, October 1st, 2021 — Modern Times Group MTG AB (MTG) today announces its Nomination Committee convened ahead of the 2022 Annual General Meeting.In accordance with the resolution by the Annual General Meeting of MTG shareholders regarding the procedure for the Nomination Committee, a Nomination Committee has been convened to prepare proposals for the 2022 Annual General Meeting. The Nomination Committee comprises Klaus Roehrig, appointed by Active Ownership Corporation; Joachim Spetz, appointed by Swedbank Robur Fonder; Eric Sibbern, appointed by Kabouter Management, LLC and

    Increased number of shares and votes in Modern Times Group MTG AB (publ.)

    STOCKHOLM, August 31, 2021 – Modern Times Group MTG AB (publ.) (MTG) today announces an increase in number of shares and votes in the company.As of today, 31 August 2021, the total number of shares and votes in MTG is 117,015,055 shares and 121,926,013 votes. The total number of shares is divided among 545,662 class A shares, 110,145,050 class B shares and 6,324,343 class C shares. The number of shares and votes has increased during August as a result of the issue of 6,194,343 class C shares which was resolved on by the extraordinary general meeting on 28 July 2021. MTG holds 304,880

    MTG completes the first step of the acquisition of word games developer PlaySimple

    STOCKHOLM, July 30, 2021 — Modern Times Group MTG AB (publ) (“MTG”) has completed the first step in the acquisition of the shares in word games developer PlaySimple, which was announced through a press release on 2 July 2021, and has acquired 77% of the shares in PlaySimple.Due to Indian foreign exchange regulations, the acquisition is carried out in two steps. MTG has now completed the first step and has acquired 77 % of the shares in PlaySimple against a consideration of approximately SEK 2,388 million (USD 277 million). The intention is to pay the remaining 23 % of the shares in

    Resolutions at the extraordinary general meeting of MTG

    STOCKHOLM, July 28, 2021 — The extraordinary general meeting (the "EGM") of Modern Times Group MTG AB (publ) ("MTG") that was held today resolved on, among other things, a directed issue of class C shares, transfer of class B shares to the sellers of Playsimple Games Private Limited ("PGPL") as well as transfer of class B shares through an accelerated bookbuilding procedure.Resolution on a directed issue of class C shares and acquisition of own class C sharesThe EGM resolved, in accordance with the board of directors' proposals, on: · An issue of a maximum of 6,194,343 class C shares,

    Save the date for MTG’s Capital Markets Day on December 7, 2021

    STOCKHOLM, July 20, 2021 — Modern Times Group MTG AB (MTG) invites analysts, investors, and members of the media to its Capital Markets Day which will be held on December 7, 2021, in Stockholm, Sweden.The Capital Markets Day is scheduled as a physical event with all necessary health and safety precautions taken in light of the ongoing Coronavirus pandemic. When: Tuesday, December 7, 2021 Where: Stockholm, Sweden. Hotel At Six, Brunkebergstorg 6. For directions, please see this link  The Capital Markets Day event will also be streamed live digitally

    MTG publishes Q2 April-June 2021 interim financial results report

    STOCKHOLM, July 20, 2021 — Modern Times Group MTG AB (publ) (“MTG”) today publishes its second quarter 2021 interim financial results report. MTG’s gaming vertical delivered a solid quarter driven by the inclusion of Ninja Kiwi and Hutch. The esports vertical - in parallel with its accelerated investments ahead of an expected normalized 2022 – reported a return to positive revenue growth driven by O&O and ESS development. Net sales for the Group increased by 15 percent at constant currenciesMTG’s Group President and CEO Maria Redin states in her CEO letter: “Our work to further diversify

    Q2 2021 April-June results conference call invitation

    STOCKHOLM, July 13, 2021 — Modern Times Group MTG AB (“MTG”) (publ) will publish its Q2 2021 financial results at 14.00 CEST on Tuesday July 20.MTG will host a conference call at 15.00 CEST on the same day, with Group President and CEO Maria Redin and CFO Lars Torstensson participating. To participate, please dial in using details below: Sweden, Stockholm +46 (0) 856 618 467United Kingdom +44 (0) 844 481 9752United States, New York +1 646 741 3167Std International Dial-In: +44 (0) 2071 928338 Confirmation Code: 404 31 77 Participation is also

    Notice of Extraordinary General Meeting

    STOCKHOLM, July 2, 2021 – The shareholders of Modern Times Group MTG AB (publ), 556309-9158, are hereby invited to an extraordinary general meeting on 28 July 2021In order to prevent the spread of the coronavirus infection (covid-19), the board of directors has decided that the extraordinary general meeting shall be held without physical presence of shareholders, proxies or external parties and that the shareholders shall exercise their voting rights by post. PARTICIPATION AT THE EXTRAORDINARY GENERAL MEETING Shareholders who wish to participate in the extraordinary general meeting

    MTG acquires leading word games developer PlaySimple and discloses pro forma figures for its gaming vertical

    STOCKHOLM, July 2, 2021 – Modern Times Group MTG AB (publ) (“MTG”) today announces the acquisition of 100 % of PlaySimple, a leading word games developer from India. PlaySimple is a rapidly growing, highly profitable business and one of the global leaders in the attractive mobile word games genre. The up-front consideration amounts to approximately SEK 3,090 million (on a cash and debt free basis) and performance based earn-out payments amount to an expected value of SEK 1,287 million in aggregate. Since December 2020, MTG has with the acquisitions of Hutch, Ninja Kiwi and now PlaySimple

    MTG completes the acquisition of Ninja Kiwi, the leading tower defense gaming studio and publisher and maker of Bloons

    STOCKHOLM, June 1, 2021 — Modern Times Group MTG AB (publ) (“MTG”) has completed the acquisition of 100 percent of the shares in leading tower defense gaming studio and publisher Ninja Kiwi Limited (“Ninja Kiwi”), which was announced through a press release on 24 March 2021.Since the announcement of the acquisition, Ninja Kiwi has continued to deliver on its strategy, resulting in continued strong performance from the company. In March 2021, Ninja Kiwi’s title Bloons TD 6 crossed the threshold of SEK 603 million (NZD 100 million) lifetime revenue. With its new game Bloons Pop due for

    MTG publishes Q1 January-March 2021 interim financial results report

    STOCKHOLM, April 29, 2021 — Modern Times Group MTG AB (publ) (“MTG”) today publishes its Q1 2021 interim financial results report.MTG’s Group President and CEO Maria Redin states in her CEO letter: “The first quarter results were mixed, reflecting the continuing impact of the pandemic on our two verticals. While gaming performed well, exhibiting increased user engagement with our expanding portfolio of titles, esports continued to be impacted by the postponed return of live audience events. Short term visibility remains low, reflected in our adjusted tournament schedule. As a consequence,

    ESL Gaming and Intel® announces prolongation of brand partnership, celebrating 20 years of esports collaboration

    STOCKHOLM, April 28, 2021 — Modern Times Group MTG AB’s (“MTG”) (publ) ESL Gaming has today announced the renewal of its long-standing partnership with Intel® in what is the biggest brand partnership deal in esports history to date.The extension will see continued delivery of technology solutions that will power all of ESL Gaming’s pro-level tournaments and events. It will also break new ground for Intel and ESL, with the partnership now expanding to include DreamHack Open and DreamHack Festivals for the first time.  “We're very pleased and proud to announce this show of faith and

    Notice to MTG's 2021 Annual General Meeting

    The shareholders of Modern Times Group MTG AB (publ) are hereby given notice to the Annual General Meeting on Tuesday 18 May 2021. Due to the continuing coronavirus pandemic, the Board has decided that the Annual General Meeting should be conducted only through postal voting in accordance with temporary legislation. It will not be possible for shareholders to attend the Annual General Meeting in person or by way of a proxy holder. Information on the resolutions adopted by the Annual General Meeting will be disclosed on 18 May 2021, as soon as the outcome of the postal voting has been

    MTG publishes 2020 Annual and Corporate Responsibility Report

    STOCKHOLM, April 13, 2021 — Modern Times Group MTG AB (“MTG”) (publ) has today published its Annual and Corporate Responsibility report for 2020.The Annual and Corporate Responsibility report – this year published as a combined report with an integrated approach – is available in both English and Swedish. The report is attached to this press release and is also available to read and download on mtg.com in both languages. Shareholders or other interested parties can order a printed copy by sending an e-mail with full name and address to martin.unger@mtg.com – please also specify which

    Q1 2021 January-March results conference call invitation

    STOCKHOLM, April 9, 2021 — Modern Times Group MTG AB (“MTG”) (publ) will publish its Q1 2021 financial results at 14.00 CEST on Thursday April 29[th].MTG will host a conference call at 15.00 CEST on the same day, with Group President & CEO Maria Redin and CFO Lars Torstensson participating. To participate, please dial in using details below: Sweden, Stockholm.............. +46 (0) 856 618 467UK, London............................ +44 (0) 844 481 9752US, New York......................... +1 646 741 3167Std International Dial-In:..... +44 (0) 2071 928338

    Increased number of shares and votes in Modern Times Group MTG AB (publ)

    STOCKHOLM, 31 March 2021 – Modern Times Group MTG AB (publ) ("MTG") announces the increased number of shares and votes in the company.As of today, 31 March 2021, the total number of shares and votes in MTG is 106,384,776 shares and 111,295,734 votes. The total number of shares is divided among 545,662 class A shares, 105,709,114 class B shares and 130,000 class C shares. Each class A share entitles to ten votes, and each class B share and class C share, respectively, entitles to one vote, at general meetings of the company. The number of shares and votes has increased during March as a

    Increased number of shares and votes in Modern Times Group MTG AB (publ)

    STOCKHOLM, 26 February 2021 – Modern Times Group MTG AB (publ) ("MTG") announces an increased number of shares and votes in the company.MTG announces that as of today, 26 February 2021, the total number of shares and votes in the company is 96,595,252 shares and 101,506,210 votes. The total number of shares is divided among 545,662 class A shares and 96,049,590 class B shares. Each class A share entitles to ten votes, and each class B share entitles to one vote, at general meetings of the company. The number of shares and votes has increased during February as a result of MTG's rights

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