Sweden · Delayed Price · Currency is SEK MAG Interactive AB Earnings Call Transcripts
Fiscal Year 2026
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Revenue grew 9% in USD and ARPDAU rose 24% year-over-year, driven by Crozzle and platform optimizations. Cash increased to SEK 85 million, with continued investment in UA and platform development to support future growth. Key games migrated to the new platform, enabling faster feature rollout.
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Organic growth reached 16% in USD, led by QuizDuel's record revenue and Crozzle's global rollout. ARPDAU hit historic highs, while cost controls and cash reserves position the business for future growth and product expansion.
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Organic revenue grew 18% in USD, with record ARPDAU and a standout performance from QuizDuel. Crozzle faced UA-driven volatility but is expanding in Europe, while overall portfolio stability was maintained despite currency headwinds.
Fiscal Year 2025
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Crozzle drove a 31% year-over-year net sales increase and 46% ARPDAU growth, becoming the portfolio's second largest game. Continued investment in UA and new game launches are expected to drive future revenue, with a focus on scaling globally and improving profit margins.
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Q3 saw a 14% ARPDAU increase and rapid scaling of Crosshair, now the third largest game. Net sales fell 10% year-over-year, but organic USD sales rose 1%. Focus is on scaling Crosshair, launching new games, and maintaining a hybrid monetization model.
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Q2 saw strong December revenues, Crozzle's official launch with top ARPDA, and stable EBITDA margins. Net sales declined 5% year-over-year, but user acquisition spend rose 50%, and the portfolio remains stable with three growth games.
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Revenue grew 4% sequentially, reversing prior declines, with increased UA spend driving growth in QuizDuel and promising early results from Crozzle. The Primetime divestment is set to improve EBIT, and a SEK 1 per share dividend is proposed.
Fiscal Year 2024
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Q4 revenue dip was milder than usual due to strong updates in QuizDuel and Wordzee, supporting stable profitability. Crozzle remains in soft launch, with a gradual global rollout planned, while UA spend and M&A remain key focus areas.
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Crozzle's soft launch shows strong early metrics, while core games maintain momentum and profitability. Net sales and EBITDA are down year-over-year but stable sequentially, with a robust cash position supporting future growth and M&A.