Sweden · Delayed Price · Currency is SEK MAG Interactive AB Earnings Call Transcripts
Fiscal Year 2026
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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.