Modern Times Group MTG AB Income Statement

Financials in millions SEK. Fiscal year is January - December.

Millions SEK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	10,149	6,015	5,829	5,537	3,931	3,997
Revenue Growth (YoY)	72.22%	3.19%	5.27%	40.86%	-1.65%	-5.78%
Cost of Revenue	3,354	1,554	1,577	1,523	1,567	1,751
Gross Profit	6,795	4,461	4,252	4,014	2,364	2,246
Selling, General & Admin	5,886	3,577	3,415	3,493	1,807	2,161
Other Operating Expenses	5	-4	-37	-12	-2	-13
Operating Expenses	5,891	3,573	3,378	3,481	1,805	2,148
Operating Income	904	888	874	533	559	98
Interest Expense	-178	-3	-1	-239	-161	-15
Interest & Investment Income	38	132	163	73	5	1
Earnings From Equity Investments	-	-	1	-	-1	1
Currency Exchange Gain (Loss)	-75	-84	69	341	-144	36
Other Non Operating Income (Expenses)	-121	-13	-6	-7	-36	24
EBT Excluding Unusual Items	568	920	1,100	701	222	145
Merger & Restructuring Charges	-	-	-	-	-52	-34
Gain (Loss) on Sale of Investments	-738	-738	-540	20	109	2
Gain (Loss) on Sale of Assets	-	-	1	-	-	-
Asset Writedown	-	-	-	-	-	-18
Other Unusual Items	449	-	-	-224	-322	-14
Pretax Income	279	182	561	497	-43	81
Income Tax Expense	478	392	397	246	204	177
Earnings From Continuing Operations	-199	-210	164	251	-247	-96
Earnings From Discontinued Operations	-	-	-	6,223	-207	-
Net Income to Company	-199	-210	164	6,474	-454	-96
Minority Interest in Earnings	-	-	-	105	54	-132
Net Income	-199	-210	164	6,579	-400	-228
Net Income to Common	-199	-210	164	6,579	-400	-228
Net Income Growth	-	-	-97.51%	-	-	-
Shares Outstanding (Basic)	118	121	123	117	104	67
Shares Outstanding (Diluted)	118	121	124	117	104	67
Shares Change (YoY)	-3.15%	-2.08%	5.42%	12.90%	54.35%	0.09%
EPS (Basic)	-1.69	-1.74	1.33	56.25	-3.85	-3.39
EPS (Diluted)	-1.70	-1.74	1.32	55.72	-3.85	-3.39
EPS Growth	-	-	-97.63%	-	-	-
Free Cash Flow	1,006	1,242	1,046	9,093	54	62
Free Cash Flow Per Share	8.54	10.25	8.46	77.48	0.52	0.92
Gross Margin	66.95%	74.17%	72.95%	72.49%	60.14%	56.19%
Operating Margin	8.91%	14.76%	14.99%	9.63%	14.22%	2.45%
Profit Margin	-1.96%	-3.49%	2.81%	118.82%	-10.18%	-5.70%
Free Cash Flow Margin	9.91%	20.65%	17.95%	164.22%	1.37%	1.55%
EBITDA	2,051	1,428	1,361	1,169	991	306
EBITDA Margin	20.21%	23.74%	23.35%	21.11%	25.21%	7.66%
D&A For EBITDA	1,147	540	487	636	432	208
EBIT	904	888	874	533	559	98
EBIT Margin	8.91%	14.76%	14.99%	9.63%	14.22%	2.45%
Effective Tax Rate	171.33%	215.38%	70.77%	49.50%	-	218.52%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.