Business Segments Modern Times Group MTG AB

Equities

Real-time Estimate Cboe Europe Other stock markets 07:51:59 2026-06-08 EDT			5-day change	1st Jan Change
129.85 ^SEK	-0.27%		-3.49%	+13.43%

06-04	MTG remains a buy for SHB on attractive valuation	FW
06-04	Global firms exploit India's IPO boom to take profits back to home countries	RE

Breakdown by Business Segment (SEK)

Fiscal Period: December	2021	2022	2023	2024	2025
Entertainment Software
Broadcasting	-	5.54B	5.83B	6.02B	11.58B
Total Assets	-	18.77B	17.5B	18.07B	19.29B
Interest Expense	-	-239M	-213M	-3M	-282M
Income Tax Expense	-	246M	397M	392M	484M
CAPEX	-	-234M	-212M	-98M	-198M
EBT	-	498M	561M	182M	421M
Gross Profit	-	4.01B	4.25B	4.46B	7.64B
D&A	-	671M	553M	540M	1.01B
Operating Income	-	558M	885M	901M	963M
Net Income	-	6.58B	164M	-210M	-62M
Gaming	3.93B	-	-	-	-
Total Assets	13.07B	-	-	-	-
CAPEX	-210M	-	-	-	-
EBITDA	1.2B	-	-	-	-
D&A	462M	-	-	-	-
Operating Income	640M	-	-	-	-
Gaming Operations
Esports	1.38B	-	-	-	-
Total Assets	3.08B	-	-	-	-
CAPEX	-42M	-	-	-	-
EBITDA	-195M	-	-	-	-
D&A	59M	-	-	-	-
Operating Income	-338M	-	-	-	-
MTGx	-	-	-	-	-
Total Assets	-	-	-	-	-
CAPEX	-	-	-	-	-
D&A	-	-	-	-	-
Operating Income	-	-	-	-	-
Entertainment Production Companies
MTG Studios	-	-	-	-	-
Total Assets	-	-	-	-	-
CAPEX	-	-	-	-	-
D&A	-	-	-	-	-
Operating Income	-	-	-	-	-
Television
International Entertainment	-	-	-	-	-
Total Assets	-	-	-	-	-
CAPEX	-	-	-	-	-
D&A	-	-	-	-	-
Operating Income	-	-	-	-	-
Cable And Other Pay Television
Nordic Entertainment	-	-	-	-	-
Total Assets	-	-	-	-	-
CAPEX	-	-	-	-	-
D&A	-	-	-	-	-
Operating Income	-	-	-	-	-
Eliminations	-15M	-	-	-	-
Total Assets	-37M	-	-	-	-
Total Assets	943M	-	-	-	-
Total Assets	-	-	-	-	-
Central Operation	15M	-	-	-	-
Total Assets	357M	-	-	-	-
CAPEX	-1M	-	-	-	-
EBITDA	-100M	-	-	-	-
D&A	3M	-	-	-	-
Operating Income	-118M	-	-	-	-
Total Assets	21M	-	-	-	-

Geographical breakdown of sales (SEK)

Fiscal Period: December	2021	2022	2023	2024	2025
Israel	-	-	-	-	5.38B
Total Assets	-	-	-	-	5.75B
Singapore	670M	1.98B	2.31B	2.33B	2.52B
Germany	2.72B	2B	1.95B	1.9B	1.82B
Total Assets	4.14B	2.67B	2.6B	2.62B	2.43B
Sweden	-	-	130M	648M	749M
Total Assets	-	-	641M	579M	526M
United Kingdom	665M	696M	618M	601M	678M
Total Assets	3.22B	3.19B	3.15B	3.24B	2.78B
New Zealand	301M	566M	582M	496M	407M
Total Assets	1.79B	1.9B	1.79B	1.78B	1.45B
India	7M	31M	38M	29M	18M
Total Assets	4.18B	4.18B	3.88B	3.96B	3.04B
Finland	-	-	-	-	-
Total Assets	-	-	-	-	-
USA	651M	262M	194M	13M	-
Total Assets	791M	809M	841M	-	-
Netherlands	-	-	-	-	-
Total Assets	-	-	-	-	-
Baltic Countries, The Czech Republic, Bulgaria	-	-	-	-	-
Total Assets	-	-	-	-	-
Bulgaria	-	-	-	-	-
Total Assets	-	-	-	-	-
Other Regions	103M	-	-	-	-
Total Assets	29M	1M	-	-	-
Rest of Europe	192M	-	-	-	-
Total Assets	296M	-	-	-	-
Denmark	-	-	-	-	-
Total Assets	-	-	-	-	-
Norway	-	-	-	-	-
Total Assets	-	-	-	-	-