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Modern Times Group MTG AB invests in esports, mobile games and other digital entertainment. The group’s companies offer a wide range of games available to audiences all over the world. MTG’s portfolio of IP spans across both the casual and mid-core segments of the gaming market. A vast majority of games are available to consumers on a free-to-play basis, and the group primarily generates revenues from in-app purchases and in-app advertising. The Group operates in Europe, Singapore, USA, India and New Zealand.
1987
1.0K+
LTM Revenue $774M
LTM EBITDA $202M
$964M
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
Modern Times Group has a last 12-month revenue of $774M and a last 12-month EBITDA of $202M.
In the most recent fiscal year, Modern Times Group achieved revenue of $597M and an EBITDA of $75.5M.
Modern Times Group expects next 12-month revenue of XXX and NTM EBITDA of XXX
See Modern Times Group valuation multiples based on analyst estimates| FY 2023 | FY 2024 | FY 2025 | LTM | NTM | |
|---|---|---|---|---|---|
| Revenue | $579M | $597M | XXX | XXX | XXX |
| Gross Profit | $399M | $422M | XXX | XXX | XXX |
| Gross Margin | 69% | 71% | XXX | XXX | XXX |
| EBITDA | $132M | $75.5M | XXX | XXX | XXX |
| EBITDA Margin | 23% | 13% | XXX | XXX | XXX |
| Net Profit | $653M | $16.3M | XXX | XXX | XXX |
| Net Margin | 113% | 3% | XXX | XXX | XXX |
| Net Debt | n/a | n/a | XXX | XXX | XXX |
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As of April 15, 2025, Modern Times Group's stock price is SEK 112 (or $11).
Modern Times Group has current market cap of SEK 13.1B (or $1.3B), and EV of SEK 9.7B (or $964M).
See Modern Times Group trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $964M | $1.3B | XXX | XXX | XXX | XXX | $0.71 |
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Sign UpAs of April 15, 2025, Modern Times Group has market cap of $1.3B and EV of $964M.
Modern Times Group's trades at 1.2x LTM EV/Revenue multiple, and 4.8x LTM EBITDA.
Analysts estimate Modern Times Group's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for Modern Times Group and 10K+ public comps| FY 2024 | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|
| EV | $964M | XXX | XXX | XXX |
| EV/Revenue | 1.6x | XXX | XXX | XXX |
| EV/EBITDA | 12.8x | XXX | XXX | XXX |
| P/E | -62.4x | XXX | XXX | XXX |
| P/E/Growth | n/a | XXX | XXX | XXX |
| EV/FCF | 7.2x | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Sign UpModern Times Group's NTM/LTM revenue growth is 59%
Modern Times Group's revenue per employee for the last fiscal year averaged $0.6M, while opex per employee averaged $0.3M for the same period.
Over next 12 months, Modern Times Group's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .
Analysts estimate Modern Times Group's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for Modern Times Group and other 10K+ public comps| FY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|---|
| Revenue Growth | 3% | XXX | XXX | XXX | XXX |
| EBITDA Margin | 13% | XXX | XXX | XXX | XXX |
| EBITDA Growth | -43% | XXX | XXX | XXX | XXX |
| Rule of 40 (SaaS-only) | 72% | XXX | XXX | XXX | XXX |
| Revenue per Employee | $0.6M | XXX | XXX | XXX | XXX |
| Opex per Employee | $0.3M | XXX | XXX | XXX | XXX |
| S&M Expenses to Revenue | 38% | XXX | XXX | XXX | XXX |
| G&A Expenses to Revenue | 21% | XXX | XXX | XXX | XXX |
| R&D Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| Opex to Revenue | 59% | XXX | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| Azerion Group | XXX | XXX | XXX | XXX | XXX | XXX |
| PlaySide Studios | XXX | XXX | XXX | XXX | XXX | XXX |
| OnMobile | XXX | XXX | XXX | XXX | XXX | XXX |
| Nazara Technologies | XXX | XXX | XXX | XXX | XXX | XXX |
| Trophy Games | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Modern Times Group acquired XXX companies to date.
Last acquisition by Modern Times Group was XXXXXXXX, XXXXX XXXXX XXXXXX . Modern Times Group acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
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Sign Up| When was Modern Times Group founded? | Modern Times Group was founded in 1987. |
| Where is Modern Times Group headquartered? | Modern Times Group is headquartered in Sweden. |
| How many employees does Modern Times Group have? | As of today, Modern Times Group has 1.0K+ employees. |
| Who is the CEO of Modern Times Group? | Modern Times Group's CEO is Ms. Maria Redin. |
| Is Modern Times Group publicy listed? | Yes, Modern Times Group is a public company listed on STO. |
| What is the stock symbol of Modern Times Group? | Modern Times Group trades under MTG A ticker. |
| When did Modern Times Group go public? | Modern Times Group went public in 1999. |
| Who are competitors of Modern Times Group? | Similar companies to Modern Times Group include e.g. Azerion Group, PlaySide Studios, OnMobile, Nazara Technologies. |
| What is the current market cap of Modern Times Group? | Modern Times Group's current market cap is $1.3B |
| What is the current revenue of Modern Times Group? | Modern Times Group's last 12-month revenue is $774M. |
| What is the current EBITDA of Modern Times Group? | Modern Times Group's last 12-month EBITDA is $202M. |
| What is the current EV/Revenue multiple of Modern Times Group? | Current revenue multiple of Modern Times Group is 1.2x. |
| What is the current EV/EBITDA multiple of Modern Times Group? | Current EBITDA multiple of Modern Times Group is 4.8x. |
| What is the current revenue growth of Modern Times Group? | Modern Times Group revenue growth between 2023 and 2024 was 3%. |
| Is Modern Times Group profitable? | Yes, Modern Times Group is EBITDA-positive (as of the last 12 months). |
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