About MTG
Our Business
Investors
MTG has a strong balance sheet and had a SEK 3.3 billion net cash position as per 31 March 2024. The group’s strong cash flows ensure that MTG retains a high level of financial flexibility, and the new facility has been raised to support our operational and strategic needs if, and when, required. MTG generated SEK 911 million in free cash flow in 2023. The group has therefore not utilized its previous revolving credit facility since April 2022.
The lending banks for the revolving credit facility are DNB Bank ASA, Sweden Branch; Nordea Abp filial i Sverige and Swedbank AB (publ).
For more information:
Anton Gourman, VP Communications and IR
Direct: +46 73 661 8488, anton.gourman@mtg.com
About MTG
MTG (Modern Times Group MTG AB (publ)) (www.mtg.com) is an international mobile gaming group that owns and operates gaming studios with popular global IPs across a wide range of casual and mid-core genres. The group is focused on accelerating portfolio company growth and supporting founders and entrepreneurs. MTG is an active driver of gaming industry consolidation and a strategic acquirer of gaming companies around the world. We are born in Sweden but have an international culture and global footprint. Our shares are listed on Nasdaq Stockholm under the tickers MTGA and MTGB.
