Modern Times Group

International entertainment group.

Launch date

1987

Employees

Market cap

Enterprise valuation

$791m (Public information from Sep 2024)

Stockholms kommun Stockholm County (HQ)

http://www.mtg.com

https://twitter.com/mtgab https://www.facebook.com/MTGAB https://www.linkedin.com/company/modern-times-group-mtg/

Revenues, earnings & profits over time

SEK	2020	2021	2022	2023	2024	2025	2026
Revenues	4.0b	5.3b	5.5b	5.8b	6.0b	6.2b	6.6b
% growth	(6 %)	33 %	4 %	5 %	3 %	5 %	5 %
EBITDA	359m	566m	1.6b	1.5b	1.6b	1.7b	1.7b
% EBITDA margin	9 %	11 %	29 %	26 %	28 %	27 %	26 %
Profit	(228m)	(400m)	6.6b	386m	213m	644m	673m
% profit margin	(6 %)	(8 %)	119 %	7 %	4 %	10 %	10 %
EV / revenue	3.0x	2.3x	1.3x	1.3x	1.2x	1.0x	0.8x
EV / EBITDA	32.9x	21.3x	4.4x	5.1x	4.3x	3.7x	3.0x

Date	Investors	Amount	Round
Oct 2004	N/A	N/A	IPO
Jan 2019*	Nordea Bank	SEK1.0b	Post IPO Debt
Sep 2019*	Huya	$30.0m	Post IPO Equity
Jun 2024*	Nordea Bank Swedbank DNB	SEK1.0b	Post IPO Debt
Total Funding		-

Tech stackLearn more about the technologies and tools that this company uses.

ACQUISITION by Modern Times Group May 2017

ACQUISITION by Modern Times Group Jun 2018

ACQUISITION by Savvy Gaming Group Jan 2022

ACQUISITION by Azerion Oct 2019

ACQUISITION by Modern Times Group Mar 2021

Snowprint Studios

ACQUISITION by Modern Times Group Oct 2023

ACQUISITION by UTV-Management Sep 2015