Modern Times Group MTG AB (publ), through its subsidiaries, operates as a digital entertainment company in the United States, the United Kingdom, Germany, rest of Europe, Singapore, India, New Zealand, and internationally. It operates through Esport and Gaming segments. The Esport segment operates national and international tournaments, as well as grassroots amateur cups, leagues, and festivals; and engages in the gaming technology, event management, advertising, and TV production business. This segment offers its products under the ESL and Dreamhack brands. The Gaming segment develops and publishes mobile and online games under the InnoGames and Kongregate names. The company was founded in 1987 and is headquartered in Stockholm, Sweden.
Revenue of Modern Times Group MTG AB (publ) (MTG-B.ST)
Revenue in 2023 (TTM): $552.05 M
According to Modern Times Group MTG AB (publ)'s latest financial reports the company's current revenue (TTM) is $552.05 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Modern Times Group MTG AB (publ)
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $552.05 M | $402.7 M | $135.62 M | $53.13 M | $15.53 M |
| 2022 | $524.4 M | $380.16 M | $153.14 M | $47.16 M | $23.87 M |
| 2021 | $502.52 M | $244.63 M | $53.6 M | $-25,002,852 | $-43,092,037 |
| 2020 | $378.55 M | $210.25 M | $34 M | $7.67 M | $-9,091,946 |
| 2019 | $401.75 M | $184.59 M | $4.83 M | $-41,197,882 | $-43,376,160 |
| 2018 | $1.87 B | $707.28 M | $190.46 M | $145.09 M | $98.31 M |
| 2017 | $1.66 B | $621.85 M | $153.14 M | $81.35 M | $118.38 M |
| 2016 | $1.64 B | $572.32 M | $152.38 M | $119.9 M | $-20,172,756 |
| 2015 | $1.54 B | $521.93 M | $106.74 M | $68.85 M | $20.27 M |
| 2014 | $1.49 B | $559.82 M | $198.79 M | $156.46 M | $107.87 M |
| 2013 | $1.34 B | $531.31 M | $207.6 M | $163.47 M | $103.42 M |
| 2012 | $1.26 B | $515.02 M | $217.73 M | $192.64 M | $144.52 M |
| 2011 | $1.28 B | $444.46 M | $-55,309,340 | $-68,852,552 | $-122,078,321 |
| 2010 | $1.24 B | $492.39 M | $233.45 M | $219.82 M | $335.36 M |
| 2009 | $1.34 B | $486.99 M | $202.67 M | $-153,900,133 | $-190,173,210 |
| 2008 | $1.25 B | $508.01 M | $-334,034,319 | $-341,895,064 | $277.21 M |
| 2007 | $1.08 B | $422.78 M | $210.35 M | $190.93 M | $129.09 M |
| 2006 | $959.96 M | $400.42 M | $197.37 M | $190.93 M | $136.1 M |
| 2005 | $758.79 M | $304.5 M | $125.81 M | $141.64 M | $111.78 M |
| 2004 | $644.48 M | $223.06 M | $87.09 M | $96.99 M | $70.61 M |
| 2003 | $597.73 M | $224.36 M | $41.36 M | $35.53 M | $27.4 M |
| 2002 | $570.44 M | $197.33 M | $8.24 M | $2.69 M | $-6,307,538 |