Modern Times Group MTG Overview

  • Year Founded
  • 1987

Year Founded

  • Status
  • Public

  • Employees
  • 1,042

Employees

  • Stock Symbol
  • MTG A

Stock Symbol

  • Investments
  • 66

  • Share Price
  • $8.08
  • (As of Wednesday Closing)

Modern Times Group MTG General Information

Description

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.

Contact Information

Website
www.mtg.com
Ownership Status
Publicly Held
Financing Status
Formerly PE-Backed
Primary Industry
Holding Companies
Other Industries
Entertainment Software
Stock Exchange
STO
Corporate Office
  • Skeppsbron 18
  • Box 2094
  • 111 30 Stockholm
  • Sweden
+46 08-562 000 00

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Modern Times Group MTG Stock Performance

(As of Wednesday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$8.08 $8.08 $5.57 - $8.74 $977M 122M 688.98 $0.13

Modern Times Group MTG Financials Summary

In Thousands,
USD
TTM 31-Dec-2023 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 730,377 730,377 695,127 1,550,836
Revenue 548,400 548,400 545,794 457,739
EBITDA 109,511 109,511 131,594 75,572
Net Income 15,429 15,429 648,506 (46,577)
Total Assets 1,751,161 1,751,161 1,799,114 1,926,670
Total Debt 70,843 70,843 74,100 305,863
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Modern Times Group MTG Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Modern Times Group MTG Executive Team (22)

Name Title Board Seat Contact Info
Maria Redin President & Chief Executive Officer
Nils Mösko Chief Financial Officer
Christian Pern Chief Marketing Officer
Oliver Bulloss Chief Product Officer
Arnd Benninghoff Executive Vice President Esports & Gaming
You’re viewing 5 of 22 executive team members. Get the full list »

Modern Times Group MTG Board Members (5)

Name Representing Role Since
00000000 000 Self Non-Executive Director and Chair of the Audit Committee 000 0000
You’re viewing 1 of 5 board members. Get the full list »

Modern Times Group MTG Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Modern Times Group MTG Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Modern Times Group MTG Investments & Acquisitions (66)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Snowprint Studios 05-Oct-2023 0000000000 Entertainment Software 00000 000
Joyride Games 18-Mar-2022 00000 0000 0000 Entertainment Software
Dorian 17-Mar-2022 00000 0000 0000 Entertainment Software
Legendary Play 01-Aug-2021 00000 0000 000 Entertainment Software 00000 000
PlaySimple 30-Jul-2021 Merger/Acquisition 00000 Entertainment Software 00000 000
You’re viewing 5 of 66 investments and acquisitions. Get the full list »

Modern Times Group MTG Subsidiaries (12)

Company Name Industry Location Founded
Snowprint Studios Entertainment Software Stockholm, Sweden 2015
PlaySimple Entertainment Software Bengaluru, India 0000
Mtgx Mediafactory Accelerator/Incubator Stockholm, Sweden 0000
MTGx Accelerator/Incubator Stockholm, Sweden 0000
Hutch (Entertainment Software) Entertainment Software London, United Kingdom 0000
You’re viewing 5 of 12 subsidiaries. Get the full list »

Modern Times Group MTG ESG

Risk Overview

Risk Rating

Updated December, 13, 2023

16.52 | Low Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

00.00

Management

Management is related to actions taken to manage ESG issues

00.00

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

00 of 16,173

Rank

00.00

Percentile

Software & Services

Industry

00 of 1,101

Rank

00.00

Percentile

Entertainment Software

Subindustry

00 of 65

Rank

00.00

Percentile

To view Modern Times Group MTG’s complete esg history, request access »

Modern Times Group MTG Exits (30)

Company Name Exit Date Exit Type Exit Size Status Buyers
ESL FaceIt Group 30-Sep-2020 000000000 Completed
  • 000000 00000 00000
Koji 30-Jun-2020 00000 00000 00 0000 Completed
  • 10 buyers
Sviper 28-Feb-2019 00000 00000 00 00.00 Completed
  • 4 buyers
Tonk Tonk 19-Feb-2019 0000 00000 000 Completed
  • 2 buyers
Phoenix Labs 22-Oct-2018 Later Stage VC Completed
  • 7 buyers
You’re viewing 5 of 30 exits. Get the full list »

Modern Times Group MTG FAQs

  • When was Modern Times Group MTG founded?

    Modern Times Group MTG was founded in 1987.

  • Who is the founder of Modern Times Group MTG?

    Jan Stenbeck is the founder of Modern Times Group MTG.

  • Who is the CEO of Modern Times Group MTG?

    Maria Redin is the CEO of Modern Times Group MTG.

  • Where is Modern Times Group MTG headquartered?

    Modern Times Group MTG is headquartered in Stockholm, Sweden.

  • What is the size of Modern Times Group MTG?

    Modern Times Group MTG has 1,042 total employees.

  • What industry is Modern Times Group MTG in?

    Modern Times Group MTG’s primary industry is Holding Companies.

  • Is Modern Times Group MTG a private or public company?

    Modern Times Group MTG is a Public company.

  • What is Modern Times Group MTG’s stock symbol?

    The ticker symbol for Modern Times Group MTG is MTG A.

  • What is the current stock price of Modern Times Group MTG?

    As of 17-Apr-2024 the stock price of Modern Times Group MTG is $8.08.

  • What is the current market cap of Modern Times Group MTG?

    The current market capitalization of Modern Times Group MTG is $977M.

  • What is Modern Times Group MTG’s current revenue?

    The trailing twelve month revenue for Modern Times Group MTG is $548M.

  • What is Modern Times Group MTG’s annual earnings per share (EPS)?

    Modern Times Group MTG’s EPS for 12 months was $0.13.

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