Modern Times Group MTG Overview

  • Year Founded
  • 1987

Year Founded

  • Status
  • Public

  • Employees
  • 1,042

Employees

  • Stock Symbol
  • MTG A

Stock Symbol

  • Investments
  • 67

  • Share Price
  • $10.96
  • (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
Corporate Office
  • Skeppsbron 18
  • Box 2094
  • 111 30 Stockholm
  • Sweden
+46 08-562
Primary Industry
Holding Companies
Other Industries
Entertainment Software
Stock Exchange
STO
Vertical(s)
Corporate Office
  • Skeppsbron 18
  • Box 2094
  • 111 30 Stockholm
  • Sweden
+46 08-562

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Modern Times Group MTG Stock Performance

As of 12-Feb-2025, Modern Times Group MTG’s stock price is $10.96. Its current market cap is $1.31B with 118M shares.

(As of Wednesday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$10.96 $10.88 $6.90 - $11.24 $1.31B 118M 417.46 -$0.16

Modern Times Group MTG Financials Summary

As of 31-Dec-2024, Modern Times Group MTG has a trailing 12-month revenue of $569M.

In Thousands,
USD
TTM 31-Dec-2024 FY 2024 31-Dec-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022
EV 765,244 765,244 730,377 695,127
Revenue 568,744 568,744 548,400 545,794
EBITDA 5,011 5,011 37,538 131,594
Net Income (19,856) (19,856) 15,429 648,506
Total Assets 1,637,649 1,637,649 1,751,161 1,799,114
Total Debt 68,247 68,247 17,411 6,327
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 Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Modern Times Group MTG AB invests in esports, mobile games and other digital entertainment. The group's companies offer
Holding Companies
Stockholm, Sweden
1,042 As of 2023

Stockholm, Sweden
 
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Modern Times Group MTG Competitors (1)

One of Modern Times Group MTG’s competitors is Stillfront Group, a Formerly VC-backed company based in Stockholm, Sweden.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Stillfront Group Formerly VC-backed Stockholm, Sweden
You’re viewing 1 of 1 competitors. Get the full list »

Modern Times Group MTG Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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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 (67)

Modern Times Group MTG’s most recent deal was a Merger/Acquisition with Plarium Global for . The deal was made on 12-Nov-2024.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Plarium Global 12-Nov-2024 Merger/Acquisition Entertainment Software
Snowprint Studios 05-Oct-2023 Merger/Acquisition Entertainment Software
Joyride Games 18-Mar-2022 Later Stage VC Entertainment Software
Dorian 17-Mar-2022 Early Stage VC Entertainment Software
Legendary Play 01-Aug-2021 Early Stage VC Entertainment Software
You’re viewing 5 of 67 investments and acquisitions. Get the full list »

Modern Times Group MTG ESG

Risk Overview

Risk Rating

Updated December, 12, 2024

15.94 | 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

Management

Management is related to actions taken to manage ESG issues

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

of 15,120

Rank

Percentile

Software & Services

Industry

of 962

Rank

Percentile

Entertainment Software

Subindustry

of 59

Rank

Percentile

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

Modern Times Group MTG Exits (31)

Modern Times Group MTG’s most recent exit was on 30-Sep-2020 from ESL FaceIt Group. The exit was categorized as .

Company Name Exit Date Exit Type Exit Size Status Buyers
ESL FaceIt Group 30-Sep-2020 Completed
Koji 30-Jun-2020 Completed
  • 10 buyers
Sviper 28-Feb-2019 Completed
  • 4 buyers
Tonk Tonk 19-Feb-2019 Completed
  • 2 buyers
Phoenix Labs 22-Oct-2018 Later Stage VC Completed
  • 7 buyers
You’re viewing 5 of 31 exits. Get the full list »

Affiliates

Subsidiaries (13)

Name Industry Location Year Founded
Snowprint Studios Stockholm, Sweden 2015
PlaySimple Bengaluru, India 2014
Mtgx Mediafactory Stockholm, Sweden 2014
MTGx Stockholm, Sweden 2013
Hutch (Entertainment Software) London, United Kingdom 2011
You’re viewing 5 of 13 affiliates. Get the full list.  »

Modern Times Group MTG FAQs

  • When was Modern Times Group MTG founded?

    Modern Times Group MTG was founded in 1987.

  • 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 12-Feb-2025 the stock price of Modern Times Group MTG is $10.96.

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

    The current market capitalization of Modern Times Group MTG is $1.31B.

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

    The trailing twelve month revenue for Modern Times Group MTG is $569M.

  • Who are Modern Times Group MTG’s competitors?

    Stillfront Group is a competitor of Modern Times Group MTG.

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

    Modern Times Group MTG’s EPS for 12 months was -$0.16.

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