Everysport Media Group (EVERY) Q4 2024 earnings summary

Executive summary

• Elite Prospects achieved 27% net sales growth in Q4 2024, driven by new subscribers and strong North American ad revenue.

• Group revenue, adjusted for divestments, rose 8% year-over-year to SEK 23.3 million in Q4, with positive operating results.

• Strategic focus and organizational efficiency are expected to support profitable growth in 2025.

Financial highlights

• Q4 2024 net sales: SEK 23.3 million (SEK 29.9 million in Q4 2023); up 8% year-over-year excluding divested operations.

• Q4 EBITDA: SEK 1.3 million (1.7); adjusted EBITDA: SEK 1.3 million (2.2).

• Q4 EBIT: SEK 0.8 million (1.3); adjusted EBIT: SEK 0.8 million (1.8).

• Q4 profit after financial items: SEK 1.7 million (−9.8); EPS: SEK 0.13 (−1.70).

• Full-year 2024 net sales: SEK 86.5 million (147.7); up 10% to SEK 82.5 million (74.7) excluding divestments.

• Full-year EBITDA: SEK −5.1 million (40.4); adjusted EBITDA: SEK −9.7 million (1.8).

• Full-year EBIT: SEK −6.8 million (19.0); adjusted EBIT: SEK −9.7 million (6.7).

• Full-year profit after financial items: SEK −5.5 million (6.3); EPS: SEK −1.06 (0.85).

Outlook and guidance

• Focus on Elite Prospects and organizational efficiency positions the group for continued growth and improved profitability in 2025.

• Strong product momentum and expanded advertising reach in North America expected to drive future results.