Gold Town Games (GTG) Q2 2025 earnings summary

Executive summary

• Net sales for Q2 2025 increased by 1.5% year-over-year to 3.32 MSEK, with operating profit surging to 4.98 MSEK from -1.61 MSEK, mainly due to loan write-offs and a new royalty agreement.

• Focus during the quarter was on the global launch and optimization of Pocket Hockey, as well as continued growth in the existing game portfolio.

• The company aims for profitability in the coming quarters, with plans to intensify marketing as key metrics improve.

Financial highlights

• Operating profit (EBIT) for Q2 2025 was 4.98 MSEK, up 408% year-over-year.

• Net profit after financial items reached 4.96 MSEK, a 378% increase year-over-year.

• Cash flow from operations was 5.9 MSEK, with cash and cash equivalents at 2.77 MSEK at period end.

• Equity at period end was 21.1 MSEK, up from 12.6 MSEK a year earlier.

• Solid equity ratio of 82.8% at quarter end, up from 50.8% last year.

Outlook and guidance

• The main goal is to achieve profitability in the coming quarters, with increased marketing for Pocket Hockey as retention and monetization metrics improve.

• Continued product development and new features for Pocket Hockey are planned for H2 2025.

• Growth potential is seen in both new and existing titles, with a focus on user acquisition and retention.