Gold Town Games (GTG) Q4 2025 earnings summary

Executive summary

• Net sales for Q4 2025 increased by 11% year-over-year to 3.06 MSEK, with annual sales stable at 11.9 MSEK.

• Operating result for Q4 was -1.04 MSEK, a decline from -0.86 MSEK in Q4 2024, but full-year EBIT improved to 3.12 MSEK from -5.53 MSEK.

• Strategic focus on Pocket Hockey, with significant product updates and a plan to scale marketing in 2026.

Financial highlights

• Q4 net sales: 3.06 MSEK (up from 2.75 MSEK); full-year net sales: 11.9 MSEK (11.86 MSEK).

• Q4 EBIT: -1.04 MSEK (Q4 2024: -0.86 MSEK); full-year EBIT: 3.12 MSEK (2024: -5.53 MSEK).

• Q4 result after financial items: -1.06 MSEK; full-year: 2.91 MSEK (2024: -6.23 MSEK).

• Cash flow from operations in Q4: 0.75 MSEK; cash at period end: 1.37 MSEK.

• Equity at period end: 20 MSEK (2024: 10.7 MSEK); soliditet 81.4% (2024: 46.7%).

Outlook and guidance

• Pocket Hockey identified as main growth driver, with plans for expanded marketing in 2026.

• Product improvements and new features expected to increase user engagement and monetization.

• Baseball Franchise Manager shows strong growth potential, especially in the US, Japan, and Korea.