Mediacle Group (MEGR) Q4 2024 earnings summary

Executive summary

• Revenue for 2024 was 69.1 MSEK, down from 76.4 MSEK year-over-year, reflecting a challenging macroeconomic environment and increased competition.

• EBITDA for 2024 was 23.9 MSEK, a decrease from 42.3 MSEK in 2023, highlighting areas for further operational improvement.

• The company remains focused on strategic improvements, operational efficiency, and innovation to drive sustainable growth.

Financial highlights

• Q4 2024 revenue was 17.4 MSEK, compared to 19.0 MSEK in Q4 2023; full-year revenue was 69.1 MSEK, down from 76.4 MSEK.

• Q4 2024 EBITDA was 5.2 MSEK (Q4 2023: 11.5 MSEK); full-year EBITDA was 23.9 MSEK (2023: 42.3 MSEK).

• Net income for 2024 was 7.8 MSEK, compared to 5.2 MSEK in 2023.

• Cash and cash equivalents at year-end were 121.6 MSEK, up from 99.6 MSEK at the end of 2023.

• No dividend is proposed for 2024.

Outlook and guidance

• The company maintains a strong long-term vision, focusing on core business, operational efficiency, and deepening customer relationships to build a stable foundation for future growth.

• Continued emphasis on sustainable growth and value creation is planned for 2025.