Safe Lane Gaming (SLG) Q2 2025 earnings summary

Executive summary

• Q2 2025 marked a pivotal transition with the sale of Raketspel AB, enabling full debt repayment and a shift to a more scalable game portfolio focus.

• Strong financial results were driven by a one-time gain from loan write-downs related to the Raketspel transaction.

• Leadership transition occurred, with Jesper Nord returning as CEO to guide the company into its next phase.

Financial highlights

• Net revenue for Q2 2025 was 6.9 MSEK, up 13% year-over-year, mainly from Battlecamp and Tower Control Manager.

• EBITDA surged to 45.3 MSEK (from 0.6 MSEK), primarily due to a significant one-time loan write-down.

• Adjusted EBITDA (excluding one-time items) was 1.7 MSEK, up 209% year-over-year, reflecting improved margins and lower personnel costs.

• Result after financial items was 31.5 MSEK, compared to -12.6 MSEK in Q2 2024.

• Earnings per share reached 3.79 SEK, up from -1.51 SEK in Q2 2024.

Outlook and guidance

• The company enters a new phase with a stronger financial base and focus on fewer, scalable projects.

• Positive momentum in Battlecamp marketing and a more favorable ad market are expected to support growth.