Safe Lane Gaming (SLG) Q4 2024 earnings summary

Executive summary

• Net revenue for Q4 2024 was 5.5 MSEK, down 17% year-over-year due to lower income from existing games.

• EBITDA for Q4 2024 was 0.1 MSEK, an 80% decrease compared to Q4 2023.

• Sale of Raketspel AB for 79 MSEK to RightBridge Ventures AB completed, strengthening the balance sheet and enabling future strategic acquisitions.

• Increased player activity in both Hybrid Casual and Battlecamp titles, with seasonal events boosting engagement.

Financial highlights

• Full-year 2024 net revenue was 24.0 MSEK, down from 30.6 MSEK in 2023.

• Full-year EBITDA was 2.3 MSEK, compared to 4.3 MSEK in 2023.

• Result after financial items for 2024 was -53.5 MSEK (2023: -55.8 MSEK).

• Q4 2024 result per share was -1.93 SEK; full-year 2024 was -6.35 SEK.

• Goodwill amortization for 2024 totaled -43.1 MSEK.

Outlook and guidance

• Management expects a strengthened financial position post-Raketspel sale, with a focus on strategic acquisitions and long-term growth.

• New game projects initiated, with positive early test results; further updates on growth strategy expected in 2025.