MTG_A: Q3 delivered 15% organic growth, strong margins, and robust performance across key game franchises

Q3 saw 15% organic revenue growth and a doubling of total net sales, driven by new games, live ops, and strong IP integrations. Adjusted EBITDA margin was 23%, with robust cash conversion and confidence in meeting raised 2025 guidance. Plarium and key franchises delivered strong results, while regulatory and market shifts present both challenges and opportunities.

Based on Modern Times Group MTG AB Class A [MTG_A] Q3 2025 Audio Transcript — Nov. 13 2025