Everysport Group publishes Year-End Report 2024: Accelerated growth at Elite Prospects

Summary Q4 2024 (compared to Q4 2023) 

• The Group's net sales amounted to SEK 23.3 million (29.9). Excluding divested operations, net sales increased by 8 percent to SEK 23.3 million (21.5).
  • Business Area - Elite Prospects:
    • Net sales increased by 27 percent to SEK 13.5 million (10.6).
    • Monthly recurring subscription revenue (MRR) increased by 16 percent to SEK 2.6 million (2.25).
    • Annual recurring subscription revenue (ARR) calculated as of the end of December increased by 16 percent to SEK 31.2 million (27.0).
  • The Everysport business area's net sales amounted to SEK 7.1 million (17.2), of which SEK (8.4) million related to divested operations in the comparison period.
• The Group's adjusted operating result, EBITDA, was SEK 1,3 million (2,2).
• The Group's operating result, EBITDA, was SEK 1,3 million (1,7).
• The Group's adjusted operating profit after depreciation and amortization, EBIT, was SEK 0,8 million (1,8).
• The Group's operating result, EBIT, was SEK 0,8 million (1,3).
• The Group's profit after financial items was SEK 1,7 million (−9,8).
• Earnings per share were SEK 0.13 (–1.70). 

Summary January - December 2024 (compared to January - December 2023) 

• The Group's net sales amounted to SEK 86.5 million (147.7). Excluding divested operations, net sales increased by 10 percent to SEK 82.5 million (74.7)
• The Elite Prospects business area's net sales increased by 29 percent to SEK 46.3 million (35.8)
• The Everysport business area's net sales amounted to SEK 30.9 million (105.5), of which SEK 4.3 million (73.1) relates to divested operations
• The Group's adjusted operating profit, EBITDA was SEK -9.7 million (1.8)
• The Group's operating profit, EBITDA was SEK –5.1 million (40.4)
• The Group's adjusted operating profit after depreciation, EBIT was SEK –9.7 million (6.7)
• The Group's operating profit after depreciation, EBIT was SEK -6.8 million (19.0)
• The Group's result after financial items was SEK -5.5 million (6.3)
• Earnings per share were SEK –1.06 (0.85)

"During the fourth quarter, we made significant strides in line with our strategy, with the launch of Elite Prospects' new app marking a major milestone. Adjusted for divested operations, the Group’s revenue increased 8 percent to SEK 23.3 million (21.5), with a positive operating result. Elite Prospects grew by 27 percent to SEK 13.5 million (10.6), driven by new subscribers and a continuously strong advertising market in North America. A sharper strategic focus and a more efficient organization lay the foundation for profitable growth in 2025." - Extract from Hannes Andersson’s CEO statement 

For more information, please contact:
Hannes Andersson, CEO, Everysport Group AB
Phone: +46 70 736 56 25
E-mail: [email protected]

About Everysport Group (publ)
Everysport Group is a leading Swedish company that develops digital platforms and services within sports tech and sports media. The Group's flagship product, Elite Prospects, is a globally leading hockey platform with over 27,000 paying subscribers and 1.5 million unique visitors per week. Everysport Group is headquartered in Stockholm with a local presence in the US. The Group is listed on Spotlight Stock Market with the ticker "EVERY".

For more information, please visit www.everysportgroup.com

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This disclosure contains information that Everysport Group AB is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 25-02-2025 08:00 CET.