Fractal Gaming Group’s Year-end report, Q4, 2024

Fourth quarter

• Net sales amounted to SEK 205.2 million (142.6).
• Product profit amounted to SEK 80.2 million (58.2), with a product margin of 39.1% (40.8).
• EBITDA amounted to SEK 29.0 million (12.6), corresponding to an EBITDA margin of 14.2% (8.8).
• EBIT amounted to SEK 21.4 million (6.8), corresponding to an EBIT margin of 10.4% (4.8).
• Operating cash flow amounted to SEK 17.2 million (-56.2).
• Interest-bearing net debt was SEK -50.6 million (-7.9).
• Earnings per share amounted to SEK 0.7 (0.1).
• No items affecting comparability for the quarter.

Jan-Dec 2024

• Net sales amounted to SEK 697.9 million (773.3).
• Product profit amounted to SEK 281.1 million (315.3), with a product margin of 40.3% (40.8).
• EBITDA amounted to SEK 84.0 million (137.2), corresponding to an EBITDA margin of 12.0% (17.7).
• EBIT amounted to SEK 58.6 million (115.8), corresponding to an EBIT margin of 8.4% (15.0).
• Operating cash flow amounted to SEK 59.2 million (131.6).
• Earnings per share amounted to SEK 1.6 (3.1).
• No items affecting comparability during the period.

Jonas Holst, CEO of Fractal, comments:

” During the fourth quarter, our strategic initiatives contributed to a strong end to the year. We achieved our second highest ever net sales for a single quarter and a significantly better result. We also foresee a brighter market situation in 2025, with the launch of important PC components and new gaming titles expected to positively impact consumer demand and prompt more consumers to upgrade their gaming stations.

Fractal’s expansion into new product categories during the year, which was very positively received in the market, will enable the transformative development of the company in the years ahead. Our product portfolio and globally established brand for gaming has never been stronger. We enter the new year with good sales momentum and are well positioned to drive profitable growth in 2025 and beyond with the support of our expansion into new product categories, new launches and our expanded marketing and channel initiatives”.

Telephone and web conference
A telephone and web conference will be held for investors, analysts and media on February 6, 11.00 (CET). CEO, Jonas Holst and CFO, Karin Ingemarson will present and comment on the report and the presentation will be followed by a question-and-answer session.

Link to web conference:
https://fractal-gaming-group.events.inderes.com/q4-report-2024

To sign up for the telephone conference:
https://conference.inderes.com/teleconference/?id=5007851

For more information, please contact
Jonas Holst, CEO, Fractal Gaming
Telephone: +46 31 380 71 00
E-mail: [email protected]

Karin Ingemarson, CFO, Fractal Gaming
Telephone: +46 31 380 71 00
E-mail: [email protected]

This information is information that Fractal Gaming Group is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 8:00 a.m. CET on February 6, 2025.

Certified Advisor
FNCA Sweden AB

About Fractal
Fractal Gaming Group AB is a PC gaming hardware company based in Gothenburg, Sweden. Since its inception in 2007, Fractal has built a distinct reputation among PC gamers and enthusiasts for combining Scandinavian design, user-centric innovation and premium quality. In 2021, Fractal Gaming Group AB was introduced to the Nasdaq First North Premier Growth Market. Today, Fractal offers PC gaming products through retail and distribution partners around the globe from its offices in Sweden, Taiwan, China and the US.