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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Hacksaw Gaming
Hacksaw Gaming (HACK) investor relations material
Hacksaw Gaming Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary3 Nov, 2026
Executive summary
Q3 revenue rose 12% YoY to €58.1m; adjusted EBIT increased 15% to €48.3m, with an 83% margin.
Player rounds grew 19%, but game and operator mix lowered revenue per round and moderated growth.
LTM revenue was €230m, up 24% YoY or 28% adjusted for FX; LTM EBIT was €188m at an 82% margin.
Financial highlights
Net income was €45.7m versus €38.7m; fully diluted EPS was €0.158 versus €0.134.
Operating cash flow was €52.2m, up 42% reported and 20% excluding prior-year dividend-related items; free cash flow rose 40%, or 18% adjusted.
Q3 revenue growth was 12% on a constant-currency basis, with no net FX impact.
Outlook and guidance
Long-term targets remain annual revenue growth above 30% and adjusted EBIT margin above 80%; these are long-term goals, not a single-year forecast.
Roadmap balance shifted toward proven game styles while retaining content for underrepresented markets; management expects game mix to normalize over coming months.
No current-quarter trading outlook was offered, citing short-term volatility and player-dependent game outcomes.
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Latest events from Hacksaw Gaming
- Q2 2026 saw 31% revenue growth, 82% EBIT margin, 106 deals, and a EUR 116m dividend paid.HACK
Q2 2026 - 28% revenue growth, 82% EBIT margin, strong cash, and a planned EUR 116m dividend.HACKQ1 2026
- 44% revenue growth, 82% EBIT margin, and strong cash flow with dividend and buyback proposed.HACKQ4 2025
- Q3 revenue up 39%, adjusted EBIT margin 81%, and strong portfolio and market expansion.HACKQ3 2025
- Q2 revenue up 53% to EUR 45.4m, 82% EBIT margin, strong cash flow, and no debt.HACKQ2 2025
Next Hacksaw Gaming earnings date
Q4 202617 Feb, 2027
Hacksaw Gaming
Next Hacksaw Gaming earnings date
Q4 202617 Feb, 2027
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