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M.O.B.A. Network (MOBA) investor relations material

M.O.B.A. Network Q2 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q2 2025 earnings summary31 Jul, 2025

Executive summary

  • Strategic actions in product development, commercial initiatives, and cost discipline began to yield results in Q2 2025, with June revenue nearly matching last year and July continuing the trend.

  • Despite a 20% year-over-year revenue decline, positive momentum and a strengthened foundation for growth are noted entering H2 2025.

  • New product launches and commercial partnerships are expected to drive growth and recurring revenue in the second half of the year.

Financial highlights

  • Q2 2025 revenue was SEK 65 million, down 20% year-over-year; EBITDA was SEK 11 million, down 30%.

  • EBIT for Q2 2025 was SEK 5 million, a 45% decrease from the prior year; profit before tax was SEK -1 million.

  • Earnings per share for the quarter were SEK 0.0, compared to SEK 0.1 in Q2 2024.

  • Cash flow from operating activities before changes in working capital was SEK 0.6 million, down from SEK 7 million.

  • Total assets at quarter-end were SEK 646 million, with cash and cash equivalents at SEK 17.7 million.

Outlook and guidance

  • Management anticipates a return to growth in H2 2025, supported by new products, premium features, and expanded partnerships.

  • The balance sheet remains stable, with managed net debt and a commitment to targeted strategic investments.

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Frequently asked questions

M.O.B.A. Network AB is a Swedish company that operates global online gaming communities and platforms, primarily serving fans of multiplayer online battle arena (MOBA) games and other popular video games. It provides spaces where gamers can exchange strategies, insights, and ideas. The company's portfolio includes well-known gaming communities such as MOBAFire, DOTAFire, SmiteFire, and HeroesFire, among others. It also operates the Union for Gamers, a YouTube network supporting over 1,000 content creators. The company is headquartered in Stockholm, Sweden, and its shares are listed on the Nasdaq Stockholm.

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