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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.
Sporttotal
Sporttotal (WIG1) investor relations material
Sporttotal H1 2024 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 2024 earnings summary30 Sep, 2024
Executive summary
Revenue for H1 2024 was €10.5m, down from €16.9m in H1 2023, mainly due to lack of large VENUES projects; EBITDA was -€4.3m (H1 2023: -€3.3m).
Focus remains on expanding the US streaming platform and AI-based camera technology, with new contracts in the German football market and ongoing efforts in international motorsport projects.
Two capital increases and further convertible bond subscriptions supported liquidity and growth initiatives.
Financial highlights
Net loss for H1 2024 was €-7.1m, compared to €-5.6m in H1 2023.
Operating cash flow was negative at €-8.0m, mainly due to higher receivables and losses.
Cash at period end was €0.5m, down from €1.1m at year-end 2023.
Equity decreased to €-33.7m due to losses, despite capital increases.
VENUES segment revenue dropped to €0.8m (H1 2023: €8.8m); DIGITAL segment revenue rose to €9.7m (H1 2023: €8.5m).
Outlook and guidance
2024 guidance maintained, but results expected at the lower end of the range due to delayed VENUES project awards.
Full-year revenue expected at minimum €22m, EBITDA at least €0m.
Ongoing geopolitical risks and project delays could impact results.
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