Interim report
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Q2 2021 Well positioned to capture growth The gaming vertical delivered a solid quarter driven by good monetization and the inclusion of Ninja Kiwi , a leader in the tower defense genre The esports vertical returned to positive revenue growth , driven by robust development for both O & O and ESS . ESL Gaming hosted six digital - only Master properties and successfully produced another season of Gamers Without Borders MTG continued to deliver on its Buy & Build strategy in the gaming vertical and announced the acquisition of PlaySimple , a rapidly growing , highly profitable Indian gaming studio and a global leader in the mobile word games genre . On a pro forma basis , the gaming vertical had net sales of SEK 1,169 million with organic growth of 8 percent in the second quarter MTG maintained a high level of strategic investments in its esports product portfolio and B2C platforms to strengthen its position and diversify its current offering ahead of a return to live audience events , which is expected to take place by the end of 2021 Financial highlights Net sales increased by 9 percent to SEK 1,198 ( 1,096 ) million or 15 percent at constant currencies . Organic growth amounted to -3 percent Financial overview MO Adjusted EBITDA of SEK 155 ( 167 ) million . Adjustments included long - term incentive programs ( LTI ) of SEK 25 ( 60 ) million and total M & A transaction costs of SEK 16 ( 3 ) million EBITDA of SEK 114 ( 104 ) million and EBIT of SEK 12 ( 31 ) million Net income of SEK -11 ( -19 ) million and basic earnings per share , before dilution , of SEK -0.25 ( -0.89 ) Cash balance of SEK 1,229 ( 1,571 ) million ( SEKm ) Net sales of which Gaming of which Esports EBIT EBITDA Adjusted EBITDA Net income Earnings per share , before dilution , SEK Sales growth , % Changes in FX rates , % Sales growth at constant FX , % of which organic growth , % Q2 2021 1,198 810 388 12 114 155 -11 -0.25 9 % -6 % 15 % -3 % Q2 2020 1,096 743 353 31 104 167 -19 -0.89 0 % 0 % 0 % 0 % Interim report April - June H1 2021 2,210 1,578 632 -31 168 255 -135 -1.55 9 % -9 % 18 % 2 % For further information contact Investor Relations at +46 ( 0 ) 70-273 48 79 or communications@mtg.com H1 2020 2,020 1,368 652 -110 35 146 -151 -2.99 -1 % 2 % -3 % -3 % FY 2020 3,997 2,682 1,315 35 319 535 -96 -2.99 -6 % -2 % -4 % -4 %