MTG: annual net income 2017-2024

Published by
Jessica Clement,
Mar 24, 2025

In 2024, Swedish video game company Modern Times Group generated a net loss of 210 million Swedish kronor, down from about 164 million SEK net income in the previous year. The company owns gaming subsidiaries including InnoGames, Kongregate, Hutch Games, Ninja Kiwi and PlaySimple.

Annual net income generated by Modern Times Group from 2017 to 2024 (in million SEK)

CharacteristicNet income for the periodNet income from continuing operations
2017 -857 -
2018 -107 -
2019 -458 -
2020 -96 -
2021* -454 -248
2022 6,475 252
2023 164 -
2024 -210 -
Showing entries 1 to 8 (8 entries in total)
Created with Highcharts 7.2.2Net income in million SEK-857-857-107-107-458-458-96-96-454-4546,4756,475164164-210-210-248-248252252Net income for the periodNet income from continuing operations20172018201920202021*202220232024
-2,00002,0004,0006,0008,000

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Release date

February 2025

Region

Europe, Sweden

Survey time period

2017 to 2024

Supplementary notes

*2021 figures were restated after MTG completed the divestment of ESL Gaming to Savvy Gaming Group on April 21, 2022. As a result, the group’s eSports vertical and operations have been reclassified as discontinued operations in this report.

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