Modern Times Group MTG AB - Company Profile
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Modern Times Group MTG AB (MTG) is an operator of mobile platforms and operates internationally. It offers broad range of popular game franchises to players across the globe. Its portfolio encompasses a diverse selection of enduring gaming franchises like Forge of Empires, Top Drives, Bloons, and Animation Throwdown, and engaging word games such as CrossWord Jam and WordTrip. The company revenue streams come from in-app purchases, advertising, and collaborations with third-party distribution platforms. The company works in tandem with developers, publishers, and gaming communities to create and publish browser and mobile games. The company operates gaming studios, namely PlaySimple, InnoGames, Ninja Kiwi, Hutch, and Snowprint. It has presence in countries across Europe, North America, and Asia-Pacific. MTG is headquartered in Stockholm, Sweden.
Headquarters
Sweden
Address
Skeppsbron 18, Box 2094, Stockholm, 11130
Website
www.mtg.com
Telephone
46 8 56200050
No of Employees
2,374
Industry
Media
Ticker Symbol & Exchange
MTG B (STO)
Revenue (2024)
$1.2B
92.5%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
70%
(2024 vs 2023)
Market Cap*
$1.6B
Net Profit Margin (2024)
XYZ
84.5%
(2024 vs 2023)
* As of and is in US$
Modern Times Group MTG AB premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Games | Games Development | PlaySimple |
| Mobile Platforms | Games Publishing | InnoGames |
| Ninja Kiwi | ||
| XYZ | ||
| XYZ | ||
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Acquisitions/Mergers/Takeovers | In February, the company acquired a 100% stake in Plarium Global Ltd. |
| 2024 | Plans/Strategy | In February, Ninja Kiwi announced its plans to launch the Bloons TD 6+ on Apple Vision Pro. |
| 2024 | Contracts/Agreements | In February, the company entered an agreement to enable Monumental to acquire Kongregate and secure a 30 percent stake in the newly combined company. |
Competitor Comparison
| Key Parameters | Modern Times Group MTG AB | The Walt Disney Co | British Broadcasting Corp | Electronic Arts Inc | Activision Blizzard Inc |
|---|---|---|---|---|---|
| Headquarters | Sweden | United States of America | United Kingdom | United States of America | United States of America |
| City | Stockholm | Burbank | London | Redwood City | Santa Monica |
| State/Province | Stockholm | California | - | California | California |
| No. of Employees | 2,374 | 231,000 | 21,508 | 14,500 | 13,000 |
| Entity Type | Public | Public | Private | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Maria Redin | President; Chief Executive Officer | Senior Management | 2020 | - |
| Nick Hopkins | Chief Financial Officer | Senior Management | 2025 | - |
| Simon Duffy | Chairman | Non Executive Board | 2021 | 75 |
| Shaun Rutland | Chairman - Hutch | Executive Board | 2025 | - |
| Hendrik Klindworth | Chairman - Midcore | Executive Board | 2025 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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