Maximum Entertainment Interim Report Q4 2025
Stockholm, Sweden (March 31, 2025) – Maximum Entertainment AB (Nasdaq: MAXENT B) today released its year-end report for the fourth quarter of 2025.
Delivering Our Roadmap While Rebuilding Our Foundations
Fourth quarter, Oct-Dec 2025 (Compared to Oct-Dec 2024)
- Net sales amounted to 17.8 (25.5) MEUR.
- Gross margin amounted to 22 (31)%.
- Adjusted EBITDA amounted to -0.0 (3.7) MEUR.
- Earnings per share amounted to -1.30 (-0.09) MEUR.
- Cash flow from operations amounted to -0.1 (8.1) MEUR.
- The number of employees stood at 98 (124) at the end of the period.
- Discussions have continued with our financial partners, and the Company is still depending on additional financing to support its business activities going forward. During the quarter, the Company entered into a Restructuring Term Sheet to secure for long-term capital structure and Group reorganization. Gross margin amounted to 22 (24)%.
Full year, Jan-Dec 2025 (Compared to Jan-Dec 2024)
- Net sales amounted to 62.1 (80.0) MEUR.
- Gross margin amounted to 25 (30)%.
- Adjusted EBITDA amounted to 1.4 (6.8) MEUR.
- Earnings per share amounted to -1.82 (-0.53) EUR.
- Cash flow from operations amounted to 2.0 (17.0) MEUR.
| Key Performance Indicators Q4 2025 KEUR | 2025-10-01 2025-12-31 | 2024-10-01 2024-12-31 | 2025-01-01 2025-12-31 | 2024-01-01 2024-12-31 |
| Net Sales | 17 844 | 25 467 | 62 050 | 79 936 |
| Share of revenue derived from Owned IP | 5% | 6% | 6% | 10% |
| Gross margin % | 22% | 31% | 25% | 30% |
| Adjusted EBITDA | -10 | 3 658 | 1 434 | 6 763 |
| Adjusted EBITDA Margin % | 0% | 14% | 2% | 8% |
| EBITDA | -659 | 12 663 | -1 204 | 17 829 |
| EBITDA Margin | -4% | 50% | -2% | 22% |
| Adjusted EBIT | -8 331 | -300 | -20 559 | -16 996 |
| Adjusted EBIT Margin % | -47% | -1% | -33% | -21% |
| EBIT | -64 015 | -4 512 | -78 234 | -19 146 |
| EBIT Margin % | -359% | -18% | -126% | -24% |
| Total Headcount | 98 | 124 | 98 | 124 |