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MNDRK MindArk PE AB (publ) News Story

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TechnologyHighly Speculative

Sweden's MindArk Q4 revenue falls on lower USD exchange rate, reduced Entropia Universe activity

Overview

Swedish game developer's Q4 revenue fell 17% yr/yr

Q4 EPS was -0.03 SEK, compared to 0.02 SEK last year

User growth increased, with daily active users up 45%

Outlook

MindArk aims to increase user engagement and satisfaction to drive revenue growth

Company plans to accelerate global marketing and technical innovation in 2026

MindArk views AI investment as key to enhancing gameplay and scalability

Result Drivers

USER GROWTH - Daily active users increased by 45%, driven by new user conversions and enhancements like AI-driven features

AI INTEGRATION - Co implemented AI across development, reducing manual tasks and shortening lead times

LOWER USD RATE - Financial performance impacted by lower USD exchange rate and reduced activity in Entropia Universe

Company press release: ID:nWkr63Pk5m

Key Details

MetricBeat/MissActualConsensus Estimate
Q4 RevenueSEK 19.70 mln
Q4 EPS-SEK 0.03
Q4 Cash & InvestmentsSEK 25.30 mln
Q4 Operating Profit-SEK 540,000
Q4 Pretax Profit-SEK 794,000
Analyst Coverage Wall Street's median 12-month price target for MindArk PE AB (publ) is SEK1.70, about 27.3% above its February 26 closing price of SEK1.34 For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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