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(From Year-End Report 2024)

The fourth quarter of 2024 was Fable Media Group’s second-best quarter ever. Compared to the same period a year before, revenue was up 13 percent to SEK 23.9 million, while EBITDA increased 20 percent to SEK 16.5 million. We maintain high operational efficiency with EBITDA margins at the top of the industry.

Further, the group continues to reduce its debt. At the end of the first quarter of 2025, the earnout period related to the acquisition of the subsidiary Fable Media ApS will conclude, resulting in a significantly positive effect on the group’s cashflow. This will facilitate our goal to become a dividend paying company.

Recently, however, the group was impacted by new regulations and taxes in Brazil, resulting in reduced margins in this market from the beginning of 2025. Fortunately, we are seeing strong growth in other regions, which we expect to significantly mitigate the negative impact from the above. For the full year 2024, Fable Media Group referred about 75,000 First Time Depositors to its partners, and Q4 was the group’s best quarter ever in this regard with 27,679 FTD:s. Furthermore, 2025 has started strong, with FTD levels significantly exceeding those of the same period last year.

Therefore, we are primed to continue delivering strong results this year. For the full year 2025, Fable Media Group forecasts revenue of SEK 85 to 95 million and EBITDA of SEK 60 to 70 million, which is close to the 2024 levels, thanks to the rapid growth in new markets.

Alexander Pettersson
CEO, Fable Media Group AB