Onsdag 11 Februari | 01:30:50 Europe / Stockholm
2025-11-05 07:30:00

Stockholm, Sweden (November 5, 2025) – Maximum Entertainment AB (Nasdaq: MAXENT B) today released its interim report for the third quarter of 2025.

Working With All Stakeholders to Define Our Future

Third quarter, Jul-Sep 2025 (Compared to Jul-Sep 2024)

  • Net sales amounted to 15.5 (17.2) MEUR.
  • Gross margin amounted to 22 (24)%.
  • Adjusted EBITDA amounted to 0.5 (-0.2) MEUR.
  • Earnings per share amounted to -0.24 (-0.40) EUR.
  • Cash flow from operating activities amounted to -1.5 (2.7) MEUR.
  • The number of employees stood at 114 (181) 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.

Year-to-date, Jan-Sep 2025 (Compared to Jan-Sep 2024)

  • Net sales amounted to 44.2 (54.5) MEUR.
  • Gross margin amounted to 26 (30)%.
  • Adjusted EBITDA amounted to 1.4 (3.1) MEUR.
  • Earnings per share amounted to -0.51 (-0.44) EUR.
  • Cash flow from operating activities amounted to 2.1 (8.9) MEUR.
KPIs Q3 2025
KEUR
2025-07-01
2025-09-30
2024-07-01
2024-09-30
2025-01-01
2025-09-30
2024-01-01
2024-09-30
2024-01-01
2024-12-31






Net Sales15 49817 21644 20754 46979 936
Share of revenue derived from Owned IP6%10%7%12%10%
Gross margin %22%24%26%30%30%
Adjusted EBITDA522-1641 4443 1056 763
Adjusted EBITDA Margin %3%-1%3%6%8%
EBITDA11-751-5465 16617 829
EBITDA Margin0%-4%-1%9%22%
Adjusted EBIT-9 237-15 705-12 229-16 695-16 996
Adjusted EBIT Margin %-60%-91%-28%-31%-21%
EBIT-9 748-16 293-14 219-14 634-19 146
EBIT Margin %-63%-95%-32%-27%-24%
Total Headcount114181114181124