October - December 2024

• Revenue increased by 13 % to 23.9 MSEK (21.1 MSEK)
• Revenue from continuing operations increased by 14 % *
• EBITDA increased by 20 % to 16.5 MSEK (13.8 MSEK)
• The EBITDA margin amounted to 69 % (65 %)
• Operating profit (EBIT) amounted to 15.5 MSEK (2.7 MSEK) **
• Profit after tax amounted to 11.2 MSEK (2.1 MSEK) **
• Basic and diluted earnings per share: 0.33 SEK (0.06 SEK) **

January - December 2024

• Revenue increased by 14 % to 95.3 MSEK (83.9 MSEK)
• Revenue from continuing operations increased by 17 % *
• EBITDA increased by 37 % to 67.4 MSEK (49.2 MSEK)
• The EBITDA margin amounted to 71 % (59 %)
• Operating profit (EBIT) amounted to 48.0 MSEK (34.6 MSEK) ***
• Profit after tax amounted to 33.5 MSEK (31.1 MSEK) ***
• Basic and diluted earnings per share: 0.99 SEK (0.92 SEK) ***

Full-Year 2025 Forecast
For the full year 2025, Fable Media Group expects revenue of SEK 85 to 95 million and EBITDA of SEK 60 to 70 million.

* Excludes revenue from Viistek Media for the comparative period, as the business was discontinued in 2023
** The figures are impacted by a cost of SEK 0.0 million (SEK 10.0 million for the comparative period) relating to the revaluation of the earnout to the seller of Fable Media ApS.
*** The figures are impacted by a cost of SEK 15.0 million (SEK 10.0 million for the comparative period) relating to the revaluation of the earnout to the seller of Fable Media ApS.

CEO Letter
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