Media and Games Invest SE: Strong Q4'21 with 65% Revenue Growth, Underscored by 36% Organic Growth and 29% adj. EBITDA Margin, Guidance 2022 with up to 310 mEUR Revenues and up to 90 mEUR adj. EBITDA

Feb 28, 2022

Net revenues amounted to 80.2 mEUR in Q4'21 (Q4'20: 48.7 mEUR), which is an increase of 65% based on a strong Organic Revenue Growth¹ of 36% as well as the transforming acquisitions of KingsIsle and Smaato in 2021.
Adj. EBITDA² amounted to 23.3 mEUR in Q4'21 (Q4'20: 10.1 mEUR), reflecting a significant increase in the adj. EBITDA margin⁹ to 29% (Q4'20: 21%), driven by economies of scale and cost synergies within MGI's media and games activities.
MGI further transformed in 2021 from a pure games company, that was started in 2012, into an advertising software platform with strong first party games content.
Guidance 2022: Revenue with a range of 290 mEUR - 310 mEUR, which is an increase of 25% - 34% based on pro-forma FY2021 revenues of 232 mEUR. The 2021 revenue is adjusted for discontinued businesses in the amount of c. 20mEUR. The adj. EBITDA Guidance for 2022 ranges from 80 mEUR - 90 mEUR.

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