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8.52000 EUR
0.025
0.29%
Last update Apr 2, 9:55 PM CEST
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Day range
8.35500
8.52500
Previous close
8.54500
Open
8.39500
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Modern Times Group MTG AB Class B Shares
8.52
0.03
0.29%

Overview

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Description

Modern Times Group MTG AB Class B Shares represent ownership in a Sweden-based international gaming group headquartered in Stockholm and founded in 1987. The company specializes in esports, mobile games, and digital entertainment, owning and operating studios like InnoGames, Ninja Kiwi, Hutch, Snowprint, PlaySimple, and Kongregate that develop popular free-to-play titles across casual and mid-core genres. It generates revenue primarily through in-app purchases and advertising, while also providing third-party distribution services and investing in gaming-related ventures via MTG VC funds. Operating globally in regions including Europe, the United States, Singapore, India, and New Zealand, Modern Times Group MTG AB Class B Shares play a key role in the electronic gaming and multimedia industry within the communication services sector, driving consolidation through strategic acquisitions and fostering growth for portfolio companies. With around 1,097 employees, it maintains a significant presence in the evolving digital entertainment market.

About

CEO
Ms. Maria Redin
Employees
1054
Address
Skeppsbron 18
Box 2094
Stockholm, 11130
Phone
46 8 56 20 00 50
Website
Instrument type
Common stock
Sector
Communication Services
Industry
Electronic Gaming & Multimedia
Country
Germany
MIC code
XSTU
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