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Maximum Entertainment Interim Report Q3 2025

MAR

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

For More Information, please contact:

Philippe Cohen, CEO
E-mail: ceo@maximument.com | Tel: +46 8 490 094 98

Henrik Resmark, CFO
E-mail: cfo@maximument.com | Tel: +46 8 490 094 98

For more information regarding the company and investments, please contact ir@maximument.com.

Certified Adviser
Augment Partners AB, info@augment.se, tel +46 (0) 8 604 22 55, is Maximum Entertainment AB's Certified Adviser.

This information is information that Maximum Entertainment is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2025-11-05 07:30 CET.

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ENG ME Interim Report Q3 2025 VF

Datum 2025-11-05, kl 07:30
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