Announcement • Jan 09
Scout Gaming Group AB Announces Jonathan Pettemerides Decides to Step Down from its Board Scout Gaming Group AB announced that the Board member Jonathan Pettemerides have decided to step down from the Board to pursue new opportunities within the sector. The decrease of Board members from four to three does not need any further action prior to the AGM in May 2026. According to the Articles of Association the company needs to have between three to eight Board members. Announcement • Apr 25
Scout Gaming Group AB (publ), Annual General Meeting, May 22, 2025 Scout Gaming Group AB (publ), Annual General Meeting, May 22, 2025, at 10:00 W. Europe Standard Time. Location: at stora gatan 46 in sigtuna, Sweden Reported Earnings • Nov 16
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: kr11.8m (up 87% from 3Q 2023). Net loss: kr128.0k (loss narrowed 98% from 3Q 2023). Reported Earnings • Aug 16
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: kr11.1m (up 17% from 2Q 2023). Net loss: kr1.90m (loss narrowed 95% from 2Q 2023). Reported Earnings • May 17
First quarter 2024 earnings released First quarter 2024 results: Revenue: kr7.99m (up 23% from 1Q 2023). Net loss: kr2.93m (down 142% from profit in 1Q 2023). Announcement • May 17
Scout Gaming Group AB (publ) to Report Q4, 2024 Results on Feb 21, 2025 Scout Gaming Group AB (publ) announced that they will report Q4, 2024 results on Feb 21, 2025 Announcement • Apr 26
Scout Gaming Group AB (publ), Annual General Meeting, May 23, 2024 Scout Gaming Group AB (publ), Annual General Meeting, May 23, 2024, at 10:00 Central European Standard Time. Location: Stora Gatan 46 Sigtuna Sweden Agenda: To consider the approval of the profit and loss account and the balance sheet as well as the consolidated profit and loss account and the consolidated balance sheet; to consider the allocation of the Company’s result in accordance with the adopted balance sheet; and to consider other matters. Reported Earnings • Feb 28
Full year 2023 earnings released: kr0.18 loss per share (vs kr0.57 loss in FY 2022) Full year 2023 results: kr0.18 loss per share (improved from kr0.57 loss in FY 2022). Revenue: kr31.0m (up 21% from FY 2022). Net loss: kr41.1m (loss narrowed 36% from FY 2022). Announcement • Feb 01
Scout Gaming Group AB (publ) to Report Fiscal Year 2023 Final Results on Apr 25, 2024 Scout Gaming Group AB (publ) announced that they will report fiscal year 2023 final results on Apr 25, 2024 Reported Earnings • Nov 19
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: kr6.32m (down 4.7% from 3Q 2022). Net loss: kr5.82m (loss narrowed 67% from 3Q 2022). New Risk • Oct 06
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-kr62m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 11% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 9x increase in shares outstanding). Market cap is less than US$10m (€8.18m market cap, or US$8.67m). Minor Risk Revenue is less than US$5m (kr31m revenue, or US$2.8m). Reported Earnings • Aug 20
Second quarter 2023 earnings released: kr0.17 loss per share (vs kr1.07 loss in 2Q 2022) Second quarter 2023 results: kr0.17 loss per share. Revenue: kr9.49m (up 125% from 2Q 2022). Net loss: kr37.3m (loss widened 55% from 2Q 2022). Reported Earnings • May 26
First quarter 2023 earnings released First quarter 2023 results: Revenue: kr6.52m (down 40% from 1Q 2022). Net income: kr7.02m (up kr26.7m from 1Q 2022). Reported Earnings • Mar 05
Full year 2022 earnings released: kr2.67 loss per share (vs kr3.34 loss in FY 2021) Full year 2022 results: kr2.67 loss per share (improved from kr3.34 loss in FY 2021). Revenue: kr25.6m (down 51% from FY 2021). Net loss: kr60.1m (loss narrowed 16% from FY 2021). Reported Earnings • Nov 19
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: kr6.64m (down 46% from 3Q 2021). Net loss: kr17.5m (loss widened 47% from 3Q 2021). Announcement • Nov 19
Scout Gaming Group AB (publ) Reports Group and Parent Impairment Charges for the Third Quarter Ended September 30, 2022 Scout Gaming Group AB (publ) reported group and parent impairment charges for the third quarter ended September 30, 2022. For the quarter, on group basis, the company reported impairment of property, plant and equipment of SEK 3,335,000 against SEK 2,885,000 a year ago.For the quarter, on company basis, the company reported impairment of property, plant and equipment of SEK 3,000 against SEK 3,000 a year ago. Board Change • Nov 16
No independent directors There are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Director Hans Isoz is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Announcement • Nov 02
Scout Gaming Group AB (publ), Annual General Meeting, May 30, 2023 Scout Gaming Group AB (publ), Annual General Meeting, May 30, 2023. Reported Earnings • Aug 20
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: kr4.32m (down 69% from 2Q 2021). Net loss: kr27.3m (loss widened 61% from 2Q 2021). Announcement • Aug 03
Scout Gaming Group Launches with Bet365 Scout Gaming Group launched Fantasy Sport product with bet365. The launch includes 120+ markets throughout the world, more than 20 localized versions and languages, and a wide range of Fantasy sports based products which Scout Gaming Group makes available to it's partners. bet365 is the world's favourite online sports betting brand. Founded in 2000, the group employs over 6,000 people and has over 80 million customers worldwide. Fantasy Sports is a product with seasonality and is new in many of the markets where it is now being launched. SGG believes that there will be a run-in period, but a reasonable assumption is that over time the partnership will create the potential to significantly affect the company's future revenue and results. Announcement • Jun 02
Scout Gaming Group AB (publ) Appoints Niklas Braathen as Board Member At the annual general meeting of Scout Gaming Group AB (publ), on May 31, 2022 the AGM adopted, that the board for the time until the end of the next annual general meeting shall consist of ordinary member: Niklas Braathen (chairman of the board). Niklas Braathen has previously had many Board assignments both with public and non-public companies, such as Chairman of the Board for the gaming company Enlabs. Reported Earnings • May 26
First quarter 2022 earnings released First quarter 2022 results: Revenue: kr12.0m (down 10% from 1Q 2021). Net loss: kr19.6m (loss widened 112% from 1Q 2021). Board Change • Apr 27
No independent directors There are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. No independent directors (5 non-independent directors). Director Carla Vella is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Reported Earnings • Mar 12
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: kr3.24 loss per share (down from kr3.11 loss in FY 2020). Revenue: kr56.6m (up 37% from FY 2020). Net loss: kr72.9m (loss widened 34% from FY 2020). Revenue was in line with analyst estimates. Reported Earnings • Aug 28
Second quarter 2021 earnings released The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: kr13.9m (up 123% from 2Q 2020). Net loss: kr17.0m (loss narrowed 2.9% from 2Q 2020). Recent Insider Transactions • Jun 27
Chief Product Officer recently bought €11k worth of stock On the 18th of June, Andreas Sundal bought around 4k shares on-market at roughly €3.07 per share. In the last 3 months, they made an even bigger purchase worth €34k. Insiders have collectively bought €90k more in shares than they have sold in the last 12 months. Reported Earnings • May 19
First quarter 2021 earnings released The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: kr13.4m (up 54% from 1Q 2020). Net loss: kr9.26m (loss narrowed 5.6% from 1Q 2020). Announcement • Mar 19
Scout Gaming Launches DFS Product with Betsson Scout Gaming has launched their fantasy sports product with Betsson. Players in Brazil are now given the chance to experience Daily Fantasy. Scout Gaming operates one of the biggest networks of pooled daily fantasy sports, allowing players to compete for the larger prize pools.
Players will be offered two types of daily fantasy sports game, free-to-play and fixed buy-in which has bigger prizes available. Reported Earnings • Feb 28
Full year 2020 earnings released: kr2.66 loss per share (vs kr3.59 loss in FY 2019) The company reported a solid full year result with improved revenues and control over costs, although losses increased. Full year 2020 results: Revenue: kr46.9m (up 131% from FY 2019). Net loss: kr54.6m (loss widened 4.6% from FY 2019). Announcement • Feb 22
Scout Gaming Signs Agreement with AB Trav & Galopp Scout Gaming has entered into an agreement with AB Trav & Galopp. The companies have agreed to jointly launch Scout Gaming's DFS product on ATG.se with a soft launch aimed at the second quarter 2021, followed by a wider marketing push in the third quarter, in time for the start of English Premier League and other major European sport leagues. ATG is owned by the Swedish trotting and thoroughbred associations and was the exclusive provider of horse betting on the Swedish market from 1974 until the end of December 2018. When the Swedish market re-regulated in 2019 the company was able for the first time to expand into other product verticals such as sports betting and casino. ATG has since quickly proven to be successful in what is a highly competitive online gaming market - having held the largest market share of the total gaming market in 2019 and engaged over 1.3 million customers in the Swedish gaming market. This is the first time a major leading operator launches Scout Gaming's DFS product on the Swedish market. Is New 90 Day High Low • Feb 16
New 90-day high: €5.32 The company is up 18% from its price of €4.49 on 18 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is up 10.0% over the same period. Announcement • Jan 29
Scout Gaming Group Launches Spring Championship of Online Fantasy Football for the Second Consecutive Year Scout Gaming Group launched Spring Championship of online fantasy football with a total prize of EUR 500,000, in the entire Scout Gaming Network (SGN). The tournament will be available on Fanteam.com and in SGN shortly. Just as last year, the tournament is scheduled to take place in connection to game week 37 and game week 38 in the Premier League, during mid May. The buy-in will be EUR 1,100, but there will be plenty of opportunities for users to qualify through satellites that start with buy in as low as EUR 0.5, were to first prize is set to EUR 100,000. The Spring Championship is a dual game week event played daily fantasy-style, on 2 separate game weeks for the English Premier League: GW 37 & GW 38. Participants in the tournament will get to pick a brand new daily fantasy team each of the game weeks, with the normal Scout Gaming daily fantasy rules. Points for both game weeks will then be added together, and the final ranking will be decided based on that. Announcement • Jan 21
Scout Gaming Launches New Jackpot Tipping Game Scout Gaming has launched an additional product to their award-winning portfolio. The Pick'em Jackpot game
combines traditional sports knowledge with a jackpot. In the Pick'em Jackpot game, players are required to pick the outcome in a given set of matches (home or away team victory, draw) along with predicting the jackpot trigger match score - players will receive a prize if the outcome was predicted correctly. For example, if there are 13 matches which is a default number, players will have to guess correctly in 13, 12, 11, or 10 matches to get a prize. If a player has all correct outcomes including the correct predicted match result for the jackpot game, the player has qualified for the jackpot. Announcement • Nov 06
Scout Gaming Signs Deal with Meridianbet Scout Gaming has entered into an agreement with one of the market leading operators in the Balks, Meridianbet giving Meridiaianbet access to Scout Gamings entire product portfolio. The agreement will see Scout Gamings product launched in the Balkans for the first time, through Meridianbets chain of retail outlets in Serbia, Montenegro and Bosnia & Hercegovina - as well as online. Integration is expected to start during November and the product is expected to be rolled out during the beginning of next year. Announcement • Sep 22
Scout Gaming Signs Distribution Deal with BtoBet Scout Gaming has entered into an agreement with platform provider BtoBet, for the provision of Scout Gaming's software towards its vast network of operators. The deal allows BtoBet to provide Scout Gaming's full product offering to its vast network of operators. The Scout Gaming software is already integrated to BtoBet's platform through a currently commonly live client, hence Scout Gaming's software is immediately available to third parties operating on the BtoBet Neuron3 platform.