Modern Times Group Reports Further Growth of Esports Revenues, $1.5B Net Income for 2019

Modern Times Group reported a net income of kr14.4B SEK ($1.5B USD) for the full financial year 2019, up from kr1.2B ($125M) in 2018, while it realized a net loss of kr207M ($21.6M) during Q4. For the Q4 period, Modern Times Group recorded net sales growth of 15% to kr1.16B ($121M), up from kr1.01B ($105M) […]