In the fourth quarter of 2020, Modern Times Group (MTG) generated a net income of 66 million Swedish kronor. In the past two years, the eSports and online gaming entertainment company based in Sweden recorded mainly negative results. However, in the final quarter of 2020, the company recorded a profit for the first time since the third quarter of 2018.
Modern Times Group is one of the largest enterprises in online gaming and eSports entertainment. Its brands comprise the eSports company Turtle Entertainment, including the gaming technology and event service ESL, as well as the eSports tournament and gaming convention company DreamHack.
Net profit or loss of Modern Times Group from 3rd quarter 2018 to 4th quarter 2020
(in million SEK)
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Modern Times Group. (February 25, 2021). Net profit or loss of Modern Times Group from 3rd quarter 2018 to 4th quarter 2020 (in million SEK) [Graph]. In Statista. Retrieved May 16, 2022, from https://www.statista.com/statistics/548904/profit-of-modern-times-group/
Modern Times Group. "Net profit or loss of Modern Times Group from 3rd quarter 2018 to 4th quarter 2020 (in million SEK)." Chart. February 25, 2021. Statista. Accessed May 16, 2022. https://www.statista.com/statistics/548904/profit-of-modern-times-group/
Modern Times Group. (2021). Net profit or loss of Modern Times Group from 3rd quarter 2018 to 4th quarter 2020 (in million SEK). Statista. Statista Inc.. Accessed: May 16, 2022. https://www.statista.com/statistics/548904/profit-of-modern-times-group/
Modern Times Group. "Net Profit or Loss of Modern Times Group from 3rd Quarter 2018 to 4th Quarter 2020 (in Million Sek)." Statista, Statista Inc., 25 Feb 2021, https://www.statista.com/statistics/548904/profit-of-modern-times-group/
Modern Times Group, Net profit or loss of Modern Times Group from 3rd quarter 2018 to 4th quarter 2020 (in million SEK) Statista, https://www.statista.com/statistics/548904/profit-of-modern-times-group/ (last visited May 16, 2022)