Hacksaw Gaming has reported significant growth for both Q4 and full-year 2025 revenue, at 26% year-on-year (YoY) and 44%, respectively.
Total revenue for October to December 2025 stood at €55.1m (£48m), while for the same period in 2024 it reached €43.7m.
Adjusted EBITDA leapt from €35.9m to €46.3m, while the group’s adjusted operating profit for Q4 jumped 28% YoY to €45m.
Profit for the final three months of the year amounted to €42m, up from €32.9m in 2024.
Hacksaw Gaming said 8% of its GGR came from its leading game, while its top 10 performing games accounted for 43% of group GGR.
The supplier’s games, of which it offers 293, are available in more than 35 locally licensed markets. Average daily number of rounds shot up 36% YoY.
On a full-year basis, revenue was €197.5m compared to €137.1m in 2024.
Breaking down 2025 GGR by geography, 58% came from EMEA, 21% in the Americas and 22% in APAC.
The supplier listed on Nasdaq Stockholm in June last year. Its share price opened at SEK55.4 (£4.54) this morning, 17 February, down from a high of SEK78.5 on 4 November.
The supplier named Mikael Rahm as its new CFO, effective from 1 January, replacing Per Alnefelt in the process.
Christoffer Källberg, Hacksaw Gaming CEO, said: “As we round off 2025, we look back on a year with high growth and maintained high margin, and in all a very successful year for Hacksaw.
“We demonstrated strong execution capacity both in the development of new games and in the monetisation of these games, leading to a 44% growth in revenue to €197m, 48% adjusted for currency movements.
“The high growth achieved during all four quarters, all of which is organic, is a result of a combination of a strong performance from or back catalogue of games, successful new game releases and new deals.”
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The post Hacksaw Gaming posts 44% growth in first full-year report since listing first appeared on EGR Intel.
Supplier attributes increases in revenue for both Q4 and full-year 2025 to its strong catalogue of games, new releases and deals
The post Hacksaw Gaming posts 44% growth in first full-year report since listing first appeared on EGR Intel.