Comment from CEO Leif Evander Andersson:
"In Q3 2025, we delivered continued stable growth, excluding currency effects, and strengthened our financial position, while the launch on Steam and our AI and product initiatives marked the beginning of a more scalable and commercially powerful phase for Entropia Universe. With a clear strategy and a strong innovation agenda, we enter the final quarter of the year with great confidence"

Reporting period
The report covers the period July 1 – September 30, 2025 ("Q3") and January 1 – September 30, 2025.

July 1 – September 30, 2025
Comparative figures in parentheses refer to the same period last year.

• Turnover amounted to 19.9 MSEK (19.4 MSEK)
• Capitalized work amounted to 5.8 MSEK (5.4 MSEK)
• Operating profit amounted to -516 TSEK (-87 TSEK)
• Profit before tax amounted to 171 TSEK (1.1 MSEK)
• Cash & cash equivalents including short-term investments 24 MSEK
• The company has no interest-bearing liabilities
• Provision for unconsumed user holdings 30.6 MSEK
• Earnings per share for the period amounted to 0.01 SEK (0.05 SEK)

January 1 – September 30, 2025
Comparative figures in parentheses refer to the same period last year.

• Turnover amounted to 58.4 MSEK (66.9 MSEK)
• Capitalized work amounted to 15.9 MSEK (15.4 MSEK)
• Operating profit amounted to -3 MSEK (6.5 MSEK)
• Profit before tax amounted to 3.4 MSEK (6.9 MSEK)
• Cash & cash equivalents including short-term investments 24 MSEK
• The company has no interest-bearing liabilities
• Provision for unconsumed user holdings 30.6 MSEK
• Earnings per share for the period amounted to 0.10 SEK (0.13 SEK)

Significant events during Q3
On July 22, 2025, Entropia Universe was launched on Steam, a digital distribution platform and online service for computer games with over 100 million active users.

Significant events after the end of the reporting period
No significant events have occurred after the end of the reporting period.

Financial reports
The Company''s financial statements, including the forthcoming report, are available on the Company''s website, www.mindark.se/investor-relations/financial-reports/. It is available in a Swedish and an English version.

Auditor

This financial statement has not been reviewed by the Company’s auditor.

Financial calendar

Interim report Q4, 2025                February 27, 2026

Interim report Q1, 2025                May 28, 2026

This disclosure contains information that Mindark PE AB is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 28-11-2025 08:00 CET.

For more information, please contact:

Gunilla Krogh
CFO, MindArk PE AB (publ)
gunkro@mindark.com
Tel: +46 31 607 260
MindArk PE AB (publ) 
Org. nr. 556640-4769
Masthamnsgatan 5
413 29 Gothenburg
www.mindark.com