Cherry’s strategy is to create, own and develop rapidly expanding and profitable companies in gaming, media and entertainment operations. Our ambition is to develop strong and strategic partnerships by retaining the founders and senior executives who have continued to be active in the organisation.

Foresight, innovation, fresh thinking, organic growth and creation of value are principles guiding the construction and development of the diversified business areas. We have a long-term investment model in the assets and support the business areas as they grow. We endeavor to be a market-leading player in every individual business area in which we operate, while continuously looking for and exploring new business opportunities.

Cherry Group

Financial performance

  Q2   Jan-Dec
MSEK 2018 2017 ∆% 2017
Revenue 753 536 40% 2,251
EBITDA 165 93 78% 429
EBITDA-margin 22% 17% 19%
EBIT 126 60 111% 295
Cherry Group        
2,017 2,018
MSEK Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2
Revenue 191.7 214 519.4 541.4 535.8 567.3 607.3 680.7 753.0
EBITDA-margin, % 7.7 14.5 20.5 15.3 17.3 19.8 23.3 28.2 21.9

ComeOn – one of the leading operators in the Nordics

ComeOn is a leading company in the rapidly expanding online gaming market on mobile, tablet and desktop. ComeOn’s offering includes well-known brands, mainly in online casino and sports betting.

Market leader in gaming platforms

XCaliber is our new business area for B2B with thorough technical expertise and great development potential that creates new revenue streams for Cherry.