Hacksaw AB Overview
Pro stress-test →Hacksaw AB is a B2B iGaming technology platform and game development company that creates digital slots, scratch cards, and instant win games for licensed operators worldwide. The company also operates a proprietary Remote Gaming Server (RGS) platform serving customers across regulated markets.
Strategic Profile
Pro stress-test →Following its June 2025 IPO on Nasdaq Stockholm at a €2 billion valuation, Hacksaw has emerged as a major iGaming supplier positioned in the large-cap segment. The company demonstrates strong profitability with 82% EBITDA margins and exceptional growth momentum, having achieved 104% revenue growth in 2024 versus 2023.
Competitive Landscape
Pro stress-test →Hacksaw competes in the B2B iGaming software supply sector alongside platforms like GiG Software. The company differentiates through comprehensive game portfolio (slots, scratch cards, instant wins), proprietary RGS technology, and proven ability to serve both regulated private and state-owned operators across multiple jurisdictions including Sweden and Czech Republic.
Industry Context
Hacksaw AB operates in iGaming Software & Game Development / B2B Gaming Technology.
Key facts
Founded: 2017 · Headquarters: Stockholm, Sweden · Employees: 254 (as of Feb 2026) · Revenue: €137.1M (2024); ~598M SEK (Q4 2024) · Market cap: ~16.41B SEK (€1.5B-€2B range)