Starbreeze sales and profits are down in the third quarter

Today, The Walking Dead of Overkill is released on PC. A game like Starbreeze has high hopes. It was said that the reception was hot – the game tops the sales list on the Steam gaming platform. In turn, stocks rushed to the stock market. At 11:30 am, they increased by 22%.

This is despite the fact that the gaming studio 's business figure declined in the third quarter compared to the same period last year. Sales amounted to 33.9 million SEK compared to 77.7 million last year. This is a decrease of 56.

Operating profit amounted to SEK -87.4 million, compared with -39 million last year.

Sales at Swedish gaming studios were halved compared to the same period last year. Today, the game is out, hoping to give Starbreeze the wind in the sails. at

The company's CEO, Bo Andersson Klint, wrote in a comment that during the quarter, you had almost received only Payday gains, which meant you expected to see negative results as expected.

"Our goal is to be ebitda positive as of the next quarter, and then annually.Today, we are making our biggest launch since Payday 2 released more than five years ago," said Bo Andersson Klint.

"The Overkill's The Walking Dead is an important launch for Starbreeze, which we are obviously focused on at the moment, and the game is the first to launch the eight major games we've invested to make Starbreeze a staple. great and successful gaming company. "

The payday was 20.9 million Swedish kroner (24.4). Compared to the previous year, Starbreeze did not generate any revenue for Dead City Daylight. Starbreeze Indian Studio Dhruva generated external revenue of 8.8 million SEK (0.0).

The launches of the games in which it is now invested and the continued development of new games should be very busy over the next two years. The goal of generating more than two billion Swedish kroner in 2020 is repeated.

Gross profit amounted to -45.1 million SEK (-1.6).

The EBITDA result amounted to -37.9 million SEK (-21.9).

Profit before tax was -102.3 million SEK (-35.3).

Profit after taxes was high at -85.1 million SEK (-31.7).

Earnings per share closed at -0.26 SEK (-0.11).