Embracer Group also released her financial report. According to the results of the first quarter, the holding remained with a pure loss, and the debt to creditors increased to $ 1.6 billion .
The net sales volume per quarter, ending on June 30, amounted to $ 754 million, which is lower than last year’s result by 24 %. Pure loss has sucked, but not so much – 210 million dollars versus 219.4 million a year earlier.
All business areas Embracer In the first quarter, a negative trend was demonstrated. Nevertheless, table fun has shown themselves best for the specified period – the revenue of this segment exceeded $ 290 million (drop by 5 %). In second place were video games again, which had 253.3 million dollars of income – a decrease by 34 %. The mobile segment (132 million dollars; falling by 3 %) and the entertainment and services ($ 80.5 million, falling 54 %) were located.
If we consider interactive entertainment for PCs https://gamblingsitesnotongamstop.co.uk/review/bubbles-bet/ and consoles separately, only 14 million from the mentioned 253 million bucks. The result below last year by 91 %! All because the Dead Island 2, sold by a million circulation in three days, was released a year earlier. In the past quarter Embracer There is nothing special to boast – we went out Homeworld 3, Motogp 24, Gigantic: Rampage Edition And ODDSPARKS: An Automation Adventure. The holding did not share their sales, so we can assume that they are not impressive. Hence the difference in revenue. But in the holding they were ready for this.
If you remove the explosion zombie from the equation, the game segment has grown by 15 % in the first quarter. All thanks to the success of additional content for Deep Rock Galactic, Remnant II And Dead Island 2.
The process of dividing the group into three independent companies "moves according to the plan". Recall, on the spot Embracer Formed Asmodee, Coffee Stain & Friends And Middle-Earth Enterprises & Friends. The names can still change. The publisher Asmodee – He will go to the exchange until the end of the year.
Turners from the backing of the backing catalog increased in the first quarter by 5 % in annual terms. The most popular similar games are included Remnant II, Dead Island 2, Star Trek Online, Deep Rock Galactic, Neverwinter Online, Welcome to Bloxburg, Kingdom Come Deliverance, Marvel’s Guardians of the Galaxy, South Park: Snow Day! And AEW: Fight Forever.
To the main releases of the current fiscal year Embracer I took it Killing Floor 3, Disney Epic Mickey: Rebrushed, Hyper Light Breaker, Metro: AWAKENING, Gothic Remake, Titan Quest II And Kingdom Come: Deliverance II. The latter, by the way, received a new release date – February 11.
Embracer I am confident in my line of products for the financial year. According to the General Director of the Holding Lars Wingefors (LARS WINGEFORS), the company will be able to issue projects of even higher quality thanks to the "updated process of capital distribution".
