Starbreeze - Swedish game developer known for PAYDAY games

@christoffer.jennel has given his preliminary comments as Starbreeze reports its Q3 results next week on Tuesday. :slight_smile:

*The quarter is dominated by the announced termination of Project Baxter, which leads to a non-cash impairment charge of approximately 255 MSEK, significantly impacting the reported Q3 result. Without the impairment, we expect the adjusted operating profit to be approximately -4 MSEK, which represents an improvement from the previous year, driven by higher expected revenues and lower normalized depreciations. Revenue growth (37% y/y) is expected to be mainly due to KRAFTON’s work-for-hire partnership, but we also expect growth in PAYDAY-related revenues thanks to the acquisition of full publishing rights. Following the strategic shift to fully focus on the PAYDAY franchise, we are closely monitoring the progress of implementation, the PAYDAY (3

2 Likes