Here are Jennel’s previews as Starbreeze reports its Q1 results next Tuesday 
We expect a significant year-on-year decline in revenue and profitability, primarily due to the conclusion of the KRAFTON work-for-hire arrangement and ongoing engagement challenges with PAYDAY 3 (“PD3”). Although the company recently announced strategic partnership agreements regarding VR transmedia adaptations and Roblox, we consider the short-term financial impact to be limited. In the report, we are looking for qualitative comments on these new partnerships, as well as updates on execution and the outlook for stabilizing PD3’s performance and achieving positive cash flow, as Starbreeze navigates a period of weakened visibility in its work-for-hire pipeline.