Embracer Group AB secures an unsecured multicurrency revolving credit facility of SEK 6 0 billion finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
– Allarity raises SEK 102.8 million before issue costs to further finance the development of three high-priority pipeline programs – The Rights Issue of.
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In this report, all figures in brackets refer to the corresponding period of the previous year, unless otherwise stated.
CEO Comments
STABLE QUARTER WITH 85% ORGANIC GROWTH
The Group had another stable quarter. We are humbled to report record financial performance, both for the quarter and the financial year 2020/21. Our strategy to build a diverse business that stands on many revenue streams driven by a diverse portfolio of development is increasingly paying off.
The quarter was driven by the release of Valheim, selling more than 6.8 million copies during the period. This truly amazing game continues to find new players globally and we expect another 1.0-1.2 million copies to be sold before the close of the current quarter ending June. Group net sales increased by 80% to SEK 2,404 million (1,339) with the Games business area contributing SEK 1,975 million (904) driven by 85% organic constant currency (CCY) growth. The proforma CCY growth in the quarter is estimated to 61%. O
Invitation to presentation of Embracer Group s Q4 and Year End Report
STOCKHOLM, May 12, 2021 /PRNewswire/ Embracer Group hereby invites you to a presentation in connection with the publication of the Year End Report for the fiscal year 2020/2021 and the interim report for the fourth quarter, the period January-March 2021. The report will be published at 06.00 (CET) on May 20th and available as of this time at
www.embracer.com
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The presentation will be held in English by CEO Lars Wingefors and CFO Johan Ekström, and afterwards a Q&A session, led by analyst Oscar Erixon from Carnegie, will follow.
Covid-19
Embracer Group acquires Appeal Studios, KAIKO, Massive Miniteam and FRAME BREAK
STOCKHOLM, May 11, 2021 /PRNewswire/
Embracer Group AB ( Embracer ) through its subsidiaries THQ Nordic GmbH and Amplifier Game Invest AB have entered into four acquisition agreements to acquire 100% each of Appeal Studios S.A., KAIKO GmbH, Massive Miniteam GmbH and FRAME BREAK AB. In addition, THQ Nordic is today also announcing that it has founded Gate 21 in Bosnia and Herzegovina. The aggregated day one purchase price for all four acquisitions amounts to approximately SEK 71 million on a cash and debt free basis.
THQ Nordic has made the following acquisitions:
Appeal Studios