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Lightyear Frontier Headed to Xbox Series X
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Embracer Group AB secures an unsecured multicurrency revolving credit facility of SEK 6 0 billion
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20
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
Red Faction Guerrilla Re-Mars-tered and
Darksiders: Warmastered, and Appeal is a Belgium-based studio currently developing an unannounced open-world adventure title.
Along with those acqusitions. Embracer has also established a new office called Gate21 in Bosnia and Herzegovina under the THQ Nordic umbrella. The company said the new opening will enable THQ Nordic GmbH to have world-class 3D characters using the most advanced character and facial rigs in development projects.
Embracer said the deals represent valuable bolt-on acquisitions that will expand the capabilities of its THQ Nordic and Amplifier Games Invest units and specifically strengthen its developer footprint in Europe.
The quartet of acquisitions means Embracer now owns and operates 68 internal studios in over 40 countries, including
Red Faction Guerrilla Re-Mars-tered and
Darksiders: Warmastered, and Appeal is a Belgium-based studio currently developing an unannounced open-world adventure title.
Along with those acqusitions. Embracer has also established a new office called Gate21 in Bosnia and Herzegovina under the THQ Nordic umbrella. The company said the new opening will enable THQ Nordic GmbH to have world-class 3D characters using the most advanced character and facial rigs in development projects.
Embracer said the deals represent valuable bolt-on acquisitions that will expand the capabilities of its THQ Nordic and Amplifier Games Invest units and specifically strengthen its developer footprint in Europe.
The quartet of acquisitions means Embracer now owns and operates 68 internal studios in over 40 countries, including
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