Bugbear Entertainment

THQ Nordic Q4 2018 Interim Report

The THQ Nordic Q4 2018 Interim Report details a period of significant financial expansion and strategic growth for the gaming group.

• THQ Nordic experienced massive financial growth in 2018, with Q4 net sales reaching SEK 1,381 million (a 441% year-over-year increase) and full-year sales hitting SEK 4,124 million (a 713% increase).
• The company reported a Q4 EBITDA of SEK 326 million, reflecting an EBITDA margin of 24%.
• The group adopted 'Operational EBIT' as a new primary KPI to better reflect underlying performance by excluding acquisition-related amortization costs.