THQ

THQ Nordic Interim Report: 1 January - 30 September 2018

THQ Nordic experienced a period of transformative growth during the first nine months of 2018, characterized by aggressive corporate expansion and a substantial increase in operational scale.

• Net sales for the first nine months of 2018 surged to SEK 2,743 million, a significant increase from the SEK 252 million recorded during the same period in 2017.
• Third-quarter net sales grew by 1,403% to SEK 1,272.7 million, while EBIT increased by 278% to SEK 90.8 million.
• The company significantly scaled its operations through the acquisitions of Koch Media and HandyGames, resulting in a portfolio of over 400 products and 55 active development projects.

THQ Nordic Q2 2018 Interim Report

The THQ Nordic Q2 2018 interim report details a period of significant financial expansion and strategic growth for the gaming group.

• THQ Nordic achieved net sales of SEK 837 million in Q2 2018, an 878% year-over-year increase driven by the consolidation of Koch Media.
• EBITDA rose 421% year-over-year to SEK 207 million, supported by a dual-segment business model encompassing internal game development and partner publishing.
• The company raised SEK 1,448 million through a June 2018 share issue and secured €85 million in new credit facilities to fund future acquisitions of IP and studios.

THQ Nordic AB Interim Report: 1 January - 30 June 2018

THQ Nordic AB experienced a period of transformative growth during the first half of 2018, characterized by aggressive expansion and a fundamental shift in its operational scale.

• THQ Nordic AB reported a 778% surge in net sales to SEK 1,470.4 million for the first half of 2018, driven primarily by the acquisition of Koch Media.
• EBIT increased by 157% to SEK 159.8 million during the six-month period ending June 30, 2018.
• The company raised SEK 1,448 million through a directed share issue of 7.7 million Class B shares to fund its development pipeline and operational infrastructure.

THQ Nordic Interim Report: 1 January - 31 March 2018

THQ Nordic achieved substantial financial expansion during the first quarter of 2018, characterized by a 673 percent increase in net sales to SEK 633 million compared to the same period in the previous year.

• THQ Nordic reported a 673% increase in net sales to SEK 633 million for Q1 2018, driven primarily by the acquisition and consolidation of Koch Media.
• The company achieved an operating profit of SEK 107.3 million and a net profit of SEK 81.1 million during the first quarter of 2018.
• THQ Nordic maintains a development pipeline of 54 active projects, consisting of 19 publicly announced titles and 35 unannounced projects.

THQ Nordic Annual Report 2017

THQ Nordic experienced a transformative fiscal year in 2017, characterized by aggressive expansion and a refined focus on intellectual property acquisition.

• THQ Nordic acquired Koch Media in early 2018 for an enterprise value of EUR 121 million, significantly expanding its portfolio with major franchises including Saints Row, Dead Island, and Metro.
• The company achieved net sales of SEK 507.5 million and an operating profit of SEK 188.2 million in 2017, yielding a strong EBIT margin of 37 percent.
• By the end of 2017, the company managed a portfolio of 91 franchises and maintained a pipeline of 36 active development projects.

THQ Nordic AB (publ) Acquires Koch Media: Investor Presentation

THQ Nordic AB’s acquisition of Koch Media, finalized in February 2018 for a total consideration of EUR 121 million, serves to significantly scale the company’s European presence and intellectual property portfolio.

• THQ Nordic acquired Koch Media in February 2018 for a total consideration of EUR 121 million, paid via EUR 82 million in cash, EUR 9.5 million in shares, and the assumption of debt-free liabilities.
• The acquisition significantly expands THQ Nordic’s portfolio to 106 intellectual properties, including major franchises such as Saints Row, Dead Island, and a long-term exclusive license for the Metro series.
• The combined entity operates with 10 internal development studios, 26 external studios, and a total workforce of 1,643 employees.

THQ Nordic Q4 2017 Interim Report

THQ Nordic experienced substantial financial growth during the fourth quarter of 2017, characterized by a 99% increase in net sales and a 102% rise in EBIT compared to the same period in 2016.

THQ Nordic AB Year-End Report: 1 January - 31 December 2017

THQ Nordic achieved substantial financial expansion throughout the 2017 fiscal year, characterized by a 99 percent increase in fourth-quarter net sales to SEK 255 million and an annual net sales total of SEK 507.5 million.

THQ Nordic Interim Report: 1 January - 30 September 2017

THQ Nordic experienced significant financial expansion during the first nine months of 2017, characterized by a 45 percent increase in net sales to SEK 252.1 million and an operating profit of SEK 86.2 million.

• THQ Nordic achieved a 45 percent increase in net sales to SEK 252.1 million and an operating profit of SEK 86.2 million during the first nine months of 2017.
• The company raised SEK 598 million through a directed share issue to fund the scaling of its development operations.
• Strategic acquisitions of Black Forest Games and Pieces Interactive were completed to support a pipeline of 29 active development projects.

THQ Nordic Company Presentation: September 2017

THQ Nordic operates as a global video game publisher and developer with a core business model centered on the acquisition of intellectual property (IP) and the subsequent enhancement of those assets.

• THQ Nordic’s business model centers on acquiring and revitalizing intellectual property, managing a portfolio of approximately 85 franchises and over 270 games as of September 2017.
• The company experienced rapid financial growth in the first half of 2017, with net sales and EBIT more than doubling compared to the same period in 2016.
• Digital distribution has become the primary revenue driver, accounting for 69% of net sales by the second quarter of 2017.

THQ Nordic AB Interim Report: 1 January - 30 June 2017

THQ Nordic achieved substantial financial expansion during the first half of 2017, characterized by a 75 percent increase in net sales to SEK 167.5 million and an operating profit of SEK 62.2 million.

• THQ Nordic reported a 75% increase in net sales to SEK 167.5 million and an operating profit of SEK 62.2 million for the first half of 2017.
• Existing intellectual properties are the primary revenue driver, with 77% of quarterly sales generated from the company's back-catalogue, including franchises like Darksiders.
• The company maintains a balanced revenue model with an even split between physical and digital distribution channels.

THQ Nordic Interim Report: 1 January - 31 March 2017

THQ Nordic’s interim report for the first quarter of 2017 highlights a period of significant financial growth and operational expansion.

• THQ Nordic achieved a 90% increase in net sales to SEK 81.9 million and a 125% rise in operating profit (EBIT) to SEK 31.9 million for Q1 2017.
• Owned intellectual property drove the company's financial performance, accounting for 67% of total net sales during the quarter.
• The company is scaling its development pipeline, managing 32 active projects across four in-house studios to prepare for major sequels later in the year.