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THQ

Company

Documents about THQ

Cover of THQ Nordic Annual Report 2016
Financial report52 pages

THQ Nordic Annual Report 2016

THQ Nordic achieved significant financial and operational expansion during 2016, marked by a successful initial public offering on the Nasdaq First North Stockholm exchange.

  • THQ Nordic achieved a 42 percent increase in net sales to 301.9 million SEK and a total profit of 71.9 million SEK during the 2016 fiscal year.
  • The company successfully completed an IPO on the Nasdaq First North Stockholm exchange, raising 223 million SEK in capital alongside a new 100 million SEK credit facility.
  • The business model relies on a portfolio of 79 owned brands and over 200 titles, utilizing a three-step strategy of distribution expansion, asset remasters, and franchise sequels.
THQ NordicApr 2017
Cover of THQ Nordic Year-End Report: 2016
Financial report15 pages

THQ Nordic Year-End Report: 2016

THQ Nordic achieved significant financial growth during the 2016 fiscal year, characterized by a 42% increase in net sales to SEK 301.9 million.

  • THQ Nordic achieved a 42% increase in annual net sales to SEK 301.9 million, with owned intellectual property accounting for 71% of that revenue.
  • The company maintained strong profitability with an annual EBIT of SEK 95.0 million, representing a 31% margin.
  • The company’s IPO on Nasdaq First North Stockholm was 19 times oversubscribed, providing significant capital for future acquisitions and development.
THQ NordicFeb 2017
Cover of THQ Nordic AB Interim Report: 1 January - 30 September 2016
Financial report15 pages

THQ Nordic AB Interim Report: 1 January - 30 September 2016

THQ Nordic AB experienced significant financial expansion during the first nine months of 2016, characterized by a 52 percent increase in net sales to SEK 173.7 million compared to the same period in the previous year.

  • THQ Nordic AB achieved a 52 percent increase in net sales to SEK 173.7 million for the first nine months of 2016 compared to the same period in 2015.
  • The company reported an operating profit of SEK 44.4 million and an EBITDA of SEK 71.6 million for the reporting period.
  • Financial growth was driven by an asset care strategy focused on revitalizing existing intellectual property and the commercial success of titles including Titan Quest Anniversary Edition and This is the Police.
THQ NordicOct 2016
Cover of The Warhammer 40k License - A Total Change of Strategy - Extra Credits
8 min
Extra Credits8 min

The Warhammer 40k License - A Total Change of Strategy - Extra Credits

Games Workshop has undergone a fundamental shift in its video game licensing strategy, moving from an exclusive, high-quality partnership model to a broad, decentralized approach.

  • Games Workshop shifted from a model of exclusive, high-budget partnerships—historically held by companies like SSI Mindscape and THQ—to a decentralized 'shotgun' licensing strategy.
  • The current strategy involves licensing specific segments of intellectual property to numerous developers simultaneously to flood the market with a high volume of diverse titles.
  • This approach functions as a marketing vehicle for the core tabletop business, effectively offloading advertising costs to third-party developers.
Extra CreditsJun 2016
Cover of Ubisoft Annual Report 2013
Financial report227 pages

Ubisoft Annual Report 2013

The Ubisoft Annual Report for the 2012-2013 fiscal year details a period of significant financial expansion and strategic transition.

UbisoftAug 2013
Cover of Sega Sammy Holdings Summary of 3rd Quarter Results for FY Ending March 2013
Financial report4 pages

Sega Sammy Holdings Summary of 3rd Quarter Results for FY Ending March 2013

Sega Sammy Holdings experienced a significant decline in financial performance during the first three quarters of the fiscal year ending March 2013.

  • Sega Sammy Holdings saw a sharp financial decline in the first three quarters of FY2013, with net sales dropping 33.6% to 207.0 billion yen and operating income falling 89.1% to 7.0 billion yen.
  • The primary cause of the earnings downturn was the postponement of key pachislot and pachinko title releases, leading to a significant reduction in full-year forecasts.
  • Pachislot and pachinko unit sales suffered substantial declines, reaching approximately 130,000 and 89,000 units respectively.
Sega Sammy HoldingsFeb 2013
Cover of Hey allihopa! THQ Nordic übernimmt Koch Media
Article

Hey allihopa! THQ Nordic übernimmt Koch Media

In February 2018, the Swedish publisher THQ Nordic announced the acquisition of the German-Austrian distributor Koch Media for 121 million euros.

  • In February 2018, the Swedish publisher THQ Nordic acquired the German-Austrian distributor Koch Media for 121 million euros.
  • The acquisition integrated Koch Media’s diverse portfolio of games, film, and software into the THQ Nordic corporate structure while maintaining existing headquarters in Vienna and Planegg.
  • Deep Silver Fishlabs, a prominent Hamburg-based studio known for the Galaxy on Fire series, became a subsidiary of THQ Nordic as part of the transaction.
Gamecity Hamburg