Vertigo Games
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Documents about Vertigo Games
Financial report23 pages
Embracer Group Q2 FY20/21 Interim Report
Embracer Group’s second quarter fiscal year 2020/2021 report highlights a period of significant financial expansion and operational scaling.
- Embracer Group achieved record financial performance in Q2 FY20/21 with net sales of SEK 2,383 million, an 89% year-over-year increase.
- Operational EBIT grew by 171% to SEK 653 million, bolstered by a 61% organic growth rate and strong performance from back catalog titles.
- The company’s development pipeline reached an all-time high of 135 projects, supported by a workforce of over 3,600 developers across 102 internal and external studios.
Embracer GroupNov 2020
Financial report30 pages
Interim Report 2: July–September 2020
Embracer Group experienced a period of substantial financial expansion during the second quarter of 2020, characterized by an 89 percent increase in net sales to SEK 2,383.2 million.
- Embracer Group reported an 89% increase in net sales to SEK 2,383.2 million for the quarter ending September 2020, driven by a 61% organic growth in its core games business.
- Operational EBIT rose by 171% to SEK 653 million, while EBITDA reached SEK 969 million, reflecting improved profitability and operational scaling.
- The company executed an aggressive acquisition strategy during the period, purchasing nine entities including 4A Games, Vertigo Games, and DECA Games, while successfully integrating Saber Interactive.
Embracer GroupNov 2020