Warhorse Studios
CompanyCzech Republic
Documents about Warhorse Studios
Financial report74 pages
Annual Report 2018/19
The 2018/19 fiscal period marked a transformative era for the THQ Nordic Group, characterized by aggressive expansion, structural reorganization, and significant financial growth.
- THQ Nordic Group experienced massive financial growth during the 2018/19 fiscal period, with net sales increasing to SEK 5.75 billion from SEK 507.5 million the previous year.
- The company raised over SEK 4.2 billion through directed share issues to fund ongoing development and the acquisition of new intellectual property.
- The organization transitioned to a decentralized holding company model and proposed a rebrand to Embracer Group to oversee its portfolio of over 100 franchises and 16 internal studios.
Embracer GroupAug 2019
Financial report16 pages
THQ Nordic Q5 FY18/19 Report
The THQ Nordic Q5 FY18/19 report outlines a period of significant financial expansion and strategic growth for the company, covering the fiscal quarter ending March 31, 2019.
- THQ Nordic achieved a 158% year-over-year increase in net sales to SEK 1,631 million and a 217% increase in operational EBIT to SEK 396 million for the quarter ending March 31, 2019.
- The company raised SEK 2.1 billion through a directed share issue to fund future mergers and acquisitions, maintaining a strong liquidity position for inorganic growth.
- Digital distribution accounted for 61% of total net sales, while owned intellectual property represented 84% of all game sales during the period.
THQ NordicMay 2019
Financial report19 pages
Extended Financial Year Report: 1 Jan 2018 – 31 Mar 2019
THQ Nordic experienced a period of aggressive expansion and financial growth between January 2018 and March 2019, culminating in a significant performance surge during the first quarter of 2019.
- THQ Nordic’s net sales grew by 158% to SEK 1,630.5 million for the quarter ending March 31, 2019, compared to the same period in the previous year.
- Operational EBIT increased by 217% to SEK 395.9 million, driven by strong revenue performance and improved operational efficiency.
- The release of 'Metro Exodus' was the primary revenue driver, generating SEK 794 million in net sales, with additional contributions from 'Satisfactory' and partner publishing.
Embracer GroupMay 2019
