Embracer Group reported a 19% year-over-year decline in net sales to SEK 3,850 million and an adjusted EBIT of SEK 109 million for Q2 2025.
02
The PC/Console segment underperformed with a 13% sales drop and negative EBIT, while the Mobile Games segment grew 17% with a 25% organic lift from the PLAION portfolio.
03
Free cash flow improved significantly to SEK 1,292 million compared to a negative SEK 524 million in the prior year, with net cash reaching SEK 11.9 billion as of September 30, 2025.
04
The company is executing a strategic shift toward an IP-first structure, which includes the divestment of Easybrain and planned share buybacks.
05
Management forecasts an adjusted EBIT of at least SEK 1 billion for FY 2025/26, anticipating stronger Q3 performance driven by seasonal gains in Entertainment & Services.
06
Completed projects achieved a weighted average ROI of 1.9x, with the top-five titles generating over SEK 535 million in gross profit.
07
Embracer Group is preparing for a transition to a Nasdaq First North listing scheduled for December 2025.
Insights
01
Embracer Group reported a 19% year-over-year decline in net sales to SEK 3,850 million and an adjusted EBIT of SEK 109 million for Q2 2025.
02
The PC/Console segment underperformed with a 13% sales drop and negative EBIT, while the Mobile Games segment grew 17% with a 25% organic lift from the PLAION portfolio.
03
Free cash flow improved significantly to SEK 1,292 million compared to a negative SEK 524 million in the prior year, with net cash reaching SEK 11.9 billion as of September 30, 2025.
04
The company is executing a strategic shift toward an IP-first structure, which includes the divestment of Easybrain and planned share buybacks.
05
Management forecasts an adjusted EBIT of at least SEK 1 billion for FY 2025/26, anticipating stronger Q3 performance driven by seasonal gains in Entertainment & Services.
06
Completed projects achieved a weighted average ROI of 1.9x, with the top-five titles generating over SEK 535 million in gross profit.
07
Embracer Group is preparing for a transition to a Nasdaq First North listing scheduled for December 2025.