Satisfactory

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 AB Acquires Coffee Stain: Investor Presentation

THQ Nordic AB acquired the Coffee Stain Group in November 2018 to bolster its portfolio of intellectual property and expand its publishing capabilities.

• THQ Nordic AB acquired Coffee Stain Group in November 2018 for an upfront payment of SEK 392 million, with potential earn-outs of up to SEK 535 million tied to performance targets through 2023.
• Coffee Stain operates as an independent unit under its own brand, maintaining its existing creative autonomy and management team led by CEO Anton Westbergh.
• The acquisition adds nine intellectual properties to THQ Nordic’s portfolio, most notably the 'Goat Simulator' franchise, which has achieved over 14 million units in sales.

Ficsit Coffee FY 2026/27: Q1 Earnings Release

Ficsit Coffee’s interim report for the first quarter of fiscal year 2026/27, covering April through June 2026, details a period of strong financial performance driven by core portfolio resilience and successful new game launches.

• Ficsit Coffee reported Q1 2026/27 net sales of SEK 253 million, a 37% year-over-year increase, with Cash EBIT rising to SEK 95 million and a 38% margin.
• The company maintains a strong liquidity position with SEK 722 million in cash, supporting a proposed dividend of SEK 0.68 per share and a SEK 150 million share repurchase program.
• Growth was driven by the Early Access launch of Deep Rock Galactic: Rogue Core, which generated SEK 48 million, and the continued performance of Satisfactory following its console release.

Capital Markets Event 2025: Coffee Stain Group

Capital Markets Event 2025 showcases the Coffee Stain Group’s strategy of building a portfolio around small, autonomous teams that prioritize gameplay quality and community engagement.

• Coffee Stain Group maintains strong financial health with a 34% net-sales CAGR to SEK 1.2 bn, a 44% cash EBIT margin, and 120% cash conversion.
• The company holds SEK 472 m in cash reserves with zero external debt, providing significant flexibility for future M&A and capital allocation.
• Ninety percent of net sales are generated by a core portfolio of flagship titles—Goat Simulator, Deep Rock Galactic, and Satisfactory—which consistently maintain review scores above 96%.

Company Description for Admission to Trading: Coffee Stain Group AB

Coffee Stain Group AB is preparing to list its class B shares on Nasdaq First North Premier following the distribution of Embracer Group holdings to Embracer shareholders.

• Coffee Stain Group AB will list its class B shares on Nasdaq First North Premier on 11 December 2025, following a distribution of Embracer Group holdings.
• Revenue is highly concentrated, with approximately 90% of sales generated by six flagship titles including Goat Simulator, Satisfactory, and Valheim.
• Financial performance declined in FY 2024/25, with adjusted EBIT falling to SEK 126 million from SEK 240 million and margins contracting from 50% to 31%.