World of Darkness
Game
Documents about World of Darkness
Interim Report: January–March 2026
Paradox Interactive experienced a period of financial contraction during the first quarter of 2026, characterized by a 7 percent decline in revenue to MSEK 431.1 and a 31 percent reduction in operating profit, which fell to MSEK 100.8.
- Paradox Interactive reported a 7% revenue decline to MSEK 431.1 and a 31% drop in operating profit to MSEK 100.8 for Q1 2026.
- Financial performance was negatively impacted by significant amortization and write-downs related to the titles Vampire: The Masquerade - Bloodlines 2 and Europa Universalis V.
- Despite fiscal challenges, the company maintains a strong liquidity position with MSEK 308.7 in operating cash flow and MSEK 1,055 in cash and cash equivalents.
Annual Report 2025: Paradox Interactive
Paradox Interactive’s 2025 fiscal year was defined by a strategic pivot toward core internal development and long-term franchise sustainability.
- Operating profit dropped significantly to MSEK 146.0 in 2025 from MSEK 721.4 in 2024, primarily due to a KSEK 355,343 impairment charge related to Vampire: The Masquerade – Bloodlines 2.
- Annual revenue remained stable at MSEK 2,191.9, supported by a business model focused on digital distribution and continuous downloadable content for a six-million-strong monthly active user base.
- The company invested KSEK 917,407 in development during 2025 and completed the strategic acquisition of Haemimont Games to strengthen its management game portfolio.
Annual Report 2024
Paradox Interactive’s 2024 fiscal year was defined by a strategic pivot toward core competencies, prioritizing the long-term development of its established strategy and management franchises on PC and console.
- Paradox Interactive reported a 17% decline in annual revenue to MSEK 2,200.9, primarily driven by the cancellation of the 'Life by You' project and a corresponding MSEK 208.0 write-down.
- Despite revenue declines, the company improved operational efficiency, resulting in an operating profit of MSEK 721.4 and an operating margin of 33%.
- The company maintains a strong financial position with an 82% equity/assets ratio, zero interest-bearing liabilities, and a cash reserve of MSEK 1,469.4.
Paradox Interactive Interim Report: January - March 2023
Paradox Interactive maintains its position as a global developer and publisher of strategy and management games, focusing on the long-term growth of its core franchises and the expansion of the World of Darkness brand.
- Operating profit for Q1 2023 fell 25% to MSEK 155.7, down from MSEK 208.5 in the same period last year.
- Revenue growth remained stagnant at 1%, totaling MSEK 482.8 for the quarter ending March 31, 2023.
- Profitability was impacted by a significant rise in development costs and write-downs, which increased to MSEK 153.6 from MSEK 113.9 year-over-year.
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