Wreckfest
Game
Documents about Wreckfest
Report64 pages
The Game Industry of Finland 2024
The Finnish game industry, a significant player in the European market and among the top five globally by turnover, demonstrates resilience and adaptability despite recent economic shifts.
- The Finnish game industry reached a record 270 active studios employing 4,300 professionals by the end of 2024.
- Annual industry turnover contracted to €2.85 billion, with private investment slowing to €128 million.
- Studios are diversifying away from a mobile-first model, with PC development now reaching parity and increased exploration of console and VR platforms.
Neogames FinlandSep 2025
Presentation31 pages
Annual General Meeting FY 18/19: Presentation
The document presents an overview of Embracer Group's financial performance and strategic direction, primarily focusing on the fiscal year 2018/2019.
- Embracer Group achieved massive financial scaling in FY 18/19, with net sales increasing 1,033% to 5,754 million SEK and operational EBIT rising 344% to 897 million SEK.
- The company operates a decentralized 'buy-to-build' model across three autonomous sub-groups—THQ Nordic, Deep Silver, and Coffee Stain—supported by 2,208 total employees and contractors.
- As of mid-2019, the group held 2,011 million SEK in net cash, providing the liquidity necessary to sustain its aggressive acquisition strategy for dormant intellectual properties.
Embracer GroupSep 2019
Presentation4 pages
THQ Nordic AB Acquires Bugbear Entertainment: Investor Presentation
THQ Nordic AB's investor presentation details its acquisition of Bugbear Entertainment, a Helsinki-based racing game developer, on November 14, 2018.
- THQ Nordic acquired a 90% stake in Helsinki-based Bugbear Entertainment in November 2018, with an option to purchase the remaining 10%.
- The acquisition grants THQ Nordic full ownership of Bugbear’s intellectual property, specifically the Wreckfest and Stuntfest franchises.
- Wreckfest, which sold over 400,000 units on Steam following its June 2018 release, serves as the primary driver for the acquisition due to its strong commercial performance.
THQ NordicNov 2018
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