European gaming giant Embracer says a “groundbreaking” partnership worth $2B+ has collapsed and lowers its financial forecasts, sending shares crashing by 40%+
One of Europe's largest gaming companies has slashed its profit forecast for the year after a planned partnership fell through worth …
Embracer Group as of March 2023 - Over 850 owned or controlled IPs - 138 internal development studios in 40 countries - 12 operative groups - 16.601 employees - 221 games in the pipeline - Strong presence in PC/Console/Mobile/Tabletop/Movies & TV and Licensing markets [image]
Embracer Group FY22/23 Earnings Net Sales: $3.55B +121% YoY EBIT: $18.3m (-$106.2m in FY21/22) - Strategic partnership worth $2B over six years fell through after a verbal agreement in October 2022 - Dead Island 2 sold well over 2m units; largest launch for Deep Silver 1/3 [image…
Embracer Group Q4 & Full Year Report FY 22/23 is published: Net sales increased by 79% to SEK 9,356 million. Download the full report : 📰 https://embracer.com/... 📺 https://ir.financialhearings.com/ ... 🕘 9:00 CEST Welcome! https://embracer.com/...