Embracer Group, which includes publishers Deep silver, Thq nordic and Coffee stain, reported on the results for the fiscal year and the last quarter ended March 31.
Embracer Group sales in the fourth quarter were € 126 million, which is 17.9% less than the same period last year. The main reason for the decline was the lack of major releases, but the group still managed to make a profit of 27 million euros. If you look at the whole year as a whole, here sales revenue reached € 496 million, and net profit – almost € 98 million. These figures were in positive territory.
The main thing from the report:
- Volition’s new Saints Row is in development, but the internal release date has moved from this fiscal year to the next. That is, now the release of the game should be expected between April 1, 2023 by March 31, 2023.
- In the same time, Starting this fiscal year, the Embracer Group plans to release at least one AAA game every 12 months.. All Embracer Group studios are currently developing a total of more than 118 games, 69 of which have not yet been announced.
- Role-playing action Biomutant received an updated release window – the game will be released this fiscal year, that is, no later April 1, 2023. Until this time, Battle For Bikini Bottom Rehydrated, Chorus, Desperados 3, Destroy All Humans !, MotoGP 20, RIDE 4, Wasteland 3, WWE 2K Battlegrounds and other unannounced games should be released.
- Embracer Group Publishing Department Acquires Another Studio – Italian DESTINYbit. The team is currently working on a strategy Dice legacy.
- Metro: Exodus earned 14 million euros for the first quarter of 2023. The main income came from the release of the story extension Sam’s story and the release of the game on Steam.
- Race Wreckfest from Bugbear Entertainment (FlatOut) was sold on digital platforms alone in quantities over 1 million copies. Total sales World war z have reached 3 million.
Read also: It became known the possible name of the next part of Call of Duty in the Black Ops universe – it will be released in 2023.
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