Overview
Swedish game developer's Q4 net sales fell
Q4 EBITDA was negative, reflecting ongoing financial challenges
Company focuses on PAYDAY franchise with new updates and collaborations
Outlook
Starbreeze focuses on PAYDAY franchise as platform for growth in 2026
Company plans to launch PAYDAY experience in PUBG in first half of 2026
Starbreeze aims to improve financial resilience through cost base adjustments
Result Drivers
PAYDAY FRANCHISE - PAYDAY 2 showed strong growth, and PAYDAY 3 maintained stability with new updates and content releases to enhance player engagement
WORK-FOR-HIRE GROWTH - Work-for-hire revenue increased significantly, contributing to Q4 results
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
Miss
SEK 41.10 mln
SEK 53.50 mln (2 Analysts)
Q4 Basic EPS
-SEK 0.04
Q4 EBITDA
-SEK 12 mln
Q4 Pretax Profit
-SEK 61.90 mln
Analyst Coverage
The one available analyst rating on the shares is "sell"
The average consensus recommendation for the software peer group is "buy."
Wall Street's median 12-month price target for Starbreeze AB is SEK0.21, about 121.5% above its February 18 closing price of SEK0.09
Press Release: ID:nMFN2XX5mM
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)