STARBS Stock Overview

Develops, creates, publishes, and distributes PC and console games in Europe and North America. More details

STARBS fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	3/6
Financial Health	6/6
Dividends	0/6

Rewards

Price-To-Earnings ratio (1.8x) is below the UK market (17x)

Became profitable this year

Risk Analysis

High level of non-cash earnings

Shareholders have been substantially diluted in the past year

Shares are highly illiquid

Earnings are forecast to decline by an average of 22.7% per year for the next 3 years

+ 1 more risk

My Notes

Capture your thoughts, links and company narrative

Starbreeze AB (publ) Competitors

Gaming Realms

AIM:GMR

UK£106.9m

Brave Bison Group

AIM:BBSN

UK£26.8m

Aeorema Communications

AIM:AEO

UK£5.4m

NAHL Group

AIM:NAH

UK£32.3m

Price History & Performance

Summary of share price highs, lows and changes for Starbreeze
Historical stock prices
Current Share Price	SEK 0.35
52 Week High	SEK 1.23
52 Week Low	SEK 1.12
Beta	1.58
1 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-72.76%

Recent updates

Shareholder Returns

	STARBS	GB Entertainment	GB Market
7D	0%	1.7%	-0.6%
1Y	n/a	20.5%	3.1%

Return vs Industry: Insufficient data to determine how STARBS performed against the UK Entertainment industry.

Return vs Market: Insufficient data to determine how STARBS performed against the UK Market.

Price Volatility

Is STARBS's price volatile compared to industry and market?
STARBS volatility
STARBS Average Weekly Movement	n/a
Entertainment Industry Average Movement	7.2%
Market Average Movement	4.8%
10% most volatile stocks in GB Market	10.6%
10% least volatile stocks in GB Market	2.6%

Stable Share Price: STARBS has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine STARBS's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1998	194	Hans-Jürgen Goeldner	www.starbreeze.com

Starbreeze AB (publ) develops, creates, publishes, and distributes PC and console games in Europe and North America. The company operates through Game Sales, 3rd Party Publishing, Licenses, and Other segments. It offers its games under the PAYDAY brand.

Starbreeze AB (publ) Fundamentals Summary

How do Starbreeze's earnings and revenue compare to its market cap?
STARBS fundamental statistics
Market cap	SEK 382.45m
Earnings (TTM)	SEK 211.54m
Revenue (TTM)	SEK 663.46m

1.8x

P/E Ratio

0.6x

P/S Ratio

Is STARBS overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
STARBS income statement (TTM)
Revenue	SEK 663.46m
Cost of Revenue	SEK 379.93m
Gross Profit	SEK 283.53m
Other Expenses	SEK 71.98m
Earnings	SEK 211.54m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Aug 15, 2024

Earnings per share (EPS)	0.14
Gross Margin	42.73%
Net Profit Margin	31.88%
Debt/Equity Ratio	0%

How did STARBS perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/05/15 20:29
End of Day Share Price	2024/02/16 00:00
Earnings	2024/03/31
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Starbreeze AB (publ) is covered by 8 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Nils Sjogren	ABG Sundal Collier Sponsored
Oscar Erixon	Carnegie Investment Bank AB
Christoffer Jennel	Inderes Oy