Embracer Group Full Year 2024 Earnings: Misses Expectations

Embracer Group (STO:EMBRAC B) Full Year 2024 Results

Key Financial Results

• Revenue: kr42.2b (up 12% from FY 2023).
• Net loss: kr18.2b (down from kr4.45b profit in FY 2023).
• kr15.28 loss per share (down from kr4.17 profit in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Embracer Group Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) also missed analyst estimates significantly.

The primary driver behind last 12 months revenue was the Tabletop Games segment contributing a total revenue of kr14.8b (35% of total revenue). The largest operating expense was General & Administrative costs, amounting to kr23.2b (47% of total expenses). Explore how EMBRAC B's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Entertainment industry in Sweden.

Performance of the Swedish Entertainment industry.

The company's shares are down 12% from a week ago.

Risk Analysis

You should learn about the 2 warning signs we've spotted with Embracer Group.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.