Diskusjon Triggere Porteføljer Aksjonærlister

Embracer Group AB (EMBRAC B)

EDIT:

De kjøpte Easybrain i 2021 :

" Embracer Group AB (“Embracer”)[1], has today entered into an agreement to merge with Cyprus-based Easybrain Limited (“Easybrain”) in an all equity transaction for a day one purchase price amounting to USD 640 million on a cash and debt free basis plus a maximum of USD 125 million in additional consideration."

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Embracer financial impact

  • Embracer will transform from a net debt position of SEK 13.2 billion as of Q2 FY 2024/25 to approximately SEK 0.5 billion on a pro forma basis.
  • Excluding the debt related to the ringfenced Asmodee structure, amounting to approximately SEK 9.4 billion, pro forma net cash for the remaining Embracer Group amounts to approximately SEK 8.9 billion.
  • During FY 23/24 (ending March 2024), Easybrain contributed with net sales of SEK 3,395 million, Adjusted EBIT of SEK 1,392 million, and Adjusted EBITDAC of SEK 1,382 million. User acquisition costs amounted to SEK 1,524 million, representing 45 percent of net sales.

Så de blir gjeldfrie og omsetningen faller voldsomt :stuck_out_tongue:

Definer voldsomt :wink:

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Omsetning sist kvartal var 8,8 mrd, 3395/4 = 850 mnok, så omsetningen for selskapet faller til rett under 8 mrd.

Kanskje ikke så voldsomt nei. Gjelden faller voldsomt da. :smiley:

Our interest rate costs, which
impacted free cash flow by around SEK 1.3 billion in FY
2023/24, will significantly decrease going forward.

Virker som et svært godt salg for å være ærlig. Bedre med 1,3 mrd lavere kostnader enn 1,4mrd adjusted EBITDA :stuck_out_tongue:

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Dette viser også forskjellen på situasjonen som Embracer var i da de solgte saber og gearbox og situasjonen de er i nå. Mye lettere å få bra betalt for ting når man ikke må selge for å overleve.

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EDIT:

Embracers dotterbolags-vd Anton Westbergh köper aktier för 2,0 miljoner kronor (uppdatering) | Placera

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Sikkert greit å unngå launch samme uke som Civ7 og Assassins Creed :

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Liker at folk får tilgang og lov å snakke om spillet 3-4 uker før launch. Tyder iallfall på at Warhorse/Embracer er fornøyde med spillet. Ligger nå som #11 på GTS .

Our First 6 Hours in Kingdom Come Deliverance 2! - Angry Impressions

Kingdom Come Deliverance 2 Is One of the Best Games I’ve Ever Played (Impressions)

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Hvis dette stemmer så er det ganske tragisk , spesielt når man ser hva som skjedde med det siste saints rowspillet:

EDIT:

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https://x.com/DanielVavra/status/1880315737040122096

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https://x.com/DanielVavra/status/1881081082612944935

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Var et fint kjøpstidspunkt, kursen er opp 25% ish siden da. Men jeg kjøpte ikke noe. :see_no_evil:

https://x.com/alineaanalytics/status/1882823021582598400

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ding ding

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Er det bare jeg som ikke er noen stor fan av at de kommer med slike oppdateringer mens børsen er åpen ? Kursen gikk jo 10% på den

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Gikk litt vel mye på en svakt positiv melding?

It is mainly explained by several profitable external development projects and a few newly signed deals with subscription platforms with upfront revenue recognition, as well as a strong high season back catalogue performance. Notably, Coffee Stain had a stronger quarter compared to expectations. In addition, Asmodee delivered a stronger-than-expected performance, positively affected by a more favorable product mix, partly offset by higher investments in marketing, higher royalty costs as well as other costs connected to becoming a stand-alone listed company. The contribution from Entertainment & Services was impacted by a softer-than-expected performance for the theatrical release of The Lord of the Rings: The War of the Rohirrim.

In Q3 FY 2024/25, net sales for Embracer are estimated to have grown by 2% YoY (10% organic growth) to SEK 12,294 million (12,050), of which SEK 7,365 million is related to continued operations and SEK 4,929 million to discontinued operations[1]. The organic growth for continued operations is estimated at approximately 7%.

De økte omsetningen med 5 millarder SEK vs samme kvartal for et år siden. Dette er pga salget av Asmodee (Tabletop Games segment) som du må trekke fra for å se hvor mye omsetningen økte med.

Ja men avtaler med upfront betaling høres ut som det er mer engangskarakter