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THQ Nordic signs unannounced AAA title by 4A Games + earnings report

Bullet Club

Member
Oct 24, 2017
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48 games unannounced!

THQ Nordic signs unannounced AAA title by 4A Games

80 games currently in development at THQ Nordic groups.

THQ Nordic has signed with Metro series developer 4A Games for an “upcoming, still undisclosed, AAA project,” the company announced.

The company also mentioned that its THQ Nordic, Deep Silver, and Coffee Stain Studios groups currently have a collective 80 games in development, 48 of which are currently unannounced.

Source: Gematsu

JANUARY–MARCH 2019
(Compared to January–March 2018)
  • Net sales increased 158% to SEK 1,630.5 m (~$168.94 million) (632.9).
  • EBITDA increased 174% to SEK 618.6 m (~$64.09 million) (225.9), corresponding to an EBITDA margin of 38%.
  • Operational EBIT increased 217% to SEK 395.9 m (~$41.02 million) (124.9) corresponding to an Operational EBIT margin of 24%.
  • Cash flow from operating activities amounted to SEK 777.2 m (~$80.53 million) (699.8).
  • Earnings per share was SEK 1.10 (1.02).
Net sales of Deep Silver: SEK 794 million (~$82.2 million)
Net sales of Koch Media Partner Publishing: SEK 596 million (~$61.7 million)
Net sales of THQ Nordic GmbH: SEK 143 million (~$14.8 million)
Net sales of Coffee Stain: SEK 98 million (~$10.2 million)

JANUARY 2018–MARCH 2019, 15 MONTHS
(Compared to full year 2017)

  • Net sales increased to SEK 5,754.1 m (~$596.30 million) (507.5).
  • EBITDA increased to SEK 1,592.6 m (~$165.04 million) (272.6), corresponding to an EBITDA margin of 28%.
  • Operational EBIT increased to SEK 897.1 m (~$92.97 million) (202.3) corresponding to an Operational EBIT margin of 16%.
  • Cash flow from operating activities amounted to SEK 1,356.4 m (~$140.56 million) (179.1).
  • Earnings per share was SEK 4.68 (1.88).
  • As of 31 March 2019, cash and cash equivalents were SEK 2,929.1 million (~$303.54 million). Available cash including credit facilities was SEK 4,521.1 million (~$468.52 million).
More in the PDF:

 
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