Embracer Group has announced its financial results for the first fiscal quarter ended June 30. The Swedish holding company saw growth in key business metrics, also saying that its restructuring is proceeding according to plan.
Financial highlights
- According to its latest report, Embracer Groups net sales reached SEK 10.45 billion ($955.3 million), up 47% year-over-year.
- PC/Console was the top segment by revenue $365.5 million, up 74% compared to the same period last year. It is followed by Tabeltop ($291.2 million, +20%) and Mobile ($131.5 million, -3%).
- The Entertainment & Services segment, which includes e-commerce, comics (Dark Horse), Middle-earth Enterprises, and other media products and services not directly related to games, …
Read the full article at: https://gameworldobserver.com/2023/08/17/embracer-group-almost-1-billion-revenue-q1-profit