Embracer Group has just released its results for the third quarter of fiscal 2022-2023, so we take this opportunity to take stock of the broad group. But first we have to mention that the CEO included his picture in the official PDF (page 4). Not only is it pretty rare, but the “Swedish Mafia” attitude is pretty awesome.
Embracer Group now has 134 studios organized into a dozen divisions, each employing nearly 15,000 people. The group has 4 business segments: PC/Console Games, Mobile Games, Board Games, and “Services & Entertainment” which includes the rest (comics, Lord of the Rings rights, Limited Run boxed versions, etc.). Actual video game activity (PC, consoles, and mobile) ultimately accounts for just 45% of revenue. The group has 224 PC and console projects in development, including 31 AAA, with 19 scheduled for release before March 2026.
In financial terms, the Embracer Group achieved sales of one billion euros in this third fiscal quarter. The net profit before tax varies between 22 million euros and 200 million euros, depending on the magic formula used.