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Starbreeze AB (publ) interim report January-March 2024

"PAYDAY™ 3 evolves with 'Operation Medic Bag'" STOCKHOLM, May 14, 2024 /PRNewswire/ --  First quarter 2024 Net sales amounted to SEK 56.6 million (26.7). PAYDAY 2 accounted for SEK 10.9 million (26.4). PAYDAY 3 accounted for SEK 23.3 million (0). Third-party publishing accounted for SEK 17.4 million (0). EBITDA* amounted to SEK 48.5 million (4.1), including items affecting comparability of 19.9 million. Cash flow from operating activities amounted to SEK 78.4 million (20.7). Depreciation, amortization and impairment amounted to SEK 71.8 million (15.6). Profit/loss before taxes amounted to SEK -21.0 million (-24.7). Basic and diluted earnings per share amounted toSEK -0.01 (-0.03). Cash and cash equivalents amounted to SEK 387.2 million (78.0). Significant events during and after the quarter January 9, Starbreeze announced changes in Group management. January 10, the Starbreeze Nomination Committee announced the proposal to appoint Jürgen Goeldner as the new Chairperson of the Board of Directors at the 2024 Annual General Meeting. February 15, "Operation Medic Bag" was launched - a focused project to meet the expectations of the player community and improve PAYDAY 3. The game has seen three major updates since February 15. February 22, The Tribe Must Survive was released in Early Access on Steam. March 12, Board member Jürgen Goeldner was appointed interim CEO of Starbreeze. A process to recruit a permanent CEO is ongoing. April 15, a content update was released for Roboquest with new content, new functionality, and improvements. CEO's message PAYDAY™ 3 evolves with 'Operation Medic Bag' Starbreeze has been a force in the global games industry for more than 25 years and will continue to be so by developing and publishing games globally and leverage the strength of both the organization and the IP portfolio.During my months as interim CEO my focus has been on PAYDAY 3 as well as business development ...