Embracer Group Revenue Soars After Acquisitions

Embracer Group Revenue Soars After Acquisitions

For the fiscal year ended 3/31/23 the Embracer Group (EMBRAC-B.ST) saw sales grow 121% to SEK 37,665 million (about $3.5 billion).  The growth was driven by major acquisitions the company made during the year.  Organic growth was 2% for the fiscal year and -4% in the fourth quarter. The company also announced that they received indications that a major partnership they were working on looked like it might not materialize.  Embracer lowered its EBIT forecast for fiscal 20.....
High Expectations for Embracer Group

High Expectations for Embracer Group

The Embracer Group continued to make some big acquisition moves in 2022.  This included buying board game company Asmodee for $3 billion and getting the Eidos/Crystal Dynamic properties from Square Enix. Unfortunately, Embracer’s biggest video game release of 2022, a remake of THQ’s Saints Row, was a disappointment.  Overall Embracer Group stock was down 50% in 2022.  This compares with an average decline of 30% for the DFC Intelligence Video Game Stock Index .....
Embracer Group Revenue Grows Via Acquisition

Embracer Group Revenue Grows Via Acquisition

For the first six months of fiscal 2023 ending 9/30/22, Embracer Group (EMBRAC-B.ST) saw net sales grow 148% from the first six months of FY 22 to SEK 16,687.  In the second quarter ending 9/30 revenue grew 190% to SEK 9,569. PC/Console games accounted for 38% of revenue, mobile games were 18%, tabletop games were 35% and entertainment services were 9%. Analysis Sweden-based Embracer Group has been on an acquisition spree the past few years.....
Embracer Acquires Board Game Company Asmodee

Embracer Acquires Board Game Company Asmodee

The Embracer Group has completed its $3 billion acquisition of board game company Asmodee.  Asmodee is expected to operate as an independent company. Analysis For the past few years, the Embracer Group has gone on an acquisition spree to become a leader in the video game market.  The acquisition of board game publisher/distributor Asmodee is not only Embr.....
Embracer Group Embraces a Transmedia Strategy

Embracer Group Embraces a Transmedia Strategy

So far in 2022 the story of the video game industry has been all about acquisition and consolidation. Both announced and potential deals raise many questions about the future competitive landscape as well what consumers and investor can expect. One company that is following an aggressive and interesting strategy is the Swedish based Embracer Group. Originally founded by Lars Wingefors as Nordic Games, the company specialized in distribution and publishing niche games in Europe that wer.....