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Starbreeze AB
(STAR.B)
Starbreeze AB (STAR.B) vs. iShares MSCI Sweden ETF (EWD)
Starbreeze AB Business Overview & Revenue Model
Starbreeze AB Earnings Call Summary
Starbreeze AB Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 210.50M | 185.85M | 633.51M | 127.60M | 125.69M | 118.01M |
| Gross Profit | -45.44M | -263.00M | 324.24M | 67.08M | 69.39M | 86.93M |
| EBITDA | 23.70M | 102.38M | 457.47M | 64.32M | 6.35M | 41.49M |
| Net Income | -159.97M | -317.85M | 207.63M | -59.81M | -103.47M | -130.28M |
Balance Sheet | ||||||
| Total Assets | 707.86M | 830.13M | 1.11B | 746.40M | 674.15M | 708.71M |
| Cash, Cash Equivalents and Short-Term Investments | 156.40M | 191.91M | 347.75M | 108.22M | 128.57M | 157.42M |
| Total Debt | 48.95M | 22.14M | 16.82M | 400.16M | 440.68M | 393.89M |
| Total Liabilities | 140.23M | 124.69M | 216.84M | 689.62M | 551.33M | 480.21M |
| Stockholders Equity | 567.63M | 705.44M | 894.65M | 56.79M | 122.82M | 228.50M |
Cash Flow | ||||||
| Free Cash Flow | -221.83M | -188.14M | -87.80M | -88.33M | -38.70M | -120.43M |
| Operating Cash Flow | 11.21M | 64.87M | 114.58M | 57.83M | 73.87M | -24.64M |
| Investing Cash Flow | -233.29M | -245.46M | -202.38M | -143.94M | -109.01M | -96.22M |
| Financing Cash Flow | 44.01M | 24.52M | 327.44M | 65.55M | 6.17M | 195.60M |
Starbreeze AB Technical Analysis
Starbreeze AB Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| ― | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
| ― | kr254.35M | ― | -3.04% | 10.71% | -3.51% | -192.91% | |
| ― | kr152.71M | ― | -541.56% | ― | 31.74% | 21.54% | |
| ― | €72.82M | ― | -295.85% | ― | -12.12% | 23.81% | |
| ― | $226.77M | ― | -22.68% | ― | -68.13% | -229.75% |
Starbreeze AB Corporate Events
Starbreeze AB has announced a strategic shift to focus on its flagship PAYDAY franchise, discontinuing the development of Project Baxter. This decision results in a non-cash impairment of SEK 255 million but is expected to strengthen Starbreeze’s position in the gaming industry by reallocating resources and talent to enhance the PAYDAY series. The move aims to accelerate growth, increase player engagement, and position Starbreeze as a leader in the heisting genre, with plans to become cash-flow positive by 2026.
Starbreeze AB has unveiled an updated strategy to enhance its leadership in the heisting genre, focusing on the PAYDAY franchise. The strategy aims to deepen player engagement, expand platform reach, and diversify revenue streams, with PAYDAY serving as the core growth platform. The company plans to evolve PAYDAY into a modern live-engagement game, while also developing new heisting experiences and special operations to broaden its portfolio. This approach is expected to position Starbreeze for sustainable, long-term value creation for players and stakeholders.
Starbreeze Entertainment has launched a new subscription service for its popular game PAYDAY 2 on Steam, allowing players to access over 65 downloadable content packs for a monthly fee. This initiative, part of the PAYDAY franchise’s anniversary celebrations, aims to provide players with greater flexibility and cost-effectiveness in experiencing the game, potentially enhancing Starbreeze’s market position and offering more choices to its community.
Starbreeze AB has launched a new DLC heist for PAYDAY 3, titled ‘Delivery Charge,’ which introduces a fresh gameplay experience set in a dockside armored transport depot. This release emphasizes replayability and player choice, with new features like the favor system and various heist strategies, enhancing the game’s dynamic nature and expanding its criminal landscape.
Starbreeze AB is an independent developer, publisher, and distributor of PC and console games, known for its popular PAYDAY franchise, with operations in Stockholm, Barcelona, Paris, and London.
Starbreeze has appointed Paul Keslin as the General Manager of Project Baxter, leveraging his extensive experience in AAA development, live service operations, and product management. Keslin’s leadership is expected to align the project’s creative vision and business strategy, enhancing Starbreeze’s position in the gaming industry and potentially delivering a game that resonates with players for years.
Starbreeze AB’s Q2 2025 interim report highlights a mixed financial performance with net sales increasing to SEK 53.8 million, driven by PAYDAY 3 and work-for-hire projects. Despite a reduction in losses before tax, the company continues to face challenges with negative earnings per share. Significant events include the launch of new content for PAYDAY 3 and other game releases, which could impact future revenue streams and market positioning.
Starbreeze has appointed Jonas Skantz as the General Manager of its PAYDAY franchise, bringing over 20 years of experience in game development and leadership. Skantz’s role will focus on guiding the creative and commercial direction of the PAYDAY series, aiming to enhance its global appeal and continue delivering top-tier co-op heist experiences. His extensive background, including work on major titles like Battlefield and FIFA, positions him to drive the franchise’s growth and innovation, which is anticipated to strengthen Starbreeze’s market position and offer enriched experiences to its community.
Starbreeze AB is set to release its Second Quarter 2025 report on August 19, followed by an investor webcast on August 22, where CEO Adolf Kristjansson and CFO Mats Juhl will present the report. This announcement is significant for investors and stakeholders as it provides insights into the company’s financial performance and strategic direction.