Starbreeze Ab Class A · OMXSTO:STAR_A
Starbreeze Ab Class A — Q3 2024 Earnings Presentation
20 slides from Starbreeze Ab Class A's earnings presentation, Nov 14, 2024
Slide 1: Third Quarter 2024 Presentation
starbreeze.com Third Quarter 2024 Presentation 2024-11-14
Slide 2: Quarter & Period in Brief
Q3 2024 Quarter & Period in Brief 01 2
Slide 3: Third Quarter – Key Takeaways
Q3 2024 Third Quarter – Key Takeaways Operation Medic Bag updates increases sentiment for PD3 Leveraging our PAYDAY IP – continues to expand the franchise to more platforms “Baxter” in full production – in discussions with partners to solidify success Continuously keep several titles on market, redu
Slide 4: Our Strategy
STARBREEZE Our Strategy
Slide 5: A Strong Foundation to Deliver and Grow
Q3 2024 A Strong Foundation to Deliver and Grow Core focus created …into a broadened IP ...building games, IP and capacity for growth... portfolio… beyond ü PAYDAY 3 launched in ü Secure PD3 development and September 2023 – operating • Self-publishing of own titles quality – deal with PLAION three g
Slide 6: We make cooperative multiplayer games with a strong focus on community engagement
Q3 2024 We make cooperative multiplayer games with a strong focus on community engagement, committed to having a long lifetime by updates and support 6
Slide 7: Four major DLCs released
Four major DLCs released S CHAPTER & CHAPTERS
Slide 8: High activity in improvements and content
High activity in improvements and content PATCH 1 PATCH 2 PATCH 3 PATCH 4 BOYS IN BLUE COMMUNITY EVENTS Unready Button Adaptive Armor Quickplay V.01 New Progression System DLC 02 Alienware Mask Controller Improvements Medic Bag Update Daily Activities Mask Of The Week Character – Clover Mask Mania E
Slide 9: Confidential. All contents of this document are copyright 2024 by Starbreeze Studios AB. Intended
Confidential. All contents of this document are copyright 2024 by Starbreeze Studios AB. Intended for privileged exchanges only.
Slide 10: Project Baxter - Dungeons & Dragons® In production
Project Baxter - Dungeons & Dragons® Status: In production Planned release: 2026 Elevator pitch: A co-op urban crawl through a reactive D&D world utilizing procedural tools to enhance emergent gameplay in an endlessly replayable setting. Confidential. All contents of this document are copyright 2024
Slide 11: Project Baxter - Dungeons & Dragons®
Project Baxter - Dungeons & Dragons® ● Before moving into production, we did our homework ○ Extensive research (qualitative and quantitative) to understand our target audience and continuously close dialogue with Wizards of the Coast ○ Learned from PAYDAY 3 ■ Development ■ Technology ■ Infrastructur
Slide 12: Concept art from pre-production, the same scene in-engine
Concept art from pre-production The same scene in-engine Confidential. All contents of this document are copyright 2024 by Starbreeze Studios AB. Intended for privileged exchanges only.
Slide 13: Group financials
Group financials Group financials 03 13
Slide 14: Financial update, Q3 2024
Quarter & Period in Brief Financial update, Q3 2024 NET SALES, SEKm DEPRECIATION, AMORTIZATION & IMPAIRMENT, SEKm 42.7 (494.4) 76.5 (142.0) EBITDA, SEKm PROFIT/LOSS AFTER TAX, SEKm 21.4 (441.8) -58.5 (299.8) CASHFLOW FROM OPERATING ACTIVITIES, SEKm CASH AND CASH EQUIVALENTS, SEKm -15.9 (11.1) 249.3
Slide 15: Financial update, Jan-Sept 2024
Quarter & Period in Brief Financial update, Jan-Sept 2024 NET SALES, SEKm DEPRECIATION, AMORTIZATION & IMPAIRMENT, SEKm 139.5 (564.3) 227.2 (174.7) EBITDA, SEKm PROFIT/LOSS AFTER TAX, SEKm 78.0 (460.0) -150.1 (299.2) CASHFLOW FROM OPERATING ACTIVITIES, SEKm CASH AND CASH EQUIVALENTS, SEKm 65.2 (51.9
Slide 16: Cashflow development
Group financials Cashflow development SEKm YTD 2024 1. 1 Operating activities after changes in 65 working capital, SEK 65.2m 348 2. 2 Investing activities, SEK -180.0m (-168.7m game development) 16 249 3 3. Financing activities, -180 SEK 16.1m (financing for game 157 development 31.2m, 129 108 and f
Slide 17: Operating expenses
Group financials Operating expenses Cost base development SEKm NOTE Q3’24 Q3’23 2023 Direct costs for Q3’24 amounted to SEK 80.6m (164.7m) and consists of costs related to game development, depreciations of IP:n, royalty payments and A non-activatable personnel expenses. Direct costs A -80.6 -164.7
Slide 18: Balance sheet
Balance sheet Assets Liabilities As per September 30, 2024 As per December 31, 2023 • Intangible assets amounted • Non-current liabilities SEKm SEKm to SEK 489m and consist of IP amounted to SEK 86m, rights SEK 85m, capitalized including Current Current costs for own game and – Lease and other asset
Slide 19: Third Quarter – Key Takeaways
Q3 2024 Third Quarter – Key Takeaways Operation Medic Bag increases sentiment for PD3 Leveraging our PAYDAY IP – continues to expand the franchise to more platforms “Baxter” in full production – in discussions with partners to solidify success Continuously keep several titles on market, reduces risk
Slide 20: Building Community by Making Games
starbreeze.com Building Community by Making Games 22