Embracer Group Ab Class B · OMXSTO:EMBRAC_B
Embracer Group Ab Class B — Q1 2026 Earnings Presentation
19 slides from Embracer Group Ab Class B's earnings presentation, Aug 14, 2025
Slide 1: Q1 FY 2025/26 Embracer Group Interim Report April–June 2025
Q1 FY 2025/26 EMBRACER GROUP INTERIM REPORT APRIL – JUNE 2025
Slide 2: Disclaimer
Q1 INTERIM REPORT FY 2025/26 Disclaimer IMPORTANT INFORMATION – PLEASE READ THE FOLLOWING BEFORE CONTINUING READING express or implied, is made by the Company or any of its affiliates, directors, advisors, employees and representatives as to the accuracy, completeness or verification of any informat
Slide 3: What we cover today
Q1 INTERIM REPORT FY 2025/26 What we cover today Highlights Operating segments PC/Console Games Mobile Games Entertainment & Services Financial performance Looking ahead Q&A
Slide 4: Highlights from Q1
Q1 INTERIM REPORT FY 2025/26 Highlights from Q1 Net sales | Q1 Adjusted EBIT | Q1 Free cash flow1 | TTM SEK 3,355 m SEK 75 m SEK 1,248 m -31% YoY (-2% organic) (SEK 579 m) (SEK -196 m) or SEK 250 m excl. divested assets Transition year focused on Coffee Stain Group on track operational and strategic
Slide 5: Operating segments
AOE Operating segments momma
Slide 6: PC/Console Games | Q1
PC/Console Games | Q1 PERFORMANCE COMMENTS SEK m Net sales impacted by divestments of Gearbox and Saber 4,000 55% No major new releases within PC/Console, and some Growth: -38% | Organic growth: -22% softness in the back catalog performance impacting Adjusted EBIT margin 45% 3,000 The team beh
Slide 7: PC/Console Games | ROI
PC/Console Games | ROI ROI (CONTRIBUTION/INVESTMENT) COMMENTS Times Dataset 2016-2025 The value of completed games No. Projects 103 14.0x > 50.0 x amounted to approximately SEK Investments SEK 10.2 bn Contribution SEK 21.2 bn 210 million in Q1 12.0x Net Sales SEK 30.2 bn The weighted average ROI
Slide 8: 39 Announced titles to-date
PC/Console | Pipeline details 39 Announced titles to-date * Selected upcoming releases Metal Eden | 2 Sep. 2025 Fellowship | 2025 Tides of Tomorrow | 24 Feb. 2026 MARVEL 1943: Rise of Hydra | Early 2026 Screamer | 2026 Gothic 1 Remake | Early 2026 REANIMAL | Q1, 2026 Still to be dated
Slide 9: Mobile Games | Q1
Mobile Games | Q1 PERFORMANCE COMMENTS SEK m Organic growth amounted to -5% in the first quarter 2,000 100% without a contribution from Easybrain (divested in Jan-25) Growth: -63% | Organic growth: -5% Reduced organic growth was driven by increased 90% 80% competition for CrazyLabs’ hybrid casua
Slide 10: Entertainment & Services | Q1
Entertainment & Services | Q1 PERFORMANCE COMMENTS SEK m Strong organic growth driven by PLAION’s partner 4,000 Growth: 41% | Organic growth: 52% 100% business, through back catalog sales and the strengthening of its global partner business footprint The Adjusted EBIT improvement was mainly driv
Slide 11: Financial performance
2. Financial performance
Slide 12: Financial development
FINANCIAL PERFORMANCE Financial development NET SALES & GROSS MARGIN DEVELOPMENT | SEK million DEVELOPMENT OF MARKETING EXPENSES | SEK million 8,000 115% 1,200 18% 16% 95% 1,000 6,000 14% 14% 80% 800 69% 75% 12% 4,000 4,894 600 10% 10% 55% 167 8% 3,355 35% 400 6% 2,000 110 4% 15% 200 504 222 2% 0 -5
Slide 13: Cash flow and net cash
FINANCIAL PERFORMANCE Cash flow and net cash FY25/26 FY24/25 FY 25/26 FY 24/25 June 30, June 30, SEKm SEKm Q1 Q1 Q1 TTM Q1 TTM 2025 2024 Adjusted EBITDA 800 1,530 6,023 8,055 Cash 6,879 3,221 Cash Tax 27 -30 -648 -497 Current investments 0 0 Other items -106 -195 -757 -1,207 Current liabilities to c
Slide 14: Transformation update
FINANCIAL PERFORMANCE Transformation update | 2016 | 2024 | 2025 | 2026 COMMENTS In the past year, we've advanced the group's ASMODEE transformation, with Spin-off completed Asmodee listed in 7 February 2025 February 1st SPIN-OFF Coffee Stain Group is progressing well and is COFFEE STAIN GROUP s
Slide 15: Looking ahead
3. Looking ahead
Slide 16: Forecast
LOOKING AHEAD Forecast OUR FORECAST FOR FY 2025/26 We now expect our current financial year to deliver at least SEK 1.0 billion in Adjusted EBIT. SEK 1,000 million Our forecast reflects: Further release shifts of one or several of the more important releases currently scheduled for Q4 Slower gro
Slide 17: Key priorities
LOOKING AHEAD Key priorities 1 IP-led focus | We are doubling down on our greatest strength: empowering talented teams to deliver unforgettable experiences based on globally loved IPs 2 Operational discipline | We are significantly rewiring the business to create one powerhouse unit within PC/Consol
Slide 18: until ~ 10:00 CEST
until ~ 10:00 CEST
Slide 19: Embracer Group
EMBRACER* GROUP