Starbreeze Ab Class A · OMXSTO:STAR_A
Starbreeze Ab Class A — Q1 2025 Earnings Presentation
14 slides from Starbreeze Ab Class A's earnings presentation, May 13, 2025
Slide 1: First Quarter 2025 Presentation
starbreeze.com First Quarter 2025 Presentation 2025-05-13
Slide 2: Introduction
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Slide 3: With curiosity, focus, and ambition
Q1 2025 GLOBAL PARTNERSHIPS 2005-10 Regional Managing director & Board Director. RENOWNED IPs Turnaround project, responsible for 100 stores and two head offices in Nordics and Central Europe. 2011-24 Head of Digital Built a WW digital team managing all key digital partners, shifted EA’s portfolio f
Slide 4: PAYDAY Publishing Rights
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Slide 5: Regaining the Rights to Payday
Q1 2025 Regaining the Rights to Payday • Allows us to build, release content faster for the PAYDAY® franchise • Allows us to pursue any transmedia PAYDAY® licensing deals • Secures a 100 percent of the net revenue for PAYDAY®3 • Allows us to freely market the PAYDAY® franchise • Allows us to build o
Slide 6: The Future of PAYDAY
Q1 2025 The Future of PAYDAY® Our goal is to establish PAYDAY as the core of the company and reinforce our position as the definitive leader in the heist genre. LEGENDARY CORE PARTNERSHIPS LORE & LICENSING PAYDAY The Heist PAYDAY 3 PAYDAY Notoriety Graphical Novels PAYDAY 2 FUTURE PROJECTS PAYDAY PU
Slide 7: Key dates
Q1 2025 Key dates • May 22nd Out of Sight launches on Steam, Steam VR, PlayStation®5, Epic Games Store, Xbox Series X|S, and Nintendo Switch • May 23rd Completion of the Vertical Slice for Project Baxter • May 26th PAYDAY 3 ”Party Powder” paid heist and free content • May 27th Roboquest on PlayStati
Slide 8: Group financials
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Slide 9: Financial update, Q1 2025
Q1 2025 Financial update, Q1 2025 NET SALES, SEKm DEPRECIATION, AMORTIZATION & IMPAIRMENT, SEKm 67.7 (56.6) 44.5 (71.8) EBITDA, SEKm PROFIT/LOSS BEFORE TAX, SEKm 15.7 (48.5) -29.4 (-21.0) CASHFLOW FROM OPERATING ACTIVITIES, SEKm CASH AND CASH EQUIVALENTS, SEKm -11.7 (78.4) 130.1 (387.2) 9
Slide 10: Cashflow development
Q1 2025 Cashflow development SEKm YTD 2025 1. 1 Operating activities after changes in working capital, 348 SEK -11.7m 2. 2 Investing activities, SEK -53.4m (-46.0m game development) 192 3 3. Financing activities, SEK 3.6m 157 - 12 129 4 130 (financing for game 108 - 53 development 9.4m, and financia
Slide 11: Operating expenses
Q1 2025 Operating expenses Cost base development SEKm NOTE Q1’25 Q1’24 2024 A Direct costs for Q1’25 amounted to SEK 45.2m (86.5m) and consists of costs related to game development, depreciations of IP:n, royalty payments and non-activatable personnel expenses. The decrease from Q1’24 mainly comes D
Slide 12: Balance sheet
Q1 2025 Balance sheet Assets Liabilities As per March 31, 2025 As per December 31, 2024 • Intangible assets amounted • Non-current liabilities SEKm SEKm to SEK 394m and consist of IP amounted to SEK 36m, rights SEK 56m, capitalized including Current Current costs for own game and – Lease and other C
Slide 13: First Quarter – Key Takeaways
Q1 2025 First Quarter – Key Takeaways Regaining full control of PAYDAY 3, and by extension, the franchise New strategic investor, new phase in relationship with PLAION Project Baxter progressing with vertical slice and continued dialogues Packed second quarter with several releases across a multitud
Slide 14: STARBREEZE
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