Embracer Group AB (EMBRAC_B) Q4 2026 Earnings Call

Investor webinar replay

Watch the replay and follow the connected company analysis, news, and investor updates for Embracer Group Ab Class B.

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:05.154 Good morning, everyone, and thank you for joining our webcast today covering our Q4 00:00:05.154 -- 00:00:08.118 and full year results. 00:00:09.380 -- 00:00:14.488 Muge and I welcome you today from Stockholm on voice and also on camera. 00:00:14.488 -- 00:00:18.774 And as usual, we have a short presentation to cover the main updates for our operating 00:00:18.774 -- 00:00:21.418 segments, a look at the financial performance. 00:00:21.418 -- 00:00:26.185 And with our news this morning, we will then spend most of our time looking ahead to 00:00:26.185 -- 00:00:30.671 cover the next step for Embrace a Group before turning over to the Q&A. 00:00:30.671 -- 00:00:34.714 So with that, let's get going. 00:00:36.886 -- 00:00:41.912 Overall, our quarterly results reflect another delivery above plan on both 00:00:41.912 -- 00:00:47.498 the revenue and adjusted EBIT side. Total net sales were 3.9 00:00:47.498 -- 00:00:52.624 billion sec, a 10% organic drop year over year, which we'll see comes from 00:00:52.624 -- 00:00:57.690 PC Console, which had some tough comps to Q4 last year with the launch 00:00:57.690 -- 00:01:00.814 of Kingdom Come Deliverance 2. 00:01:00.814 -- 00:01:06.586 Mobile and entertainment services both delivered growth in Q4. 00:01:06.586 -- 00:01:11.071 Now, as we said in February, we took positivity into Q4, and it shows here. 00:01:11.071 -- 00:01:15.236 On a core IP theme, Kingdom Come continued to deliver. 00:01:15.236 -- 00:01:20.540 Overall, Q4 free cash flow was also strong. 00:01:21.023 -- 00:01:24.186 For the full year, sales totaled 15.9 00:01:24.186 -- 00:01:28.832 billion sec, and adjusted EBIT came in at 0.9 00:01:28.832 -- 00:01:34.360 billion sec, above our guidance. Again, we talked in February how this wa...