Starbreeze Ab Class AOMXSTO: STAR_A

Starbreeze Discontinues Development Of Project Baxter

· Issued by Starbreeze Ab Class A

Starbreeze AB OMXSTO:STAR_A:

  • DISCONTINUES DEVELOPMENT OF PROJECT BAXTER

  • NON-CASH IMPAIRMENT OF SEK 255 MILLION IN Q3

  • BAXTER TEAM REDEPLOYED TO PAYDAY PROJECTS

  • HEADCOUNT REDUCED BY 44 FTES

  • DISCONTINUATION OF BAXTER, COMBINED WITH INCREASED FOCUS ON PAYDAY FRANCHISE, WILL ENABLE TO BECOME CASH-FLOW POSITIVE IN 2026