Embracer Group AB (publ)

Embracer Group AB (publ)

EMBRAC-B.ST
Embracer Group AB (publ)SE flagStockholm Stock Exchange
67.50
SEK
-2.00
- -
14.46BMarket Cap
Embracer Group AB (publ)
EMBRAC-B.ST
(Stockholm Stock Exchange)

Recent

price

67.50

P/E

ratio

- -

div

yld

- -

ROIC.AI

2014
2015
2016
2017
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
2.97
3.55
4.94
6.86
50.57
68
113.15
211.4
138.43
103.47
- -
77.49
Revenue per Share
0.87
0.85
1.18
1.88
2.74
2.16
6.47
25
-91.8
28.95
- -
-27.66
Basic EPS, GAAP
1.01
0.66
-0.99
-1.78
0.31
12.73
0.06
-9.05
-6.95
-4.26
- -
-1.59
Free Cash Flow per Basic Share
- -
0.42
0.65
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
1.41
1.9
3.46
10.31
2.92
-4.04
21.54
-72.42
-154.95
- -
-202.18
Book Value per Share
-0.27
-0.34
1.9
6.79
5.05
81.19
-210.95
-164.91
-79.62
21.91
- -
23.19
Tangible Book Value per Share
60
60
61
74
104
133
151
178
198
206
- -
210
Basic Weighted Avg Shares
178
213
302
508
5,249
9,024
17,067
37,665
27,409
21,314
15,906
16,312
Sales/Revenue/Turnover
38.26
28.91
28.74
36.51
5.4
2.87
-7.14
0.58
-0.44
22.94
-45.18
-42.15
Operating Margin (%)
27
38
37
84
1,476
3,480
2,793
6,480
13,808
8,684
10,914
11,077
Depreciation Expense
52
51
72
139
285
287
976
4,454
-18,177
5,964
-5,819
-5,823
Net Income, GAAP
22.35
21.74
22.55
23.52
30.7
57.75
41.71
11.03
- -
4.67
- -
177.71
Effective Tax Rate (%)
29.33
24.07
23.83
27.43
5.43
3.18
5.72
11.83
-66.32
27.98
-36.58
-35.7
Profit Margin (%)
-6
-13
124
532
1,552
12,774
-1,706
2,849
1,811
5,557
3,607
3,607
Working Capital
10
1
- -
- -
222
246
13,818
20,604
11,819
1,557
688
688
LT Debt
59
84
345
1,073
6,395
27,165
42,175
64,721
52,483
31,197
19,531
19,531
Total Equity
- -
38.52
25.83
17.92
4.3
0.59
-1.53
0.26
- -
8.64
- -
- -
Return on Invested Capital (%)
- -
63.26
54.84
56.39
20.42
14.38
9.43
22.81
- -
-58.31
- -
-40.84
Return on Capital (%)
- -
121.34
71.68
74.84
42.99
39.37
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
1,199
1,067
959
LT Borrowings
901
1,108
366
LT Finance Leases
384
337
322
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
224
223
223
Market Capitalization
21,674
12,696
10,115

Working Capital

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
10,603
10,066
9,089
Cash, Cash Equivalents & STI
6,127
4,876
4,957
Accounts Receivable, Net
1,785
2,581
2,175
Inventories
897
822
783
Total Current Liabilities
6,164
5,770
5,482
Payables & Accruals
- -
- -
- -
ST Debt
1,199
1,067
959
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
139.68%
2.37%
-37.39%
Free Cash Flow
-1,341.47%
-3,639.84%
-37.81%
Net Income, GAAP
-0.46%
-48.41%
-197.57%
Sales/Revenue/Turnover
127.08%
26.99%
-25.37%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
10,450
10,831
7,625
5,757
27,409
2025
4,893
4,726
6,985
5,177
21,314
2026
3,355
3,850
5,176
3,931
15,906

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
10.72
-2.53
-7.8
-81.28
-91.8
2025
-10.81
-1.89
4.81
36.26
28.95
2026
-2.01
-0.1
6.8
-32.05
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Embracer Group AB (publ) is a Swedish video game and media holding company that develops, publishes, and distributes PC, console, mobile, VR, and tabletop games worldwide; publishes films and comic books; and trades card games through its operative groups including THQ Nordic, PLAION, Coffee Stain, DECA Games, Dark Horse, Freemode, and Crystal Dynamics – Eidos. Founded in 1990 and headquartered in Karlstad, Sweden, the company operates 69 internal game development studios, employs nearly 7,000 people across nearly 30 countries, and maintains an extensive catalog of over 450 owned or controlled franchises such as Kingdom Come: Deliverance, Darksiders, and Satisfactory. It serves gamers, entertainment consumers, and collectors via digital platforms, physical retail, and direct-to-consumer channels in segments spanning PC/console games, mobile games, tabletop games, and entertainment services. The company pursues a decentralized structure empowering entrepreneurial operative groups while focusing on IP preservation, organic growth, and strategic optimization. Embracer Group continues its multi-year transformation announced in April 2024, separating into three standalone publicly listed entities on Nasdaq Stockholm: Asmodee Group (spun off and trading independently since February 2025), Coffee Stain Group, and Fellowship Entertainment (formerly Middle-earth Enterprises and others, with a planned name change); Lars Wingefors AB establishes a private holding company, Embracer AB, to retain shares in these entities and potentially others. Recent divestitures include Arc Games and Cryptic Studios to Project Golden Arc for $30 million in November 2025 as part of asset optimization, alongside a comprehensive restructuring program through FY 2024/25 that reduced headcount by 1,857, cut capex by at least SEK 2.9 billion, and improved cash flow; Kingdom Come: Deliverance II launched successfully in February 2025, exceeding expectations and bolstering the IP portfolio. In January 2025, it executed a 1:6 reverse share split to consolidate shares.