companyName

extensiveId

feedTypes

includeDividend

includeEstimates

includeOverview

includeOwnership

snapshotDate

CompanyName_Query

companySlug

CompanyMetaData

CompanyContent_query

company

query CompanyName_Query(
  $companyName: String!
  $extensiveId: ID
  $snapshotDate: String
  $feedTypes: [ContentType!]!
  $includeEstimates: Boolean!
  $includeOverview: Boolean!
  $includeOwnership: Boolean!
  $includeDividend: Boolean!
) {
  ...CompanyMetaData_Ux1x9
  ...CompanyContent_query_3mc3wd
}

fragment AnalystData on Analyst {
  name
  pageUrl
  jobTitle
  imgUrl
}

fragment AuthorList on Content {
  __isContent: __typename
  id
  authors {
    __typename
    id
    name
    pageUrl
  }
}

fragment ChangePercentBlock_Company on Company {
  defaultInstrument {
    isin
    symbol
    priceData {
      diff1mPercentage
      diff1yPercentage
      diff3yPercentage
      diffFromStartPercentage
    }
    id
  }
}

fragment CompactFeed_3NXCcw on Query {
  compactFeed: feedContent(companySlug: $companyName, filter: {types: $feedTypes}) {
    edges {
      node {
        __typename
        id
        ...TeaserExtraCompact_content
        createdAt
        companies {
          viewerIsFollowing
          id
        }
      }
      cursor
    }
    pageInfo {
      endCursor
      hasNextPage
    }
  }
}

fragment CompanyAnalystQuery on Company {
  analysts {
    ...AnalystData
    name
    pageUrl
    jobTitle
    imgUrl
    id
  }
}

fragment CompanyContent_query_3mc3wd on Query {
  ...CompanyHeader_query_Ux1x9
  ...CompanyOwnership_query_Ux1x9 @include(if: $includeOwnership)
  ...CompanyFinancials_query_Ux1x9 @include(if: $includeEstimates)
  ...CompanyDividend_query_Ux1x9 @include(if: $includeDividend)
  ...CompanyInvestorConsensus_query_Ux1x9
  ...CompanyPageTop_query_Ux1x9 @include(if: $includeOverview)
  ...CompanyPageBottom_query_2bVJwf @include(if: $includeOverview)
  ...CompanyDisclaimer_query_Ux1x9
  ...Extensive_query_3u4Ry5
}

fragment CompanyCoverage_Company on Company {
  analysts {
    name
    id
  }
  isPayingCustomerOf
  isFormerCustomerOf
  isCorporateCustomer
  ...CompanyAnalystQuery
  defaultInstrument {
    ...TargetAndRecommendation_Company
    id
  }
}

fragment CompanyDescription_Company on Company {
  description
  websiteUrl
  name
}

fragment CompanyDisclaimer_query_Ux1x9 on Query {
  company(companySlug: $companyName) {
    name
    isPayingCustomerOf
    isFormerCustomerOf
    id
  }
}

fragment CompanyDividendER_query on Company {
  name
  defaultInstrument {
    estimateData {
      reportingCurrency
    }
    dividendTransactions: estimateTransactions(first: 1, includeQuarters: false) {
      actualized {
        year
        dividend
        dividendYield
        payoutPercentage
        sharePrice
      }
      estimates {
        year
        dividend
        dividendYield
        payoutPercentage
        sharePrice
      }
    }
    id
  }
}

fragment CompanyDividendNonER_query on Company {
  name
  defaultInstrument {
    nonERDividendSet: nonERCompanyNumberSet(includeQuarters: false) {
      year
      dividend
      dividendYield
      epsReported
      sharePrice
      currency
    }
    id
  }
}

fragment CompanyDividend_query_Ux1x9 on Query {
  company(companySlug: $companyName) {
    ...CompanyDividendER_query
    ...CompanyDividendNonER_query
    defaultInstrument {
      coreId
      id
    }
    id
  }
}

fragment CompanyFinancials_query_Ux1x9 on Query {
  company(companySlug: $companyName) {
    ...NonERCompanyNumbers_query
    ...CompanyNumbers_query
    defaultInstrument {
      coreId
      id
    }
    id
  }
}

fragment CompanyHeader_query_Ux1x9 on Query {
  company(companySlug: $companyName) {
    id
    companyInsref
    name
    viewerIsFollowing
    followersCount
    isCorporateCustomer
    hasPinpointData
    hasDividendHistory
    sector {
      sectorname
      industry
    }
    regions
    extensiveExists
    defaultInstrument {
      symbol
      priceData {
        tradeCurrency
        lastPrice
        diff1dPercentage
      }
      marketplace {
        name
      }
      estimates: estimateTransactions(first: 1, includeQuarters: false) {
        date
      }
      nonERCompanyNumberSet(first: 1, includeQuarters: false) {
        year
      }
      id
    }
    topOwners {
      holders {
        name
      }
    }
    transactions: insiderTransactions(filter: {types: [BUY, SELL, SUBSCRIPTION]}) {
      edges {
        node {
          date
          id
        }
      }
    }
  }
}

fragment CompanyInsiderTransactions on Company {
  name
  regions
  insiderTransactions(filter: {types: [BUY, EXERCISE_OF_SHARE_OPTION, PLEDGE, RECEPTION_OF_SHARE_PREMIUM, SELL, SUBSCRIPTION]}) {
    edges {
      node {
        insider
        position
        volume
        price
        date
        unit
        type
        relatedParty
        id
      }
    }
  }
}

fragment CompanyInvestorConsensus_query_Ux1x9 on Query {
  company(companySlug: $companyName) {
    name
    companyInsref
    id
  }
}

fragment CompanyMetaData_Ux1x9 on Query {
  company(companySlug: $companyName) {
    name
    description
    pageUrl
    defaultInstrument {
      estimateData {
        modelType
      }
      id
    }
    id
  }
}

fragment CompanyName_Slug on Company {
  slug
}

fragment CompanyNumbers_query on Company {
  name
  defaultInstrument {
    estimateData {
      modelType
      reportingCurrency
    }
    estimateTransactions(first: 1, includeQuarters: true) {
      comparisonIndexName
      actualized {
        year
        quarter
        revenue
        revenueGrowth
        ebitda
        ebitAdjusted
        ebitReported
        preTaxProfit
        netEarnings
        epsReported
        epsAdjusted
        dividend
        payoutPercentage
        roePercent
        roiPercent
        enterpriseValue
        bookValue
        marketCap
        gearingPercent
        equityRatio
        dividendYield
        totalCosts
        loanLosses
        balanceSheetTotal
        tangibleBook
        cet1
        rwa
        sharePrice
        sharesTotal
        nav
        navPerShare
        opexOfNav
        totalShareholderReturn
        comparisonIndexReturn
        netDebtTotalAsset
        quarterlySharePrice
      }
      estimates {
        year
        quarter
        revenue
        revenueGrowth
        ebitda
        ebitAdjusted
        ebitReported
        preTaxProfit
        netEarnings
        epsReported
        epsAdjusted
        dividend
        payoutPercentage
        roePercent
        roiPercent
        enterpriseValue
        bookValue
        marketCap
        gearingPercent
        equityRatio
        dividendYield
        totalCosts
        loanLosses
        balanceSheetTotal
        tangibleBook
        cet1
        rwa
        sharePrice
        sharesTotal
        nav
        navPerShare
        opexOfNav
        totalShareholderReturn
        comparisonIndexReturn
        netDebtTotalAsset
        quarterlySharePrice
      }
    }
    id
  }
}

fragment CompanyOverviewGraphs_query_Ux1x9 on Query {
  company(companySlug: $companyName) {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      companyTransactions: estimateTransactions(first: 1, includeQuarters: false) {
        actualized {
          year
          revenue
          ebitAdjusted
          epsAdjusted
          dividendYield
          navPerShare
          totalShareholderReturn
        }
        estimates {
          year
          revenue
          ebitAdjusted
          epsAdjusted
          dividendYield
          navPerShare
          totalShareholderReturn
        }
      }
      id
    }
    id
  }
}

fragment CompanyOwners on Company {
  regions
  topOwners {
    recordDate
    compareDate
    source
    holders {
      name
      capitalPercent
      votingPowerPercent
      positionChange
      totalSharesChange
      shareChange
      isNew
      isRemoved
    }
  }
}

fragment CompanyOwnership_query_Ux1x9 on Query {
  company(companySlug: $companyName) {
    name
    ...CompanyOwners
    ...CompanyInsiderTransactions
    id
  }
}

fragment CompanyPageBottom_query_2bVJwf on Query {
  ...GeneralFeed_data_3NXCcw
  ...CompactFeed_3NXCcw
  ...UpcomingEventsQuery_Ux1x9
  ...RiskRecommendMatrix_query_Ux1x9
  ...CompanyOverviewGraphs_query_Ux1x9
  ...NonERCompanyOverviewGraphs_query_Ux1x9
  company(companySlug: $companyName) {
    companyInsref
    ...ForumUpdates_Company
    defaultInstrument {
      coreId
      id
    }
    id
  }
  allFeed: feedContent(first: 1, companySlug: $companyName, filter: {hideUpcomingVideos: true}) {
    edges {
      node {
        __typename
        id
      }
    }
  }
  main: feedContent(first: 1, companySlug: $companyName, filter: {hideUpcomingVideos: true, types: [COMPANY_REPORT, EXTENSIVE_COMPANY_REPORT, ANALYST_COMMENT, VIDEO, ARTICLE]}) {
    edges {
      node {
        __typename
        id
      }
    }
  }
  webcasts: feedContent(first: 1, companySlug: $companyName, filter: {hideUpcomingVideos: true, types: [WEBCAST]}) {
    edges {
      node {
        __typename
        id
      }
    }
  }
  thirdPartyResearch: feedContent(first: 1, companySlug: $companyName, filter: {types: [THIRD_PARTY_COMPANY_REPORT]}) {
    edges {
      node {
        __typename
        id
      }
    }
  }
  releases: feedContent(first: 1, companySlug: $companyName, filter: {types: [STOCK_EXCHANGE_RELEASE, PRESS_RELEASE]}) {
    edges {
      node {
        __typename
        id
      }
    }
  }
}

fragment CompanyPageTop_query_Ux1x9 on Query {
  ...StockChart_ChartQuery_Ux1x9
  ...LatestReports_query_Ux1x9
  company(companySlug: $companyName) {
    isFund
    name
    ...CompanyCoverage_Company
    ...CompanyName_Slug
    ...CompanyDescription_Company
    ...FundNumbers_Company
    ...ChangePercentBlock_Company
    ...KeyEstimateFigures_Company
    ...InvestmentCompanyKeyFigures_Company
    defaultInstrument {
      id
      estimateData {
        modelType
      }
    }
    analysts {
      name
      id
    }
    id
  }
  extensiveReport: feedContent(first: 1, companySlug: $companyName, filter: {types: [EXTENSIVE_COMPANY_REPORT]}) {
    edges {
      node {
        __typename
        id
      }
    }
  }
  analysis: feedContent(first: 1, companySlug: $companyName, filter: {types: [COMPANY_REPORT, EXTENSIVE_COMPANY_REPORT], tagNames_nin: ["Mallisalkku", "Arvonluojat"]}) {
    edges {
      node {
        __typename
        id
      }
    }
  }
  analysisArvonluojat: feedContent(first: 1, companySlug: $companyName, filter: {types: [COMPANY_REPORT, EXTENSIVE_COMPANY_REPORT], tagNames_nin: ["Mallisalkku"]}) {
    edges {
      node {
        __typename
        id
      }
    }
  }
}

fragment CompanyTagList on Company {
  pageUrl
  name
  viewerIsFollowing
}

fragment Extensive_query_3u4Ry5 on Query {
  company(companySlug: $companyName) {
    extensive(extensiveId: $extensiveId, snapshotDate: $snapshotDate) {
      publishedAt
      pageUrl
      content {
        id
        title
        lang
        slug
        htmlBody
        publishedAt
        createdAt
        changedAt
        isOutdated
      }
    }
    id
  }
}

fragment ForumUpdates_Company on Company {
  name
  forum {
    threadUrl
    highlightedPosts {
      url
      author
      authorImgUrl
      text
      postedAt
      likesCount
    }
  }
}

fragment FundNumbers_Company on Company {
  defaultInstrument {
    isin
    symbol
    priceData {
      lastPrice
      ath
    }
    id
  }
}

fragment GeneralFeed_data_3NXCcw on Query {
  generalFeed: feedContent(first: 20, companySlug: $companyName, filter: {types: $feedTypes}) {
    edges {
      node {
        __typename
        id
        ...Teaser_content
        ...TeaserCompact_content
      }
      cursor
    }
    pageInfo {
      endCursor
      hasNextPage
    }
  }
}

fragment InvestmentCompanyKeyFigures_Company on Company {
  marketData {
    marketCap
  }
  defaultInstrument {
    priceData {
      tradeCurrency
      dailyTurnover
    }
    estimateData {
      modelType
    }
    estimateTransactions(first: 1, includeQuarters: true) {
      actualized {
        year
        quarter
        sharesTotal
        marketCap
        nav
        navPerShare
        dividendYield
        quarterlySharePrice
      }
      estimates {
        year
        quarter
        dividendYield
      }
    }
    id
  }
}

fragment KeyEstimateFigures_Company on Company {
  marketData {
    marketCap
  }
  defaultInstrument {
    priceData {
      tradeCurrency
      dailyTurnover
      lastPrice
      marketCap
    }
    sector
    fundamentalData {
      ebit
      eps
      sales
      dividend
    }
    estimateData {
      modelType
      estimates {
        firstEstimateYear {
          year
          bookValue
          netSales
          dividendA
          epsAdjusted
          ebitAdjusted
          hybridLoan
          noOfShares
          netDebt
          mvMinorities
          mvAssociated
          roePercent
        }
      }
    }
    estimatesSharePrice: estimateTransactions(first: 1) {
      estimates {
        sharePrice
      }
    }
    id
  }
}

fragment LatestReports_query_Ux1x9 on Query {
  extensiveReport: feedContent(first: 1, companySlug: $companyName, filter: {types: [EXTENSIVE_COMPANY_REPORT]}) {
    edges {
      node {
        __typename
        createdAt
        pageUrl
        id
      }
    }
  }
  analysis: feedContent(first: 1, companySlug: $companyName, filter: {types: [COMPANY_REPORT, EXTENSIVE_COMPANY_REPORT], tagNames_nin: ["Mallisalkku", "Arvonluojat"]}) {
    edges {
      node {
        __typename
        createdAt
        pageUrl
        id
      }
    }
  }
  analysisArvonluojat: feedContent(first: 1, companySlug: $companyName, filter: {types: [COMPANY_REPORT, EXTENSIVE_COMPANY_REPORT], tagNames_nin: ["Mallisalkku"]}) {
    edges {
      node {
        __typename
        createdAt
        pageUrl
        id
      }
    }
  }
}

fragment NonERCompanyNumbers_query on Company {
  name
  defaultInstrument {
    nonERNumberSet: nonERCompanyNumberSet(includeQuarters: true) {
      year
      quarter
      revenue
      ebitda
      ebitReported
      epsReported
      dividend
      sharesTotal
      roe
      roi
      enterpriseValue
      marketCap
      gearingRatio
      equityRatio
      dividendYield
      sharePrice
      currency
      evSales
      evEbitda
      evEbit
      pb
      netIncome
      ptp
    }
    id
  }
}

fragment NonERCompanyOverviewGraphs_query_Ux1x9 on Query {
  company(companySlug: $companyName) {
    defaultInstrument {
      overviewGraphsData: nonERCompanyNumberSet(includeQuarters: false) {
        year
        revenue
        ebitReported
        epsReported
        dividend
        dividendYield
        currency
      }
      id
    }
    id
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment RiskRecommendMatrix_query_Ux1x9 on Query {
  company(companySlug: $companyName) {
    defaultInstrument {
      riskData: estimateTransactions(first: 1) {
        businessRisk
        valuationRisk
      }
      id
    }
    id
  }
}

fragment StockChart_ChartQuery_Ux1x9 on Query {
  company(companySlug: $companyName) {
    isFund
    defaultInstrument {
      coreId
      id
      marketOpen
      marketClose
      marketplace {
        region
      }
      priceData {
        lastPrice
      }
      returns {
        day
        week
        month
        threeMonths
        sixMonths
        year
        threeYears
        fiveYears
        tenYears
        ytd
        total
      }
    }
    id
  }
}

fragment TargetAndRecommendation_Company on Instrument {
  estimateData {
    modelType
    researchCurrency
    estimates {
      date
      recommendation
      targetPrice
    }
  }
}

fragment TeaserCompact_content on Content {
  __isContent: __typename
  __typename
  id
  type
  title
  createdAt
  isPremium
  pageUrl
  lang
  companies {
    ...CompanyTagList
    id
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
  ...AuthorList
}

fragment TeaserExtraCompact_content on Content {
  __isContent: __typename
  id
  title
  createdAt
  pageUrl
  lang
  companies {
    name
    pageUrl
    viewerIsFollowing
    id
  }
}

fragment Teaser_content on Content {
  __isContent: __typename
  __typename
  id
  type
  title
  createdAt
  pageUrl
  imgUrl
  isPremium
  lang
  companies {
    ...CompanyTagList
    id
  }
  publishers {
    imgUrl
  }
  authors {
    __typename
    id
  }
  ... on AnalystComment {
    preview
  }
  ... on Article {
    preview
  }
  ... on CompanyReport {
    preview
  }
  ... on ThirdPartyCompanyReport {
    preview
  }
  ... on QA {
    preview
  }
  ... on Video {
    preview
    liveTime
    videoDuration
  }
  ... on Webcast {
    preview
    liveTime
  }
  ...AuthorList
  ...Reactions
}

fragment UpcomingEventsQuery_Ux1x9 on Query {
  company(companySlug: $companyName) {
    defaultInstrument {
      calendarEvents(first: 10) {
        edges {
          node {
            date
            type
            period
            id
          }
        }
      }
      id
    }
    id
  }
}


name

description

pageUrl

defaultInstrument

companyInsref

viewerIsFollowing

followersCount

isCorporateCustomer

hasPinpointData

hasDividendHistory

sector

regions

extensiveExists

topOwners

insiderTransactions

isPayingCustomerOf

isFormerCustomerOf

extensive

feedContent

Embracer Group

Redeye: Embracer (Q3 Review): Stable near-term outlook, game pipeline supports upside in 2026/27E

Embracer, Audiocast, Q3'25/26

Embracer Group publicerar delårsrapport Q3, oktober-december 2025: Justerat EBIT uppgick till 528 MSEK

Embracer Group publishes Interim Report Q3, October-December 2025: Adjusted EBIT amounted to SEK 528 million

Modular Finance IR Consensus: Embracer Group – Consensus estimates Q3 2025/2026

Inbjudan till presentation av Embracer Groups Q3-rapport

Invitation to presentation of Embracer Group’s Q3 report

Valberedning utsedd inför Embracer Groups årsstämma 2026

Nomination Committee appointed for Embracer Group’s Annual General Meeting 2026

Lee Guinchard utsedd till Chief Operating Officer

Lee Guinchard appointed Chief Operating Officer

Finansinspektionen: Flaggningsmeddelande i Embracer Group AB

Crystal Dynamics och Amazon Game Studios presenterar två nya Tomb Raider-titlar – och andra höjdpunkter från The Game Awards

Crystal Dynamics and Amazon Game Studios reveal two new Tomb Raider titles – and other highlights from The Game Awards

Coffee Stain Group publicerar bolagsbeskrivning i samband med noteringen av B-aktierna på Nasdaq First North Premier Growth Market i Stockholm

Coffee Stain Group publishes company description in connection with listing of its class B shares on Nasdaq First North Premier Growth Market in Stockholm

Finansinspektionen: Korrigering flaggningsmeddelande i Embracer Group AB

Embracer Group avyttrar Arc Games och Cryptic Studios, samtidigt som flera nyckelrättigheter behålls inom koncernen

Embracer Group divests Arc Games and Cryptic Studios, while several key rights are retained within the group

NASDAQ Stockholm

Embracer Group is a global group with operations in PC/console and mobile games, as well as other related media. The group has an extensive game portfolio and conducts development both through internal studios and in collaboration with external developers. The company is headquartered in Karlstad and has a global presence through its operative groups.

I’m waiting for my bank to get the acquisition price for Coffee Stain sorted out, then I’ll post whatever lottery numbers they came up with.  A small update on the last year where Embracer is Embracer. And New Year’s greetings if anyone still owns this   Embracer’s YTD looks grim if you only look at this image. (Yahoo) But for Embracer + Asmodee + Coffee Stain, the YTD is actually +4.9%. This depends on having participated in this year’s spin-off saga. Enterprise value, which likely tells many about the risk profile, also changed significantly. Embracer released one high-profile and profitable game. They put Easybrain up for sale, thanks to which the debt load vanished; Asmodee is still digesting its own debt for a while, but progress has been made there too. The change in enterprise value (Embracer + Asmodee + Coffee Stain) was 55.37 BSEK (end of 2024) and 44.22 BSEK (end of this year). So, the enterprise value “collapsed” by 11 BSEK. To some extent, Embracer’s AAA products have taken hits and seen delays (where’s Metro, when’s Marvel), and cancellations in collaborative projects (Perfect Dark, LOTR online). Additionally, no share issues, no forced sales. Above all, a year of change in the risk profile. This list comes from the Swedish Placera forum, user Lucifer:   Studios and similar that disappeared in 2025 Embracer’s management said they weren’t done after the restructuring program, and they weren’t. Many of the things they have done have been too small to issue a press release, so I collected everything that disappeared in 2025. In 2025, Embracer has distributed:  Asmodee Group  Coffee Stain Group In 2025, Embracer has sold:  EasyBrain (formerly EasyBrain)  Misc Games (formerly Amplifier)  ​​​​Studio Hermitage (formerly Amplifier)  ​​​​Zapper Games (formerly Amplifier)  ​​​​SpringboardVR (formerly Plaion)  Arc Games (formerly Gearbox)  Cryptic Studios (formerly Gearbox)  Lost Boys Interactive (formerly Gearbox)  Anime Limited (formerly Plaion pictures) In 2025, Embracer has shut down:  Green Tile Digital (formerly Amplifier)  ​​​​Infinite Mana Games (formerly Amplifier)  ​​​​Palindrome Interactive (formerly Amplifier)  ​​​​Mirage Game Studios (formerly THQ Nordic)  IUGO Mobile Entertainment (formerly DECA) In 2025, Embracer has merged:  Jufeng Studio (DECA)  Gaya Entertainment (Plaion)  18point2 (Plaion)  KSM Film (Plaion Pictures)  Spotfilm Networx (Plaion Pictures)  Parent company Embracer has been stripped down very lean; it’s as if the Goat Simulator goat took the rest of the cabbage with it when Coffee Stain spun off. I’m surprised CS got numbers this high and seems to be defending the 20 SEK line (insiders have been buying too). The game lineup should then start at the beginning of the year, led by Reanimal in February.  Gothic Remake Warhammer Dawn of War 4 Fatekeeper Tomb Raider: Legacy of Atlantis, for which I expect strong sales.  Year 2025 in short  Risk profile improved, share price curve worsened.

And the biggest buzz around those Tomb Raiders has been generated by the remake of the first part with the UE5 engine. Out next year, perhaps in the H2 half. If I’ve understood correctly, from the start Embracer would get some revenue shared with Amazon, but of course a larger slice goes to Amazon until the Recoups are achieved. [ https://flyingwildhog.com ] would probably be roughly slightly smaller than Remedy, and they also have some of their own games, of which Shadow Warrior is a more well-known series. Just a wild guess, that the Polish studio is making the Tomb Raider remake with similar sums as Remedy is working on the Control sequel for 50-70m€. [ https://cyberpost.co/what-is-the-average-budget-for-aaa-games/ ] The price tag for Catalyst is then the bigger question mark, but since Amazon is sharing the costs and the entire Crystal Dynamics with its staff seems to be responsible for making this new Tomb Raider. Additionally, there’s a rumor that this game would be an open-world adventure, with most of the employees in the US, so there’s a lot of investment here. 100-150m$ is a wild guess, but I’d lean towards the latter figure; the previous main series Tomb Raider was released in 2018. These estimates are then without the marketing costs; of course, the upcoming TV series will handle some of it, and it’s a really good move to bring two games out simultaneously, which also helps a bit. The final price tag cannot be said yet, but Lara Croft’s return has not been approached with small sums, considering Amazon’s TV series as well. Finally, to quote Akee: “a good game is still needed” and in this case, two. Regarding visibility, some X-rumor claimed that various videos had been watched as many as 10 million times already after the Game Awards, but then Catalyst needs to sell at least 5-7m copies. The remake could even sell as much as Remedy needs to sell Control to break even, and then just more similar early Tomb Raiders in a row.

It’s fun to read the Remedy thread, where the TGA announcement sparks lively discussion, but Embracer’s “mega-IP” Tomb Raider announcements didn’t generate much reaction. And this isn’t limited to the Inderes forum – the attention Lara Croft’s adventures receive is indeed less than, say, Control. So, if the schedules hold, Amazon Game Studios will release a remake of the first Tomb Raider, Tomb Raider: Legacy of Atlantis, as early as 2026, while 2027 will see Tomb Raider: Catalyst, featuring entirely new plot twists and tombs. It would be interesting to know the budgets for these games and Embracer’s royalty share. Perhaps some advance has been paid for the use of the IP, and development is carried out by Embracer’s Crystal Dynamics and Flying Wild Hog, so development fees will at least flow in. Perhaps Embracer’s ultimate goal is to sell the IP to Amazon at a good price. But even though these announcements have been somewhat overshadowed by others, Tomb Raider’s recognizability extends to the less gaming-savvy population, so the sheer volume of online discussions is not a sufficient metric to assess how the game will succeed compared to, say, Control Resonant or Divinity.                   Embracer Group              Crystal Dynamics and Amazon Game Studios reveal two new Tomb Raider titles –...    During the night, at The Game Awards in Los Angeles, the annual event celebrating video game excellence, Crystal Dynamics, together with Amazon Game Studios, unveiled two new entries in the Tomb Raider franchise: Tomb Raider: Legacy of Atlantis, a...         Est. reading time: 3 minutes

At first, I was inclined to be quite disappointed with yesterday, but after digesting the report, it looks like quite a defensive victory has been baked in, and the share price reaction certainly brought some relief.  no earnings collapse no cash crisis no new restructuring decisions  The market was already pricing in a lot of trouble for the company. Maybe Embracer finally found its bottom, but the movement over the coming days will tell us more. Short interest has been steadily increasing; I wonder if yesterday even made that crowd raise their eyebrows. The future trajectory is what matters most: that Embu’s studios’ performance leads to successful game launches and that the major AAA flagships are also supported by successful AA releases, as well as more interesting projects in the pipeline (what the audience wants). I think the short-term outlook is already slightly better than last autumn, and Gothic, which has had good wishlist rankings, finally got its release date. Tomb Raider is coming in 2026 (this was also clearly clarified now). And ReAnimal sales kick off today. Hoping for a quick one-million-unit milestone. A large number of ROI bubbles appeared at the bottom again. I tested the SpongeBob (Paavo) game with the kids, and even they didn’t play it for long   I’m not bashing the studio of the SpongeBob game, but maybe it’s time to let go of this license and let this team try adapting the next morning cartoon into a game. LittleBigPlanet was dug out of the box, and it caused a huge row over game turns…

Reanimal’s review embargos lift tomorrow morning around 11:00. There could be a small bump from the reviews, but the sales window is quite tight as the newest Resident Evil is also being released later this month. This brings me to the point that Embracer’s target is hanging by a thread, and there might possibly even be a profit warning in the next interim report. Not much information has been released about the release of Gothic yet; the latest Making of 5 mentioned to have a little patience and “soon.” So, based on my thoughts, the traction from the PC side won’t be enough yet. A lot relies on sales from others (mobile, LOTR, licenses). There also seems to be an interesting confusion, as it previously seemed the TB (Tomb Raider) remake was flagged for this year, but now that too must be called into question. Especially since Crystal Dynamics is promising more information about the game this year… Earnings the day after tomorrow… luckily they’re getting some games out…  From the rumor mill: Chris Stockman has been working on a draft for a Saints Row prequel for 3 months already, so this is indeed a serious attempt to revive the game series. Chris promised news when there is any to give, although silence could also indicate that the project has been shelved. There is supposedly even a AAAA-sized project underway within Eidos; I don’t know if it’s their own or contract work for someone else (Microsoft’s Fable?).

The Amazon-funded and long-developed Tomb Raider by Crystal Dynamics will finally show signs of life at The Game Awards.                   VGC – 8 Dec 25              The ‘future of Tomb Raider’ will be revealed at The Game Awards | VGC    Crystal Dynamics announced three years ago that it had started working on a new Tomb Raider…

Reanimal will likely sell quite well, although THQ Nordic has a magical ability to fail with every release. THQ released a new game last week as well and probably no one even noticed, but once again, it’s guaranteed filler for the bottom row of the ROI table:

Embracer Group

49.90 SEK