contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  tags {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls: translations {
    __typename
    pageUrl
    lang
  }
  imgUrl
  description
  ... on Video {
    liveTime
    videoUrl
  }
  ... on Webcast {
    liveTime
    videoUrl
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    summary
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      name
      id
      viewerIsFollowing
      pageUrl
      defaultInstrument {
        isin
        id
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
    }
    tags {
      viewerIsFollowing
      id
      name
      pageUrl
    }
    createdAt
    ... on Video {
      liveTime
    }
    ... on Webcast {
      liveTime
    }
    slug
    ... on CompanyReport {
      reportUrl
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    name
    pageUrl
    defaultInstrument {
      priceData {
        tradeCurrency
      }
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
    id
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

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

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      name
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


asmodee-utnyttjar-kopoption-pa-minoritetsandel-i-exploding-kittens-inc

__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

Asmodee is active in the development and sale of board games. The company has a broad portfolio of games, including CATAN®, Ticket to Ride®, Dobble/Spot it! ®, Exploding Kittens® and more. The games are offered on both digital and physical platforms. With its operational headquarters in France, Asmodee operates in Europe, North America, South America, Asia and Oceania.

The gap between Asmodee and Embracer has only widened over the past year. Asmodee already operates practically as a fully independent company. Financing, cash flow, and strategy no longer rely on Embracer. Still, it feels like some of the Embracer pessimism is still weighing down Asmodee’s valuation. The report on Christmas sales (Feb 19th) will be interesting to see how close they are to Asmodee’s targets regarding when the shareholder remuneration policy could begin (of course, the full-year results come first).  Analyst consensus remains positive.  I tried to learn Catan with my wife at a board game bar, but a slight state of dizziness prevented me from internalizing the rules.

My gut feeling is from the previous day’s Asmodee sell-off, especially since Embracer’s insiders have been buying up their own company, that Asmodee has been sold off a bit more in Larss’s wake…

Lars, together with a board member, sold 5 million shares of Asmodee at a price of 117 SEK. To institutional and private investors. Asmodee released a good report, perhaps a minor flaw that sales of their own games were slightly weak (-1%), but this is reportedly going to be fixed soon. Target prices are still above the current share price.

Luvut tuli julki, kasvu jatkuu. Fourth quarter, January-March 2025  Net sales amounted to EUR 341.4 million (277.5), an increase of 23.0%, of which 23.6% relates to organic growth.  Games published by Asmodee studios increased by 10.2%. Games published by partners increased by 32.5%. Others decreased by -20.2%.   Adjusted EBITDA amounted to EUR 40.8 million (42.3), corresponding to an adjusted EBITDA margin of 11.9% (15.2). Adjusted EBIT amounted to EUR 32.8 million (34.6). EBIT amounted to EUR 30.9 million (-786.3), where last year was negatively impacted by an impairment of goodwill as well as publishing and distribution rights. Profit for the quarter amounted to EUR -0.1 million (-632.5), which equates to basic earnings per share of EUR 0.00 (-6.56). Free cash flow after tax and capitalized lease payments amounted to EUR 95.1 million.  Full-year, April 2024-March 2025  Net sales amounted to EUR 1,369 million (1,288), an increase of 6.3%, of which 7.7% relates to organic growth.  Games published by Asmodee studios increased by 16.9% Games published by partners increased by 4.3%. Others decreased by -28.3%.   Adjusted EBITDA amounted to EUR 228.2 million (211.7), corresponding to an adjusted EBITDA margin of 16.7% (16.4%). Adjusted EBIT amounted to EUR 198.2 million (181.0). EBIT amounted to EUR 116.7 million (-710.3). Profit for the period amounted to EUR 4.7 million (-541.2), which equates to basic earnings per share of EUR 0.03 (-5.61). Free cash flow after tax and capitalized lease payments amounted to EUR 197.3 million (184.8). Net debt/EBITDA amounted to 1.8x (-0.1) and 2.3x (0.8) before and after M&A commitments respectively. The Board of Directors proposes that no dividend shall be paid for the fiscal year 24/25 and that retained earnings shall be carried forward.   Thomas Goeglerin mukaan kasvu ylitti johdon odotukset ja tullien vaikutus on Asmodeen kannalta vain vähäinen vaikutus. Edellispäivänä Asmodee oli hetken ohi Embracerin markkina-arvon. Saa nähdä miten käy kun viikko kääntyy perjantaille.

This would probably be about hyping up the stock, but it’s about the outcome after Asmodee and Embracer’s split. The Asmodee mentioned above has interested investors, and Asmodee is about to overtake Embracer’s market value from the inside lane. The interim report is coming next week on Wednesday, May 21st. There seems to be a lot of hype coming from Sweden, even with the latest headlines. (paywall)  [ https://www.affarsvarlden.se/intervju/lancelot-forvaltaren-satsar-pa-spel-dubblingspotential-i-asmodee ] And ABG considers Asmodee a hidden gem on the stock market, giving it a target price of 135 SEK with a buy recommendation. Analysts following Asmodee also seem to be unanimous.  [ https://ae.marketscreener.com/quote/stock/FINANCIERE-AMUSE-TOPCO-SA-181989836/news/Asmodee-a-hidden-gem-ABG-Private-Banking-s-top-pick-of-the-week-49841161/]

Asmodee is breaking the 100 SEK mark and probably going a bit deeper, looking for a firmer bottom for itself. 98.5 SEK was the price when it separated from Embracer. And before the separation occurred, the combined share price of both was 230 SEK, which corresponded to an old Embracer price of ~38 SEK. The decline may continue, as Embracer didn’t even manage to cross the 30 SEK mark. That tight former 30 SEK level could be, when calculated for Asmodee, somewhere around 77 SEK; let’s see if it reaches that point. Selling pressure seems to be on, at least for now, as credit ratings didn’t significantly affect a reversal of direction.

During the week, Asmodee seemed to have found its place, and share turnover has completely plummeted from the first day’s pace of 10 million shares to under half a million. Several insiders sold off portions of their shares at a price of 111 SEK. Fitch raised the debt rating [https://www.fitchratings.com/research/corporate-finance/fitch-assigns-asmodee-final-bb-rating-on-finalisation-of-recapitalisation-20-02-2025]

Asmodee

Boulogne-Billancourt i Frankrike den 22 december 2025 – Asmodee, en global ledare inom sällskapsspel, bekräftar att bolaget har utnyttjat sin köpoption kopplad till att förvärva den resterande...

<div class="mfn-preamble"><p><strong>Boulogne-Billancourt i Frankrike den 22 december 2025 – Asmodee, en global ledare inom sällskapsspel, bekräftar att bolaget har utnyttjat sin köpoption kopplad till att förvärva den resterande minoritetsandelen om 45% i Exploding Kittens Inc..</strong></p></div><div class="mfn-body"><p>I december 2021 förvärvade asmodee en majoritetsandel om 55% i Exploding Kittens Inc., en förläggare baserad i USA. Asmodee bekräftar att bolaget har utnyttjat sin köpoption kopplad till att förvärva den resterande minoritetsandelen om 45% i Exploding Kittens Inc., vilket är i linje med bolagets tidigare kommunicerade avsikt.</p><p>Köpeskillingen för den återstående minoritetsandelen kommer att fastställas utifrån Exploding Kittens Inc.s operativa resultat för helåret januari–december 2025. Förvärvet av minoritetsandelen förväntas slutföras under första halvan av kalenderåret 2026.</p><p>Exploding Kittens Inc. är sedan tidigare konsoliderat inom asmodee-koncernen.</p></div><div class="mfn-footer mfn-c85c898e1a58"><p><strong class="mfn-heading-1">För mer information, kontakta</strong><br>Nathalie Redmo, Head of Investor Relations, asmodee<br>Tel: +46 768 10 22 43<br>E-post: <a rel="noopener" href="mailto:ir@asmodee.com">ir@asmodee.com</a></p><p>Asmodee Communications team<br>E-post:&nbsp;<a rel="noopener" href="mailto:press@asmodee.com">press@asmodee.com</a></p></div><div class="mfn-footer mfn-about mfn-8ca9ae4b9900"><p><strong class="mfn-heading-1">Om oss</strong><br>Asmodee är en global ledare inom sällskapsspel. Med spelarna som inspiration har asmodee i över 30 år skapat och lanserat fängslande upplevelser att dela tillsammans. Portföljen inkluderar omtyckta spel och varumärken som <em>CATAN®</em>, <em>Ticket to Ride®</em>, <em>Dobble/Spot it!®</em>, <em>7 Wonders</em> och <em>Exploding Kittens®</em>. asmodee har sitt operativa huvudkontor i Frankrike och är verksamt globalt, med spel i mer än 100 länder världen över. Asmodee-koncernens B-aktier är börsnoterade på Nasdaq Stockholm under koden ASMDEE B. Läs mer om asmodee&nbsp;<a rel="noopener" href="https://corporate.asmodee.com/sv/newsroom#newsletter">här</a>.</p></div><div class="mfn-footer mfn-attachment mfn-attachment-general"><p><strong class="mfn-heading-1">Bifogade filer</strong><br><a rel="noopener" href="https://storage.mfn.se/c010097a-681a-46b2-9f86-ea45fc894151/asmodee-utnyttjar-kopoption-pa-minoritetsandel-i-exploding-kittens-inc.pdf" class="mfn-generated mfn-primary">Asmodee utnyttjar köpoption på minoritetsandel i Exploding Kittens Inc.</a></p></div>