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Starbreeze: All bets on Payday

Starbreeze

PAYDAY 2 represents 97% of game developer Starbreeze’s total revenue. All bets are now on PAYDAY 3, which will be launched during H2'23. Analyst Anton Damstén summarizes the case, the ongoing rights issue, as well as valuation and recommendation.

Read the extended research, published 2023-05-30:
Starbreeze: It starts with Payday 3


Contents:
00:00 Start
00:10 One game - one company
01:10 Gaas model
01:40 PAYDAY 3
02:40 Risks
03:54 Ongoing rights issue and convertible loan
05:40 Future projects and plans
06:44 Publishing business
07:30 Valuation and recommendation
09:30 The possibilities for PAYDAY 3’s success

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