Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Paradox Interactive (PRXXF)
:PRXXF
Earnings Data
Report Date
Apr 24, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.15Last Year’s EPS
0.11Same Quarter Last Year
Moderate Sell
Based on 3 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Feb 06, 2025
|% Change Since: -8.43%
|Next Earnings Date:Apr 24, 2025
Earnings Call Sentiment|Neutral
The earnings call reflects a strong financial performance in Q4 2024, driven by organic sales and successful marketing, despite a lack of new game releases and some challenges with game delays. The acquisition of Haemimont Games is a strategic positive move. However, the dependence on existing franchises and the decline in revenue compared to the previous year present challenges.Company Guidance
In the latest earnings call for Paradox Interactive, several key financial metrics were highlighted for Q4 2024. The company reported revenues of SEK 709 million, a drop from SEK 996 million in Q4 2023, yet still a record for a quarter without any new game releases. This was achieved through strong sales of DLCs across major franchises like Hearts of Iron IV, Stellaris, and Cities: Skylines II, alongside effective marketing strategies and favorable currency exchange rates. Operating profit reached SEK 395 million, significantly up from SEK 124 million in the previous year, largely due to the absence of write-downs that impacted prior quarters. The profit margin stood at 57%, with profit after financial items at SEK 404 million, boosted by interest income from cash reserves. The company also noted a decline in average employees from 622 to 574, attributed to studio closures, though this number will rise following the acquisition of Haemimont Games. Overall, Paradox Interactive demonstrated strong financial performance with a strategic focus on leveraging existing franchises and cautious project management to mitigate risks.Strong Q4 Revenue Performance
Paradox Interactive reported SEK 709 million in revenue for Q4 2024, despite not releasing any new games, marking a record for a quarter without new game launches.
Record Operating Profit
The operating profit for Q4 2024 was a record SEK 395 million, up from SEK 124 million in Q4 2023.
Successful Marketing Strategies
The marketing activities during Q4, including discounts and sales events, were highly successful, contributing to strong sales figures.
Acquisition of Haemimont Games
Paradox Interactive acquired Haemimont Games, a studio known for quality games like Surviving Mars and Jagged Alliance 3, enhancing their portfolio.
Reduced Average Number of Employees
The average number of employees decreased from 622 in Q4 2023 to 574 in Q4 2024, indicating efficient restructuring.
---
PRXXF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
PRXXF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 06, 2025 | $20.29 | $20.00 | -1.43% |
| Oct 31, 2024 | $18.66 | $18.72 | +0.32% |
| Jul 25, 2024 | $13.22 | $13.60 | +2.87% |
| Apr 25, 2024 | $15.48 | $15.52 | +0.26% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Paradox Interactive (PRXXF) report earnings?
Paradox Interactive (PRXXF) is schdueled to report earning on Apr 24, 2025, TBA Not Confirmed.
What is Paradox Interactive (PRXXF) earnings time?
Paradox Interactive (PRXXF) earnings time is at Apr 24, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PRXXF EPS forecast?
PRXXF EPS forecast for the fiscal quarter 2025 (Q1) is 0.15.
---