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
Feb 06, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.18Last Year’s EPS
0.09Same Quarter Last Year
Based on 3 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Nov 13, 2018
|% Change Since: -0.43%
|Next Earnings Date:Aug 14, 2018
Earnings Call Sentiment|Neutral
The earnings call reflects a positive trend with increased revenue, profit growth, and successful game releases. However, challenges such as currency impacts, employee reductions, and past write-downs present areas of concern.Company Guidance
During the Paradox Interactive Q3 2024 earnings call, the company reported a revenue of SEK 434 million, reflecting a 2% increase from the previous year’s Q3 revenue of SEK 426 million, despite currency fluctuations that negatively impacted revenue by 3-4%. The operating profit was significantly higher at SEK 143 million compared to SEK 85 million in Q3 2023, largely due to fewer marketing expenses this year. Profit after tax was SEK 120 million, up from SEK 69 million last year, with a profit margin of 35%. The company released several games, including Roads to Power for Crusader Kings III and Cosmic Storms for Stellaris, and Mechabellum reached its 1.0 release. It was noted that Cities: Skylines I and II, Crusader Kings III, Hearts of Iron IV, and Stellaris were the top revenue contributors, and the company emphasized a strategic focus on improving the quality of games and restructuring the publishing team to enhance third-party collaborations. The average number of employees was reduced to 584 from 634 due to studio closures, and the company’s financial health was supported by a strong cash flow from positive financial items, despite a decrease in development CapEx. The guidance indicated a cautious yet optimistic outlook for future releases and continued improvements in operational efficiencies.Revenue Increase
Revenues came in at SEK 434 million, a 2% increase from last year's Q3 (SEK 426 million) despite foreign exchange headwinds.
Significant Profit Growth
Operating profit reached SEK 143 million, up from SEK 85 million last year, with profit after tax at SEK 120 million compared to SEK 69 million.
Successful Game Releases
Notable releases include Roads to Power for Crusader Kings III, Cosmic Storms for Stellaris, and Mechabellum reaching version 1.0.
Strong Financial Position
Interest income increased to SEK 8 million due to favorable interest rates, with over SEK 1 billion in the bank.
Improved Cost Management
Cost of goods sold decreased to SEK 217 million from SEK 255 million, with a significant reduction in selling expenses as well.
---
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 |
|---|---|---|---|
| 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% |
| Feb 06, 2024 | $18.28 | $19.02 | +4.05% |
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 Feb 06, 2025, TBA Not Confirmed.
What is Paradox Interactive (PRXXF) earnings time?
Paradox Interactive (PRXXF) earnings time is at Feb 06, 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 2024 (Q4) is 0.18.
---