Acquisition of Haemimont Games
Paradox Interactive completed the acquisition of Haemimont Games, aligning with their strategic intent to expand into the management segment of games.
Strong Cash Flow
Despite a slow quarter, Paradox Interactive reported a strong cash flow, with cash flow from operating activities at SEK266 million, up from SEK137 million in Q1 last year.
Stable Operating Profit
Operating profit for Q1 was SEK147 million compared to SEK154 million last year, showing stability despite fewer releases.
Equity through Asset Ratio Improvement
The equity through asset ratio improved from 78% last year to 83% this year.
Successful Expansion Passes
Three expansion passes for key IPs were announced and performed well, indicating strong product engagement.