$PDX (+0.19%)
Quarterly figures
- Revenues increase by 72
- Operating profit decrease by 49 % (Write-downs of MSEK 175.8)
- EPS SEK 0.93
The CEO writes that the quality standards are being raised and that they are now trying to save City Skylines. I am of the opinion that this can be achieved. Paradox's games have an average lifespan of 10 years and are actively growing, as you can see with Hearts of Iron. Overall, the figures are not particularly good, but that has already been priced in. The outlook is pretty good and the analysts' estimates are very conservative. The company will continue to grow in the long term. It has no debt, a large pipeline and a new strategy.
What is your opinion on the figures?
https://www.paradoxinteractive.com/investors/financial-reports/year-end-report-january-december-2023