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Paradox Interactive AB (PRXXF)
OTHER OTC:PRXXF
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Earnings Data
Report Date
Feb 06, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.17Last Year’s EPS
0.08Same Quarter Last Year
Based on 3 Analysts Ratings
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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 balanced situation where the company experiences stable financial performance and strong cash position, along with challenges in quality control and specific underperforming projects. The management remains optimistic about future improvements and strategic opportunities.Company Guidance
During the Paradox Interactive Q1 2024 earnings call, the company reported revenues of SEK 482 million, almost identical to last year's Q1 revenue of SEK 483 million. The operating profit was SEK 154 million, slightly down by 1% from last year's SEK 156 million, maintaining a profit margin of 34%. Despite no revenue from subscription services this quarter, the company highlighted strong underlying sales in its core franchises, with Cities: Skylines I and II, Crusader Kings III, Hearts of Iron IV, and Stellaris taking the top revenue spots. Though marketing costs increased due to upcoming releases like Life by You and Foundry, Paradox managed to maintain profitability. The company boasts a solid financial position with no debt and a cash reserve exceeding SEK 1 billion. Paradox continues to focus on quality improvements and operational efficiency, having reduced FTEs from 665 to 594, while also investing SEK 178 million in game development. The equity to asset ratio improved to 78%, reflecting the company's strong financial health and long-term strategic focus.Stable Revenue and Profit
Revenues were stable at SEK 482 million compared to SEK 483 million in Q1 last year. Operating profit was also similar, with SEK 154 million this quarter versus SEK 156 million in the previous year, indicating steady financial performance despite market challenges.
Strong Cash Position and No Debt
The company maintains a strong cash position with over SEK 1 billion and has no debt, providing financial stability and flexibility to pursue strategic opportunities.
Expansion into New Platforms
The release of Across the Obelisk on Nintendo Switch marks Paradox Interactive's first publishing effort on this platform, representing a new milestone for the company.
Successful DLC and Game Releases
Released several DLCs and games, including Millennia, Trial of Allegiance for Hearts of Iron IV, Primal Fury for Age of Wonders 4, and Legends of the Dead for Crusader Kings III, showcasing robust content development.
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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
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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.
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FAQ
When does Paradox Interactive AB (PRXXF) report earnings?
Paradox Interactive AB (PRXXF) is schdueled to report earning on Feb 06, 2025, TBA Not Confirmed.
What is Paradox Interactive AB (PRXXF) earnings time?
Paradox Interactive AB (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 0.17.
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