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Starbreeze Q2 2024: More content awaits - Redeye

Net sales were SEK5m higher than expected, with an EBITDA almost SEK3m higher than our estimate. However, amortizations were much higher than our estimate, reflecting a more aggressive amortization rate on Payday 3. This will dampen EBIT in the short-term but will have a positive effect on EBIT more long-term (1-2 years). D&A was SEK60m higher than our estimate in the quarter.

Net sales were SEK5m higher than expected, with an EBITDA almost SEK3m higher than our estimate. However, amortizations were much higher than our estimate, reflecting a more aggressive amortization rate on Payday 3. This will dampen EBIT in the short-term but will have a positive effect on EBIT more long-term (1-2 years). D&A was SEK60m higher than our estimate in the quarter.
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