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Starbreeze Q3 2023: Development costs already recouped - Redeye

According to our expectations, Starbreeze generated net sales of around half a billion SEK during Q3 2023. This confirms, in our view, that the distribution agreement with Microsoft has yielded approximately SEK 220-250 million, as we have anticipated since the announcement of the agreement. It also clearly demonstrates the anticipation for Payday 3 and the brand's popularity. Operating profit exceeded our estimate.

According to our expectations, Starbreeze generated net sales of around half a billion SEK during Q3 2023. This confirms, in our view, that the distribution agreement with Microsoft has yielded approximately SEK 220-250 million, as we have anticipated since the announcement of the agreement. It also clearly demonstrates the anticipation for Payday 3 and the brand's popularity. Operating profit exceeded our estimate.
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