Q3 2025 Starbreeze AB Earnings Call Transcript

Nov 11, 2025 / 09:00 AM GMT

Release Date Price: €0.0106 (-0.93%)

Transcript

Key Points

Positve

Starbreeze AB (FRA:2ST) reported a 35% increase in revenue compared to the previous year.
The company expanded the Payday team to 65 people, focusing on a live service engagement model.
A strategic partnership with Sidetrack Studios was launched to maintain Payday 2, ensuring continued support and updates.
Starbreeze AB (FRA:2ST) closed the quarter with a healthy cash position of 135 million, enabling further investments.
The company reported a positive cash flow from operating activities, contributing to a strong financial foundation.

Negative

Starbreeze AB (FRA:2ST) had to discontinue Project Baxter, resulting in a non-cash impairment of 262 million.
The EBITDA for the quarter decreased slightly compared to the previous year, impacted by one-off effects.
The total loss for the quarter amounted to 285.9 million, influenced by the impairment of Project Baxter.
Net revenue from the Payday franchise was slightly lower than the previous year, indicating room for improvement.
Administrative expenses were high, amounting to over 140 million, though expected to decrease in future quarters.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

STZEb.ST - Starbreeze AB
Q3 2025 Starbreeze AB Earnings Call
Nov 11, 2025 / 09:00AM GMT

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Presentation
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Unidentified_1 [1]
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Good morning and welcome to the 3rd quarter presentation of Starprice Entertainment's results.

The key highlights of this quarter include the strategic refocus with PT at the core where we unfortunately had to make the decision to discontinue Project Baxter.

Project was great, but it was the right decision to make to, basically refocus our company.

On Petey with Pete at this court.

We updated our strategy and and expanded into the hein generator.

The quarter was good in terms of strong operating cash flow, which is supported by about 35% in increase in revenue.

Versus last year?

We expanded the payday team to about 65 people.

And we are now progressing well in terms of

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