P

Paradox Interactive AB (publ)
STO:PDX

Watchlist Manager
Paradox Interactive AB (publ)
STO:PDX
Watchlist
Price: 213.8 SEK 1.52% Market Closed
Market Cap: 22.6B SEK

Paradox Interactive AB (publ)
Investor Relations

Paradox Interactive AB, a stalwart in the video game industry, is known for its deep, intricate grand strategy games that have captivated a niche yet passionate audience worldwide. The company, headquartered in Stockholm, Sweden, has carved out a unique position in the gaming world by developing complex and historically immersive games like "Europa Universalis," "Crusader Kings," and "Hearts of Iron." Paradox's development philosophy revolves around creating games that offer expansive freedom and long-term replayability, allowing players to shape their virtual realities within historical and fantastical settings. This dedication to developing nuanced gaming experiences not only fosters loyalty among its player base but also leads to robust engagement on platforms like Steam, where active communities discuss strategies, mods, and game updates.

Revenue generation for Paradox Interactive is anchored in its effective use of the games-as-a-service model. The company releases downloadable content (DLC) and expansion packs that extend the lifecycle of their games, keeping the content fresh and engaging for existing players and attracting new ones. By continuously updating and expanding their games, Paradox not only capitalizes on initial game sales but also creates a steady stream of revenue post-launch. Additionally, Paradox has expanded its portfolio by acquiring smaller studios and embracing publishing for third-party developers, broadening its influence in both the PC and console markets. This strategic combination of innovative new titles, expansions, and acquisitions propels Paradox Interactive's sustainable growth in a competitive gaming industry landscape.

Show more
Loading

Earnings Calls

2024 Q1
Apr 25, 2024
Show Transcript
Previous
Next
Stable Revenue, Strategic Delays, and Strong Cash Position
2024 Q1
Apr 25, 2024

Paradox Interactive reported stable Q1 revenues of SEK 482 million, nearly mirroring last year's figures. The company's prominent titles, including Cities: Skylines I & II, CK III, HoI4, and Stellaris, remained top revenue contributors. Operating profit was consistent at SEK 154 million, with a slight decline from the previous year. Key delays were noted for Prison Architect 2 and Victoria 3’s DLC, aiming for quality improvement. Despite increased marketing costs and lower subscription revenue, Paradox maintained strong financial health with SEK 1 billion in cash and no debt. The company's profit margins rose to 34%, underscoring the sustainability of its business model.

Show Full Analysis

Management

Mr. Fredrik Wester
Founder, Director & CEO
No Bio Available
Mr. Alexander Bricca
Chief Financial Officer
No Bio Available
Ms. Charlotta Nilsson
Chief Operations Officer
No Bio Available
Mr. Mattias Lilja
Deputy Chief Executive Officer
No Bio Available
Henrik Fahreus
Chief Creative Officer
No Bio Available
Mattias Rengstedt
Chief Business Officer
No Bio Available

Contacts

Address
STOCKHOLM
Stockholm
Magnus Ladulasgatan 4
Contacts