Remedy Q1 next Wednesday: In the investment phase
We have made changes to our quarterly estimates ahead of Remedy's Q1 report on April 26 at 9.00 am. On an annual basis, our estimates are largely unchanged, and this year Remedy is still in a clear investment phase as the company builds its strategy for the next phase of growth with 5 major game projects under development. However, the end of the year will see the start of the company's investor story with the release of Alan Wake 2, which is also a key near-term driver for the stock.
Remedy Entertainment
Remedy Entertainment is a game developer. The business is primarily focused on the development of action games, with a particular focus on 3D technology. Examples of games developed by the company include several different versions of Alan Wake, Max Payne, and Control. Remedy also develops its own game engine and utility technology that powers many of the games. The company was founded in 1995 and has its headquarters in Espoo.
Read more on company pageKey Estimate Figures18.04.2023
2022 | 23e | 24e | |
---|---|---|---|
Revenue | 43.6 | 35.6 | 62.1 |
growth-% | -2.54 % | -18.33 % | 74.44 % |
EBIT (adj.) | -0.6 | -11.2 | 6.7 |
EBIT-% (adj.) | -1.29 % | -31.46 % | 10.84 % |
EPS (adj.) | -0.13 | -0.67 | 0.39 |
Dividend | 0.10 | 0.10 | 0.17 |
Dividend % | 0.46 % | 0.50 % | 0.85 % |
P/E (adj.) | - | - | 51.67 |
EV/EBITDA | 126.51 | - | 16.76 |