Remedy moves the release of Alan Wake 2 forward by 10 days

Translation: Original comment published in Finnish on 8/18/2023 at 6:55 am EEST.
Alan Wake 2 has a new release date of Friday, October 27. The move is due to the busy October release window, which will see a number of big games. We estimate that Spider-Man 2, which will be released on October 20, was particularly influential. Spider-Man 2 is one of the biggest games of the year, and it’s likely to eat up airspace from other games releasing around the same time.
The news has no impact on our estimates or our view on Remedy's stock. Our recent update after Q2 results can be found here.
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 Figures13.08.2023
2022 | 23e | 24e | |
---|---|---|---|
Omsætning | 43,6 | 36,2 | 60,1 |
vækst-% | -2,5 % | -16,9 % | 66,1 % |
EBIT (adj.) | -0,6 | -13,8 | 5,1 |
EBIT-% (adj.) | -1,3 % | -38,1 % | 8,5 % |
EPS (adj.) | -0,13 | -0,82 | 0,29 |
Udbytte | 0,10 | 0,10 | 0,10 |
Udbytte % | 0,5 % | 0,6 % | 0,6 % |
P/E (adj.) | neg. | neg. | 54,3 |
EV/EBITDA | 126,5 | neg. | 14,3 |