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Remedy: Back in the game

REMEDYResearch13.02.2024, 09.07
Inderes
Discuss
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The investor sentiment around Remedy has recently soured, where we believe the key factors are the write-down of Vanguard’s development expenditure and the postponement of the financial statements based on publishing contract negotiations. In addition, uncertainty about Alan Wake 2’s commercial success causes uncertainty around the stock. We believe that the content of the publishing contract and the sales figures of AW2 will be clarified in connection with the financial statements (3/20) at the latest, and with the decreased valuation we feel Remedy's long-term potential looks interesting again.

Remedy Entertainment is a game developer. Its operations are primarily focused on the development of action games, with a particular focus on 3D technology. Examples of games that the company has developed include several different versions of Alan Wake, Max Payne, and Control. Remedy also develops its own game engine and tooling technology that powers many of its games. The company was founded in 1995 and is headquartered in Espoo, Finland.

Read more on company page

Key Estimate Figures12.02.2024

202223e24e
Revenue43.633.967.2
growth-%-2.5 %-22.2 %98.3 %
EBIT (adj.)-0.6-28.79.9
EBIT-% (adj.)-1.3 %-84.6 %14.8 %
EPS (adj.)-0.13-1.710.59
Dividend0.100.100.10
Dividend %0.5 %0.6 %0.6 %
P/E (adj.)neg.neg.29.3
EV/EBITDA126.5neg.13.6

Forum discussions

The shareholder list has been updated well in advance. While others have been selling with a “sell the news” tactic, Herlin / Mariatorp has ...
19 hours ago
24
Resonant has also been released on GOG. @gog.com on Bluesky
10/28/2026, 4:20 PM
by Spwni
10
Atte’s forecasts for the €48M Q3 revenue, picked from the preview: Own game sales €41.8M (~€41.2M Control Resonant + ~€0.6M Control Ultimate...
10/27/2026, 8:43 PM
36
Here is a preview company report from Atte, as Remedy will report its Q3 results next week on Tuesday. We will go through the results in a live...
10/27/2026, 6:31 AM
by Sijoittaja-alokas
21
Voting in our most-prestigious award, Ultimate Game of the Year, is LIVE - with voting closing at 23.59 GMT on Friday October 30. Go ahead and...
10/26/2026, 3:42 PM
29
There’s an article about Remedy on Kauppalehti’s website Talouselämä – 25 Oct 26 Remedyn uutuuspeli tekee kauppansa, ja sijoittajat kiittävä...
10/25/2026, 5:03 PM
by Nightshade
15
Strongly recommended viewing. An exceptionally good and concise 15-minute history of Remedy from a small YouTube channel. Remedy’s key games...
10/24/2026, 6:25 PM
46