Wed. Dec 8th, 2021

Swedish video games outfit Embracer Group has launched its monetary report for the quarter ending September thirtieth, 2021.

The agency reported its video games operations generated $315 million, a rise of 89 per cent year-over-year.

The most important contributor to its video games income was cell video games developer Easybrain, reporting an “all-time excessive” quarterly income of $68 million.

Embracer reported that its cell sport operations had grown by 26 per cent and noticed a mean of 271 million MAUs and 350 million downloads throughout its cell portfolio.

Moreover, along with report excessive quarterly revenues, Easybrain revealed that through the quarter it surpassed one billion downloads throughout the App Retailer and Google Play.

Extra acquisitions to return

Throughout the previous 12 months, Embracer has made 37 acquisitions, together with Easybrain, CrazyLabs, and Demiurge Studios, with CEO Lars Wingefors stating that it has been a “strategic pillar” for the group.

Throughout the subsequent 12 months, Embracer has said that it’s seeking to make a “related quantity” of acquisitions, persevering with its aggressive M&A method.

“We see growing advantages from including new studios to our rising ecosystem,” mentioned Wingefors.

“We are able to create extra content material with a better high quality in a shorter time-frame by cooperating throughout the Embracer community of studios and between working teams.

At the moment, Embracer Group consists of 17 publishers and 82 studios, with its headcount rising 104 per cent to now make use of over 9,000 workers.

Wingefors added: “We are going to by no means drive a deal for the sake of creating a deal, however fairly let it take ample time. It’s no totally different from the standard comes first method in making video games.”

“We at the moment have a wide range of lively processes and dialogues, together with an excellent variety of signed unique time period sheets.”

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