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Embracer develops over 200 games.

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Embracer develops over 200 games.

In the financial report for the third quarter of the financial year 2022/23, the holding reported hug groupwhat it has in development 224 games. He is working on them. 11,152 developers in companies such as Transmission, THQ Nordic, Saber Interactive or still relatively new as well Crystal dynamics And Eidos-Montreal. Among dozens of teams, we can also find Czech studios. war horse And Ashbourne Games.

In the next fiscal year, starting in April 2023, Embracer will release 94 games, 58 of which have yet to be announced. Five of them must take place in the world of The Lord of the Rings. At the same time, Embracer acquired the rights to the brand only in August last year. The giant wants to release 31 AAA games by 2028, with 19 planned for 2026.

The company’s quarterly profit grew by 128% compared to last year. Embracer has earned more than 11.5 billion SEK, which is just over a billion dollars. PC and console games cost less than $350 million, while mobile games cost $150 million. The largest share of the profits belongs to the board games division, which has earned more than $390 million.

Source :Indian TV

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