Key points from the Embracer Group report: revenue fell by nearly a third, and Killing Floor 3 slightly underperformed expectations
The Swedish holding company Embracer Group, which will soon be rebranded as Fellowship Entertainment, has published its report for April-June 2025. Some key metrics came in lower than last year.
Killing Floor 3
- Embracer Group's quarterly revenue fell by 31%, totaling 3.35 billion Swedish kronor (351 million dollars).
- The revenue from mobile games decreased the most — by 63% to 520 million Swedish kronor (54.45 million dollars).
- Revenue from console and PC games fell by 38% to 1.64 billion Swedish kronor (171.8 million dollars). Specifically, revenue from new releases dropped by 43% to 83 million Swedish kronor (8.7 million dollars), while revenue from back-catalog games declined by 36% to 1.06 billion Swedish kronor (111.6 million dollars).
- Meanwhile, Embracer Group's revenue from non-gaming entertainment and services increased by 41%, reaching 1.19 billion Swedish kronor (124.9 million dollars).
- The holding reduced its net losses by 4.5 times, lowering them to 410 million Swedish kronor (42.9 million dollars).
- This quarter, Kingdom Come: Deliverance II was less effective at attracting new gamers due to the emergence of several competing games on the market. However, Embracer Group hopes to rectify the situation with the release of DLCs.
- Killing Floor 3, which was released after the quarter ended, started slightly below Embracer Group's expectations. Nevertheless, the holding described the game’s debut as "quite confident" and believes that the shooter will perform well in the long term.
- During the quarter, Embracer Group's mobile games garnered 152 million downloads, which is 78 million fewer compared to 2024. Their overall MAU and DAU were 123 million (-41%) and 11 million (-59%) people, respectively.