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Paradox Interactive Year-end Report

Paradox Interactive's Year-end report 2018 is now online, showing what they are calling their "best year to date. Word is: "During the year, we released 16 expansions to existing games, of which six were released during the fourth quarter of 2018; Industries for Cities: Skylines, MegaCorp for Stellaris, Holy Fury for Crusader Kings II, Flashpoint for BATTLETECH, Space Race for Surviving Mars, and Golden Century for Europa Universalis IV. Many of our games continue to be popular many years after release: Europa Universalis IV and Crusader Kings II were released more than five and seven years ago, respectively, but continue to attract both new and existing players. For example, when we released Holy Fury the most recent expansion for Crusader Kings II in November 2018, it sold more during its first month than any previous expansion for the game in the same time." Here's their handy recap of all that went down:

Year-end report 2018

Fourth quarter 2018

  • Revenues amounted to SEK 336.9 (222.4) million, an increase by 51 % compared to the same period last year.
  • Operating profit amounted to SEK 146.8 (86.7) million, an increase by 69 %.
  • Profit before tax amounted to SEK 146.8 (86.7) million, and profit after tax amounted to SEK 114.3 (68.8) million.
  • Cash flow from operating activities amounted to SEK 151.3 (139.7) million, and cash flow from investing activities amounted to SEK -167.9 (-63.4) million.
  • By the end of the period cash and short-term placements amounted to SEK 327.0 (320.1) million.
  • Earnings per share amounted to SEK 1.08 (0.65) per share.
  • Revenues from the fourth quarter of 2018 are mainly attributable to Cities: Skylines, Stellaris, Crusader Kings II, Europa Universalis IV and Hearts of Iron IV.

Full year 2018

  • Revenues for the period amounted to SEK 1,127.7 (813.8) million, an increase by 39 % compared to the same period last year.
  • Operating profit amounted to SEK 455.1 (339.8) million, an increase by 34 %.
  • Profit before tax amounted to SEK 455.2 (339.6) million, and profit after tax amounted to SEK 353.9 (264.9) million.
  • Earnings per share amounted to SEK 3.35 (2.51).
  • The Board of Directors propose a dividend SEK of 1.00 (1.00) per share for the year 2018.

Important events in the fourth quarter 2018

  • Six new expansions were released during the period; Industries for Cities: Skylines, MegaCorp for Stellaris, Flashpoint for BATTLETECH, Space Race for Surviving Mars, Holy Fury for Crusader Kings II and Golden Century for Europa Universalis IV.
  • Rights and assets for the Prison Architect IP were purchased from Introversion Software Ltd.
  • Steam Winter Sale took place December 20 to January 3.

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