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Paradox Interactive Financials

There's a report on Paradox Interactive's Q1 2019 financials on noting that both revenue and profits are down year-on-year amid what the publisher calls "record high" investments at as they "focus on long-term growth and expansion in several of our core areas." Here are the specifics: "According to the company's Q1 2019 financial report, revenue for the period was down 11% year-on-year to SEK 238.3 million ($24.7 million), from SEK 267 million ($27.7 million). Meanwhile, operating profit for the period was down 55% year-on-year to SEK 62.7 million ($6.5 million) from SEK 140.5 million ($14.6 million)." They offer the following rundown on the company's game releases during the quarter:

While Q1 2019 saw fewer major game releases, it's slate of expansions for existing titles performed above expectations. Man the Guns expansion for Hearts of Iron IV sold more than any of the game's previous expansions during the same time period, a trend repeated with expansions for games such as Europa Universalis IV, Crusader Kings II and Cities: Skylines.

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