Paradox Interactive Financials

An Year-end Report 2020 from Paradox Interactive has the latest financials from the publisher/developer. Word is: "2020 was the best year in Paradox’s history, with strong growth in revenue, profits and players. Our established brands continue to develop and grow with new players and new content, and the successful launch of Crusader Kings III in the third quarter gave us a further boost." Here are some numbers:
Fourth quarter 2020

  • Revenues amounted to MSEK 433.7 (MSEK 381.3), an increase by 14 % compared to the same period last year.
  • Operating profit amounted to MSEK 79.5 (MSEK 163.5), a decrease by 51 %.
  • Profit after financial items amounted to MSEK 78.6 (MSEK 156.7), and profit after tax amounted to MSEK 59.5 (MSEK 130.5).
  • Cash flow from operating activities amounted to MSEK 387.1 (MSEK 265.4), and cash flow from investing activities amounted to MSEK -207.3 (MSEK -135.4).
  • By the end of the period cash amounted to MSEK 767.6 (MSEK 554.2).
  • Earnings per share amounted to SEK 0.56 (1.24) after dilution.
  • Revenues in the quarter are mainly attributable to Cities: Skylines, Crusader Kings III, Europa Universalis IV, Hearts of Iron IV and Stellaris.

Full year 2020

  • Revenues amounted to MSEK 1,793.8 (MSEK 1,289.3), an increase by 39 % compared to the same period last year.
  • Operating profit amounted to MSEK 632.1 (MSEK 473.5), an increase by 33 %.
  • Profit after financial items amounted to MSEK 628.0 (MSEK 466.8), and profit after tax amounted to MSEK 490.6 (MSEK 374.1).
  • Earnings per share amounted to SEK 4.64 (3.54) after dilution.