In six years, Embracer has gone from a market capitalization of around SEK 1 billion to close to SEK 90 billion.
Thus, they are Europe's most valued computer game companies, despite a sharp decline in the stock market in the past year.
(French Ubisoft has more employees than Embracer and is the second largest in market capitalization, the company is valued at around SEK 60 billion.)
An important reason for the Värmland gaming group's growth is the acquisition of other companies, most recently the French company Asmodee, which focuses on board games, for around SEK 28 billion.
And the size brings benefits.
- The business risk if you have one game is enormous, but if you have 200 games that we have, the average business risk will be much lower.
No game we make accounts for more than five percent of our revenue, says Lars Wingefors, CEO of Embracer to SVT News.
Wants to move to the stock exchange's main list
In connection with today's interim report, Embracer also announced that it plans to move to the Stockholm Stock Exchange's main list before the end of the year.
The company also reported a sharp increase in sales today.
Sales rose from SEK 2.1 billion in the third quarter of 2020 to SEK 5.1 billion in the third quarter of 2021.
Hear an interview with Embracer's CEO Lars Wingefors about the future of the company in the video player above.