Starbreeze posts a 2024 operating loss of SEK 319.71 million as revenue falls 70.7%

Written by Claude Sonnet 5.5, an AI model, from public records. Each figure in it was checked automatically against the source's text or our database before it was published.

Starbreeze, the games developer, reported an operating loss of SEK 319.71 million for the year from Jan 1, 2024 to Dec 31, 2024, against operating income of SEK 190.3 million the year before. Revenue fell 70.7% to SEK 185.85 million from SEK 633.51 million. The figures come from the company's ESEF annual report, the machine-readable format that European listed companies use for their yearly accounts, which was added to the ESEF registry on May 8, 2025.1^,2^,3^,4^,5^,6^,7^,8

The net loss was SEK 317.85 million, against net income of SEK 207.63 million a year earlier, and the same SEK 317.85 million is the loss attributable to the owners of the parent company. Loss per share was SEK 0.22 on a diluted basis, against earnings of SEK 0.19 a share a year earlier. Revenue was SEK 118.01 million for 2020, SEK 125.69 million for 2021, SEK 127.6 million for 2022 and SEK 633.51 million for 2023.9^,10^,11^,12^,13^,14^,15^,16^,17

The report's own text, in Swedish, names PAYDAY 3 in its account of the write-downs. It says amortisation and write-downs of intangible assets came to SEK 396.6 million in the period, against SEK 233.6 million, and relates the increase to PAYDAY 3. Starbreeze says the year's write-downs of intangible assets totalled SEK 127.1 million, against SEK 6.7 million a year earlier, and were made on projects it decided not to pursue further or in connection with revaluing them. Of that total, the report says, SEK 118.6 million was a write-down of capitalised development costs for PAYDAY 3: a non-cash accounting adjustment made in view of how those assets were valued relative to PAYDAY 3's sales during 2024.18^,19^,20^,21^,22

Our records hold the figures that the report's tagged statements give, and the passages of its text that state EBITDA, an impairment, net bookings or an adjusted operating result; we do not hold the report's pictures or its tables laid out as the company printed them. Our records hold three earlier ESEF reports of Starbreeze, and against the earliest that gave the year, this report gives the same year-earlier figures.18^,23