
Embracer Group AB (publ) (EBCRY) Q3 2026 Earnings Call Transcript
Embracer Group AB (publ) (EBCRY) Q3 2026 Earnings Call Transcript
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Embracer Group AB (publ) (EBCRY) Q3 2026 Earnings Call Transcript

Shares of Embracer Group AB (publ) (OTCMKTS:THQQF - Get Free Report) fell 5.9% on Monday. The stock traded as low as $6.20 and last traded at $6.20. 8,117 shares changed hands during trading, an increase of 379% from the average session volume of 1,696 shares. The stock had previously closed at $6.59. Embracer Group

Embracer Group AB (publ) (OTCPK:EBCRY) Embracer Group AB (publ) - Analyst/Investor Day November 17, 2025 7:00 AM EST Company Participants Oscar Erixon - Head of Investor Relations Jacob Jonmyren Sebastian Eriksson Soren Lundgaard - Chief Executive Officer Erik Sunnerdahl Conference Call Participants Erik Larsson - SEB, Research Division Thomas Nilsson - Nordea Markets, Research Division Amar Galijasevic - DNB Carnegie, Research Division Rasmus Engberg - Kepler Cheuvreux, Research Division Jesper Stugemo - Handelsbanken Capital Markets AB, Research Division Jacob Edler - Danske Bank A/S, Research Division Vincent Edholm - Pareto Securities AS, Research Division Conversation Oscar Erixon Head of Investor Relations Hello and a very, very warm welcome to Coffee Stain Group's Capital Markets event, 2025. I'm Oscar Erixon, I'm the Head of Investor Relations at Embracer Group, and I will be your moderator today, taking you through some key insights from some key people at Coffee Stain Group.

Embracer Group AB (publ) (OTCPK:EBCRY) Q2 2026 Earnings Call November 13, 2025 3:00 AM EST Company Participants Philip Rogers - Chief Executive Officer Muge Bouillon - Group CFO Conference Call Participants Thomas Nilsson - Nordea Markets, Research Division Nicolas Langlet - BNP Paribas, Research Division Nick Dempsey - Barclays Bank PLC, Research Division Simon Jönsson - ABG Sundal Collier Holding ASA, Research Division Jesper Stugemo - Handelsbanken Capital Markets AB, Research Division Rasmus Engberg - Kepler Cheuvreux, Research Division Presentation Operator Welcome to Embracer Group Q2 Interim Report 2025/'26. [Operator Instructions] Now I'll hand the conference over to CEO, Phil Rogers and CFO, Muge Bouillon.

Embracer Group AB (publ) (OTCPK:EBCRY) Embracer Group AB (publ) - Shareholder/Analyst Call September 18, 2025 9:00 AM EDT Company Participants Kicki Wallje-Lund Ian Gulam - Chief of Staff, Legal & Governance Philip Rogers - Chief Executive Officer Muge Bouillon - Group CFO Lars Wingefors Per Fredriksson Conference Call Participants Erik Larsson - SEB, Research Division Magnus Svensson Henryson Presentation Erik Larsson SEB, Research Division Hello, and welcome to Embracer's Annual General Meeting 2025 here in Karlstad Värmland. My name is Erik Larsson.

Embracer's recent quarter was solid, driven by 'Kingdom Come: Deliverance II' and they have a pipeline still with several promising titles. The company is splitting into two: RemainCo (Fellowship Entertainment) with strong IPs like LotR, and NewCo (Coffee Stain) also taking with it some game properties. We believe that RemainCo will have a more solid proposition for equity investors than NewCo.

Kepler Cheuvreux upgraded Embracer to Buy from Hold with a price target of SEK 121, down from SEK 132. The firm sees a good entry point following the recent selloff.

Embracer has a bottoming out in performance in the Q3, especially after restructuring and defending profitability last calendar year. For the coming Q4, comps are easy due to a dismal Q3 Payday 3 release last year and weak launches in the last Q4. The latest "Kingdom Come" release is a blockbuster. Though we do note that Hyper Light Breaker, a really promising title, ended up not being great, met with "mixed" (bad) Steam reviews and seemingly limited commercial success.

Embracer Group AB (publ) (OTCPK:THQQF) Q3 2024/2025 Earnings Conference Call February 13, 2025 3:00 AM ET Company Participants Amar Galijasevic – Equity Analyst, Carnegie Investment Bank Lars Wingefors – Chief Executive Officer Müge Bouillon – Chief Financial Officer Martin Frývaldský – Chief Executive Officer-Warhorse Studios Conference Call Participants Martin Arnell – DNB Simon Jönsson – ABG Sundal Collier Amar Galijasevic So, good morning, everyone, and welcome to Embracer's Q3 2024/2025 Presentation. My name is Amar Galijasevic.

Embracer Group AB (OTCPK:THQQF) Q2 2025 Results Conference Call November 14, 2024 3:00 AM ET Company Participants Lars Wingefors - Chief Executive Officer Thomas Koegler - Chief Executive Officer, Asmodee Müge Bouillon - Group Chief Financial Officer Conference Call Participants Martin Arnell - DNB Markets Erik Larsson - SEB Simon Jönsson - ABG Sundal Collier Thomas Singlehurst - Citi Rasmus Engberg - Kepler Cheuvreux Nick Dempsey - Barclays Martin Arnell 2024-2025 presentation. My name is Martin Arnell, and I'm an equity analyst with DNB Markets in Stockholm.

Embracer Group AB (publ) (OTCPK:THQQF) Q1 2025 Earnings Conference Call August 15, 2024 3:00 AM ET Company Participants Lars Wingefors - CEO Johan Ekstrom - Group CFO Thomas Koegler - CEO, Asmodee Conference Call Participants Rasmus Engberg - Kepler Cheuvreux Simon Jonsson - ABG Sundal Collier Martin Arnell - DNB Markets Rasmus Engberg Good morning, everyone, and welcome to Embracer's Q1 2024-'25 Results Conference. My name is Rasmus Engberg, Gaming Analyst with Kepler Cheuvreux and I will be your host for today and lead the Q&A.

Embracer is exposed to iconic franchises, even owning Middle-Earth Enterprises. It has had access to the Star Wars IP in the past as well, through Dark Horse in comics, and also through games, with the KOTOR remake among announced titles. Tabletop games are looking to have a good Christmas season, and restructurings are coming in to help boost profits as we wait for next year's possible blockbusters.

Embracer Group AB (Publ) (OTCPK:THQQF) Q2 2024 Results Earnings Conference Call November 16, 2023 3:00 AM ET Company Participants Martin Arnell - DNB Markets Lars Wingefors - Co-founder and Chief Executive Officer Johan Ekström - Group Chief Financial Officer and Deputy Chief Executive Officer Müge Bouillon - Group Chief Financial Officer, Asmodee Group Phil Rogers - Chief Executive Officer, Crystal Dynamics–Eidos and Interim Chief Strategy Officer Conference Call Participants Rasmus Engberg - Handelsbanken Capital Markets Erik Larsson - SEB Simon Jönsson - ABG Sundal Collier Ali Naqvi - HSBC Martin Arnell Good morning, everyone. And welcome to Embracer's Q2 Results Presentation.

Embracer's share price significantly declined following a softening of demand and the collapse of a material several-year partnership. Following this, the business has begun a transformation exercise, seeking to achieve efficiency through operational improvement. We believe the scope for gains in margin is high. Embracer acquired the Lord of the Rings IP for an attractive price, with markets seemingly distracted by an overarching period of difficulty for the business.

Embracer Group AB (Publ) (OTCPK:THQQF) Q1 2024 Earnings Conference Call August 17, 2023 3:00 AM ET Company Participants Simon Jönsson - ABG Sundal Collier Lars Wingefors - Chief Executive Officer & Founder Johan Ekström - Group CFO & Deputy CEO Müge Bouillon - Group CFO, Asmodee Group Conference Call Participants Nick Dempsey - Barclays Ali Naqvi - HSBC Martin Arnell - DNB Markets Erik Larsson - SEB Rasmus Engberg - Handelsbanken Simon Jönsson Good morning, and welcome to Embracer Group Q1 presentation. My name is Simon Jönsson, an equity analyst with ABG Sundal Collier, and I will be the host today.

Embracer Group invested and spent massively on acquisition sprees with the ambition of establishing an effective ecosystem of gaming products. This ambition is costly and the company has accumulated a massive amount of debt in pursuit of such ambitions.

Embracer Group AB (publ) (OTC:THQQF) Q4 2023 Earnings Conference Call February 16, 2022 3:00 AM ET Company Participants Lars Wingefors - Chief Executive Officer & Founder Johan Ekstrom - Chief Financial Officer Stephane Carville - CEO, Asmodee Group Muge Bouillon - Chief Financial Officer, Asmodee Group Careen Yapp - Chief Strategic Partnerships Officer Soren Lundgaard - Co-Founder and CEO, Ghost Ship Games Conference Call Participants Simon Jonsson - ABG Sundal Collier Martin Arnell - DNB Markets Nick Dempsey - Barclays Rasmus Engberg - Handelsbanken Jacob Edler - Danske Bank Operator Welcome to the presentation of Embracer Group's Q3 report. My name is Simon Jonsson and I will be the moderator today.

This has been a bad year for investors, but these good companies are being overlooked.

Embracer Group AB (publ) (OTC:THQQF) Q2 2023 Earnings Conference Call November 17, 2022 3:00 AM ET Company Participants Lars Wingefors - Chief Executive Officer & Founder Johan Ekstrom - Chief Financial Officer Emma Ihre - Head, Sustainability Sébastien Caisse - Co-Studio Head, Gearbox Studio, Québec Müge Bouillon - Chief Financial Officer, Asmodee Group Phil Rogers - Chief Executive Officer, Crystal Dynamics & Eidos Conference Call Participants Martin Arnell - DNB Markets Rasmus Engberg - Handelsbanken Jacob Edler - Danske Bank Martin Arnell Okay. Welcome, everyone, to Embracer's Fiscal Q2.

The Swedish gaming company saw a large Canadian investor sell one-fifth of its shares.