Thunderful Group AB (OSTO:THUNDR) Q1 2025 Earnings Call Highlights: Stability Amidst ...

GuruFocus News

Fri, May 16, 2025, 12:01 PM 3 min read

Release Date: May 15, 2025

For the implicit transcript of the net call, delight notation to the afloat net telephone transcript.

• Thunderful Group AB (OSTO:THUNDR) reported a flimsy summation successful nett gross to 62 cardinal SEK, indicating stableness contempt not having large caller releases.

• The restructuring programs person led to important outgo reductions, peculiarly successful unit costs, which decreased by 27 cardinal SEK.

• The institution signed a caller publishing declaration with a talented developer, Plot Twist, indicating aboriginal maturation potential.

• The existing crippled catalog continues to execute well, providing a unchangeable gross backbone.

• The co-development and services conception saw an 11% growth, driven by task milestone deliveries and unchangeable costs.

• Cash travel from operations was antagonistic astatine minus 12 cardinal SEK, partially owed to restructuring costs.

• The liquidity presumption decreased importantly from 150 cardinal SEK to 83 cardinal SEK.

• The institution is inactive facing challenges successful achieving affirmative currency travel and semipermanent commercialized sustainability.

• There were delays successful immoderate co-development projects, affecting the mean billing complaint and revenue.

• The crippled 'Rainbreaker' had a muted income impact, aligning with constricted fiscal expectations.

• Warning! GuruFocus has detected 3 Warning Signs with OSTO:THUNDR.

Q: What are you astir satisfied with successful the publishing conception this quarter? A: Martin Wolfishsch, CEO: Despite not having immoderate large caller releases successful Q1, the stableness of our existing catalog was the champion performer. This stableness is important for our business, supported by the efforts of our income and selling teams.

Q: Did you behaviour immoderate circumstantial events successful the 4th that boosted transactional sales? A: Martin Wolfishsch, CEO: We didn't person immoderate circumstantial events this quarter, but we did assorted activities for games similar ASCA, which helped summation revenue.

Q: How did Rainbreaker execute successful presumption of sales, and was it successful enactment with expectations? A: Martin Wolfishsch, CEO: Rainbreaker received bully reviews but had a muted income impact, which was successful enactment with our constricted fiscal expectations for the game.

Q: Can you supply details astir the games pipeline, particularly regarding the caller declaration with Plot Twist? A: Martin Wolfishsch, CEO: We person an breathtaking pipeline for this twelvemonth and are signing caller titles for 2026 and beyond. The publishing declaration with Plot Twist is portion of this, and much details volition beryllium disposable successful the Q2 report.

Q: How has productivity improved since the organizational changes? A: Martin Wolfishsch, CEO: Productivity has improved, though it's hard to quantify. The absorption is connected operational excellence, and improvements are ongoing, which volition bespeak successful our commercialized performance.