Beyond Frames Q1 2024: Net profit turns positive
Research Note
2024-05-23
12:49
Beyond Frames reported sales that were twice as high as our expectations for the quarter. EBIT was SEK5m higher than our estimate. We believe that direct game sales, driven by the publishing title "Ghost of Tabor," came in higher than expected, combined with revenues linked to their received development fees, which were also higher than expected.
Tomas Otterbeck
John Westborg
Disclosures and disclaimers