{"id":229301,"date":"2023-02-21T09:22:35","date_gmt":"2023-02-21T09:22:35","guid":{"rendered":"https:\/\/toyworldmag.co.uk\/?p=229301"},"modified":"2023-02-21T09:22:35","modified_gmt":"2023-02-21T09:22:35","slug":"embracer-group-reports-asmodee-sales-drop","status":"publish","type":"post","link":"https:\/\/toyworldmag.co.uk\/embracer-group-reports-asmodee-sales-drop\/","title":{"rendered":"Embracer Group reports Asmodee sales drop"},"content":{"rendered":"

The Group reported that sales in its subsidiary Asmodee were down 5% in its financial Q3 which covers October to December 2023.<\/strong><\/p>\n

\"\"Video game company Embracer acquired Asmodee<\/a> (along with Dark Horse Comics) in January last year. The move made Asmodee the ninth operative group of Embracer, moving Embracer towards becoming a leading independent global gaming entity. It was reported at the time that Asmodee would continue to operate as before the transaction and no reorganisation was expected.<\/p>\n

Embracer Group has reported that sales of $398m in its fiscal Q3 (October to December 2022) by the tabletop game distribution and publishing subsidiary Asmodee were down 5% against the same quarter in 2021, following key Asmodee releases in the quarter which included Star Wars Clone Wars, Splendor Duel, Challengers, Twilight Inscription, 3000 Scoundrels and Heat: Pedal to the Metal.<\/p>\n

Embracer stated in the quarterly report that the drop in Asmodee sales was at a time of board game market contraction in the US, estimating that the market in the territory was down -7% for the nine-month period April to December 2022. However, the overall tabletop games market was said to be up +1% for the nine-month period, a rise credited to an estimated 21% increase in strategic trading card games<\/p>\n

Asmodee and its parent company Embracer were profitable in both the October-December quarter, and in the wider nine-month April-December period. The report states Asmodee had operating income of $59m on its $398m in sales in the October-December quarter, and $83.6m in operating income on $965.6m of sales in the nine-month April-December period.<\/p>\n

Embracer earned $143m on sales of $1.11b in the quarter, and $354m on sales of $2.72b in the nine-month April-December period.<\/p>\n

Looking ahead, Embracer said it has identified 25 video game projects based on Asmodee tabletop titles, which are in various stages of development.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Group reported that sales in its subsidiary Asmodee were down 5% in its financial Q3 which covers October to December 2023. Video game company Embracer acquired Asmodee (along with Dark Horse Comics) in January last year. The move made … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":4,"featured_media":199943,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[12],"tags":[],"acf":[],"yoast_head":"\nEmbracer Group reports Asmodee sales drop -<\/title>\n<meta name=\"description\" content=\"The Group reported that sales in its subsidiary Asmodee were down 5% in its financial Q3 which covers October to December 2023.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/toyworldmag.co.uk\/embracer-group-reports-asmodee-sales-drop\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Embracer Group reports Asmodee sales drop\" \/>\n<meta property=\"og:description\" content=\"The Group reported that sales in its 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