Published: 2/22/2024 11:07:29 AM

Beyond Frames Q4 2023: Sales exceeded expectations - Redeye

Sales exceeded expectations at SEK40.4m, compared to our estimate of SEK35m. EBITDA of SEK3.9m was also higher than our forecast of SEK0.8m. With D&A in line with our estimate, EBIT stood at SEK-1.3m, versus our projected SEK-3.7m. Therefore, the outcome surpassed expectations across all metrics. The primary contributor was once again the popular game "Ghost of Tabor", published by Beyond Frames. The game demonstrated financial stability throughout the quarter and remained one of the top sellers on the Meta Quest Store in the first half of Q1.

Link to the analysis

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