Paradox Interactive AB (publ)
OTC:PRXXF
Income Statement
Earnings Waterfall
Paradox Interactive AB (publ)
Revenue
|
2.6B
SEK
|
Cost of Revenue
|
-1.4B
SEK
|
Gross Profit
|
1.3B
SEK
|
Operating Expenses
|
-379.6m
SEK
|
Operating Income
|
880.6m
SEK
|
Other Expenses
|
-349.9m
SEK
|
Net Income
|
530.6m
SEK
|
Income Statement
Paradox Interactive AB (publ)
Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||
Revenue |
604
N/A
|
493
-18%
|
546
+11%
|
582
+7%
|
654
+12%
|
682
+4%
|
736
+8%
|
790
+7%
|
814
+3%
|
960
+18%
|
969
+1%
|
1 013
+5%
|
1 128
+11%
|
1 099
-3%
|
1 187
+8%
|
1 245
+5%
|
1 289
+4%
|
1 451
+13%
|
1 529
+5%
|
1 741
+14%
|
1 794
+3%
|
1 758
-2%
|
1 696
-4%
|
1 491
-12%
|
1 447
-3%
|
1 559
+8%
|
1 615
+4%
|
1 783
+10%
|
1 973
+11%
|
1 980
+0%
|
2 258
+14%
|
2 227
-1%
|
2 642
+19%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||
Cost of Revenue |
(263)
|
(218)
|
(204)
|
(211)
|
(225)
|
(230)
|
(233)
|
(259)
|
(263)
|
(289)
|
(340)
|
(357)
|
(372)
|
(398)
|
(415)
|
(439)
|
(469)
|
(527)
|
(559)
|
(635)
|
(749)
|
(750)
|
(784)
|
(737)
|
(645)
|
(725)
|
(726)
|
(780)
|
(863)
|
(901)
|
(1 042)
|
(1 099)
|
(1 382)
|
|
Gross Profit |
341
N/A
|
274
-20%
|
342
+25%
|
371
+9%
|
429
+16%
|
452
+5%
|
504
+12%
|
530
+5%
|
551
+4%
|
671
+22%
|
629
-6%
|
656
+4%
|
756
+15%
|
701
-7%
|
772
+10%
|
806
+4%
|
821
+2%
|
925
+13%
|
970
+5%
|
1 107
+14%
|
1 045
-6%
|
1 008
-4%
|
912
-9%
|
754
-17%
|
803
+6%
|
834
+4%
|
889
+7%
|
1 004
+13%
|
1 110
+11%
|
1 078
-3%
|
1 216
+13%
|
1 128
-7%
|
1 260
+12%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||
Operating Expenses |
(99)
|
(105)
|
(99)
|
(105)
|
(121)
|
(128)
|
(157)
|
(178)
|
(192)
|
(212)
|
(216)
|
(234)
|
(264)
|
(284)
|
(309)
|
(310)
|
(360)
|
(349)
|
(362)
|
(381)
|
(353)
|
(359)
|
(344)
|
(314)
|
(263)
|
(243)
|
(203)
|
(187)
|
(249)
|
(234)
|
(293)
|
(340)
|
(380)
|
|
Selling, General & Administrative |
(98)
|
(100)
|
(107)
|
(112)
|
(127)
|
(130)
|
(141)
|
(148)
|
(159)
|
(182)
|
(205)
|
(228)
|
(255)
|
(275)
|
(290)
|
(302)
|
(289)
|
(341)
|
(335)
|
(339)
|
(306)
|
(309)
|
(311)
|
(298)
|
(283)
|
(265)
|
(245)
|
(247)
|
(249)
|
(256)
|
(309)
|
(331)
|
(381)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
(3)
|
(5)
|
(9)
|
(12)
|
(13)
|
(14)
|
(18)
|
(25)
|
(26)
|
(28)
|
(26)
|
(79)
|
(32)
|
(35)
|
(37)
|
(27)
|
(22)
|
(18)
|
(13)
|
(13)
|
(12)
|
(12)
|
(12)
|
(13)
|
(13)
|
(13)
|
(12)
|
(10)
|
|
Other Operating Expenses |
(1)
|
(5)
|
8
|
7
|
6
|
5
|
(11)
|
(22)
|
(21)
|
(17)
|
3
|
11
|
16
|
17
|
8
|
18
|
8
|
24
|
8
|
(5)
|
(20)
|
(28)
|
(15)
|
(3)
|
32
|
35
|
54
|
73
|
13
|
35
|
29
|
4
|
11
|
|
Operating Income |
242
N/A
|
169
-30%
|
243
+44%
|
266
+9%
|
308
+16%
|
324
+5%
|
347
+7%
|
352
+2%
|
358
+2%
|
458
+28%
|
413
-10%
|
421
+2%
|
492
+17%
|
417
-15%
|
463
+11%
|
496
+7%
|
461
-7%
|
576
+25%
|
608
+6%
|
725
+19%
|
692
-5%
|
649
-6%
|
569
-12%
|
440
-23%
|
539
+23%
|
591
+10%
|
686
+16%
|
817
+19%
|
862
+5%
|
844
-2%
|
923
+9%
|
788
-15%
|
881
+12%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||
Interest Income Expense |
0
|
0
|
1
|
1
|
1
|
1
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
1
|
0
|
0
|
(7)
|
(8)
|
(9)
|
(10)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
23
|
(0)
|
18
|
22
|
(7)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
(3)
|
(6)
|
(13)
|
(19)
|
(16)
|
(33)
|
(26)
|
(37)
|
(40)
|
(31)
|
(39)
|
13
|
1
|
13
|
(9)
|
(60)
|
(90)
|
(98)
|
(201)
|
(232)
|
(168)
|
(160)
|
(26)
|
0
|
(10)
|
(10)
|
(10)
|
(185)
|
|
Total Other Income |
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
(1)
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
242
N/A
|
170
-30%
|
244
+44%
|
267
+9%
|
309
+16%
|
322
+4%
|
341
+6%
|
339
-1%
|
340
+0%
|
442
+30%
|
379
-14%
|
395
+4%
|
455
+15%
|
378
-17%
|
432
+14%
|
457
+6%
|
467
+2%
|
568
+22%
|
612
+8%
|
706
+15%
|
628
-11%
|
555
-12%
|
467
-16%
|
235
-50%
|
304
+29%
|
420
+38%
|
523
+24%
|
788
+51%
|
884
+12%
|
834
-6%
|
932
+12%
|
801
-14%
|
688
-14%
|
|
Net Income | ||||||||||||||||||||||||||||||||||
Tax Provision |
(53)
|
(37)
|
(55)
|
(60)
|
(68)
|
(71)
|
(75)
|
(75)
|
(75)
|
(98)
|
(83)
|
(87)
|
(101)
|
(83)
|
(95)
|
(99)
|
(93)
|
(116)
|
(125)
|
(145)
|
(137)
|
(116)
|
(94)
|
(44)
|
(56)
|
(80)
|
(101)
|
(157)
|
(176)
|
(170)
|
(199)
|
(174)
|
(157)
|
|
Income from Continuing Operations |
189
|
132
|
190
|
207
|
240
|
250
|
266
|
264
|
265
|
345
|
296
|
308
|
354
|
295
|
337
|
358
|
374
|
453
|
487
|
562
|
491
|
439
|
373
|
191
|
248
|
340
|
421
|
630
|
709
|
664
|
733
|
627
|
531
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
189
N/A
|
132
-30%
|
190
+43%
|
207
+9%
|
240
+16%
|
250
+4%
|
266
+6%
|
264
-1%
|
265
+0%
|
345
+30%
|
296
-14%
|
308
+4%
|
354
+15%
|
295
-17%
|
337
+14%
|
358
+6%
|
374
+5%
|
453
+21%
|
487
+8%
|
562
+15%
|
491
-13%
|
439
-10%
|
373
-15%
|
191
-49%
|
248
+29%
|
340
+37%
|
421
+24%
|
630
+50%
|
709
+12%
|
664
-6%
|
733
+10%
|
627
-15%
|
531
-15%
|
|
EPS (Diluted) |
1.79
N/A
|
1.25
-30%
|
1.8
+44%
|
1.96
+9%
|
2.28
+16%
|
2.38
+4%
|
2.53
+6%
|
2.51
-1%
|
2.51
N/A
|
3.26
+30%
|
2.8
-14%
|
2.92
+4%
|
3.35
+15%
|
2.79
-17%
|
3.19
+14%
|
3.39
+6%
|
3.54
+4%
|
4.29
+21%
|
4.61
+7%
|
5.31
+15%
|
4.64
-13%
|
4.15
-11%
|
3.52
-15%
|
1.81
-49%
|
2.34
+29%
|
3.21
+37%
|
3.98
+24%
|
5.96
+50%
|
6.7
+12%
|
6.28
-6%
|
6.88
+10%
|
5.91
-14%
|
5.02
-15%
|