Remedy Entertainment PLC (STU:8P8)
€ 14.26 0.56 (4.09%) Market Cap: 198.73 Mil Enterprise Value: 179.70 Mil PE Ratio: 0 PB Ratio: 3.03 GF Score: 58/100
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Q3 2024 Remedy Entertainment Oyj Earnings Call Transcript

Nov 01, 2024 / 12:00PM GMT
Release Date Price: €14.96 (-3.61%)
Liisa Eloranta
Remedy Entertainment Oyj - Senior Investor Relations Specialist

Hello, everyone, and thank you for joining this Remedy Entertainment webcast. My name is Liisa Eloranta, and I run the Investor Relations at Remedy. Today, we will go through Remedy's business review for July-September 2024. With me here are Tero Virtala, Remedy's CEO; and Santtu Kallionpaa, Remedy's CFO. We will have a Q&A session after the presentation. Tero, the floor is yours.

Tero Virtala
Remedy Entertainment Oyj - Chief Executive Officer

Welcome, everyone. All right. So, let's have a look at the third quarter highlights. In the third quarter, our revenue was EUR17.9 million, which is over two times more than last year in the comparison period. Our operating profit was EUR2.4 million. Last year, in the third quarter, it was minus EUR4.2 million.

It's good to highlight that the big contributor to our third quarter numbers was a onetime payment that from our new partner, Annapurna, came in. So this onetime payment from them will not repeat in the same amount in the

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