{"id":390,"date":"2023-05-24T13:08:16","date_gmt":"2023-05-24T12:08:16","guid":{"rendered":"https:\/\/boardgamewire.com\/?p=390"},"modified":"2023-06-20T12:08:51","modified_gmt":"2023-06-20T11:08:51","slug":"asmodees-first-full-year-results-since-e2-75bn-embracer-buyout-shows-board-games-sales-declined-in-hesitant-q4","status":"publish","type":"post","link":"https:\/\/boardgamewire.com\/index.php\/2023\/05\/24\/asmodees-first-full-year-results-since-e2-75bn-embracer-buyout-shows-board-games-sales-declined-in-hesitant-q4\/","title":{"rendered":"Asmodee’s first full-year results since \u20ac2.75bn Embracer buyout shows board games sales declined in ‘hesitant’ Q4"},"content":{"rendered":"\n

Tabletop gaming giant Asmodee saw its board game sales decline slightly in Q4 due to a “more hesitant market environment”, figures from the company’s first full-year results since its \u20ac2.75bn buyout by Embracer group show.<\/p>\n\n\n\n

Embracer’s full-year results for the 2022\/23 financial year show just how huge an acquisition Asmodee was for the business, which previously focused on video games and mobile games.<\/p>\n\n\n\n

Asmodee recorded about $1.22bn of sales in the last financial year – comparable to the $1.25bn for Embracer’s video games segment, which includes franchises such as Tomb Raider, Borderlands, Metro Exodus and Dead Island.<\/p>\n\n\n\n

Despite that, tabletop games barely got a mention in the comments from Embracer co-founder and CEO Lars Wingefors accompanying the report, which was largely devoted to video games.<\/p>\n\n\n\n

The report described Asmodee has having a “solid” Q4 in what it described as a “seasonally quiet quarter”, driven by a strong performance in the UK and Central Europe.<\/p>\n\n\n\n

Net sales for Asmodee’s tabletop games segment came in at just over $280m for the fourth quarter of 2022, a 6% increase thanks to strong performance from trading cards.<\/p>\n\n\n\n

Embarcer\u2019s PC and console games sales jumped 66% in Q4 to reach about $325m – just ahead of its tabletop gaming sales – while its mobile games division saw sales decline 25% to about $123m.<\/p>\n\n\n\n

Asmodee distributes trading card games such as Pokemon, Magic, Yu-Gi-Oh!, as well as publishing board games under 22 subsidiaries including Catan Studio, Days of Wonder, Fantasy Flight Games, Lookout Games and Z-Men Games.<\/p>\n\n\n\n

Its biggest IPs include Ticket to Ride, Catan, Splendor, 7 Wonders, Azul, Exploding Kittens, Dobble\/Spot It! and Star Wars: Legion.<\/p>\n\n\n\n

The firm’s stock price slumped in the wake of the report, which revealed a $2bn partnership deal with an unknown entity had fallen through.<\/p>\n\n\n\n

Wingefors said, “It has been a challenging year, adversely impacted by game delays, weaker consumer demand and lackluster reception for certain notable releases.”<\/p>\n\n\n\n

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Tabletop gaming giant Asmodee saw its board game sales decline slightly in Q4 due to a “more hesitant market environment”, figures from the company’s first full-year results since its \u20ac2.75bn buyout by Embracer group show.<\/p>\n","protected":false},"author":1,"featured_media":391,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[20,21,137,97,6,135,136,139,138],"class_list":["post-390","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-20","tag-21","tag-annual-results","tag-asmodee","tag-board-game","tag-board-games","tag-embracer-group","tag-q4","tag-quarter"],"blocksy_meta":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/boardgamewire.com\/index.php\/wp-json\/wp\/v2\/posts\/390","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/boardgamewire.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/boardgamewire.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/boardgamewire.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/boardgamewire.com\/index.php\/wp-json\/wp\/v2\/comments?post=390"}],"version-history":[{"count":4,"href":"https:\/\/boardgamewire.com\/index.php\/wp-json\/wp\/v2\/posts\/390\/revisions"}],"predecessor-version":[{"id":574,"href":"https:\/\/boardgamewire.com\/index.php\/wp-json\/wp\/v2\/posts\/390\/revisions\/574"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/boardgamewire.com\/index.php\/wp-json\/wp\/v2\/media\/391"}],"wp:attachment":[{"href":"https:\/\/boardgamewire.com\/index.php\/wp-json\/wp\/v2\/media?parent=390"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/boardgamewire.com\/index.php\/wp-json\/wp\/v2\/categories?post=390"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/boardgamewire.com\/index.php\/wp-json\/wp\/v2\/tags?post=390"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}