Jannah Theme License is not validated, Go to the theme options page to validate the license, You need a single license for each domain name.

Nasdaq Celebrates Innovative Gaming Company Embracer in Biggest Shift from Nasdaq’s First Northern Growth Market to Nasdaq Stockholm

T.Today the Nasdaq celebrates one of its greatest successes NASDAQ First North Growth Market. embracer groupWith a market capitalization of €5.5 billion, our largest switch, joins 120 companies now using Nasdaq First North to access capital markets and realize their growth potential. Embracer is now available for purchase on major markets after its stock price rose 1,373% on his.

Embracer Group is a global group of entrepreneurial businesses in the gaming and entertainment industry. The Embracer Group is headquartered in Karlstad, Sweden, where he employs over 15,731 people in over 40 countries.

Backed by First North Growth Market, the company has completed over 90 acquisitions using some of the capital raised through equity sales. In addition to these acquisitions, the company has used the market to strengthen its brand and profile among gaming industry investors and peers. The results show increased value and wealth for all stakeholders of Embracer Group.

  • Net sales increased by almost 9000% (from approximately SEK 302 million to SEK 27,016 million).
  • Adjusted EBIT increased by more than 5,000% (from approximately SEK 108 million to SEK 5,642 million).
  • The stock price rose from SEK 3.33 to SEK 49.1, a return of 1,373%.

“It feels great to close out a year of listing with the largest ever transfer from First North to Main Market. It shows that it is one of the most attractive marketplaces in

Embracer Main Market_2

Part of Embracer Group’s success is due to its decentralized model, bringing together diverse teams and entrepreneurs to create synergies through knowledge sharing and collaboration.

These teams act as ecosystems led by the most creative and dedicated entrepreneurs in their respective fields, co-owning nearly half of the group. These teams are actively creating one of the industry’s deepest portfolios of IP and game development projects.

Now listed on major markets, the Group intends to continue its long-term mindset of building a sustainable, innovative and profitable business in gaming towards 2023. With 12 steering groups and a portfolio of over 850 IPs, we believe Embracer Group is well positioned. It’s about leveraging the strong underlying long-term market trends and the significant collective value we’ve built over the years.

“Together, the Embracer family is embarking on the next step in this exciting journey as we move from NASDAQ First North Growth Market to NASDAQ Stockholm,” said Lars Wynn, Founder and CEO of Embracer Group. Geforth says:

Embracer tower shot

https://www.nasdaq.com/articles/nasdaq-celebrates-innovative-gaming-company-embracer-the-largest-switch-from-nasdaqs-first Nasdaq Celebrates Innovative Gaming Company Embracer in Biggest Shift from Nasdaq’s First Northern Growth Market to Nasdaq Stockholm

Back to top button