THQ Nordic

Develops and publishes games.

Launch date

Jun 2011

Employees

Market cap

Enterprise valuation

€4.2b (Public information from Sep 2024)

Company register number FN 366280 y

Vienna Austria (HQ)

http://www.thqnordic.com/

https://twitter.com/thqnordic https://www.facebook.com/thqnordic https://www.linkedin.com/company/thqn/https://apps.apple.com/app/id873157897

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Revenues, earnings & profits over time

SEK	2018	2019	2020	2021	2022	2023	2024
Revenues	4.0b	5.2b	5.2b	9.0b	17.0b	37.7b	42.2b
% growth	694 %	30 %	-	72 %	89 %	121 %	12 %
EBITDA	988m	1.4b	1.9b	4.3b	6.5b	12.8b	8.5b
% EBITDA margin	24 %	27 %	36 %	47 %	38 %	34 %	20 %
Profit	314m	440m	285m	287m	(4.3b)	4.5b	(18.2b)
% profit margin	8 %	8 %	5 %	3 %	(25 %)	12 %	(43 %)

Source: Dealroom estimates

Date	Investors	Amount	Round
-	Rolf Lundström	N/A	-
Nov 2016	N/A	€15.0m Valuation: €190m 38.0x EV/LTM Revenues	Growth Equity VC
Nov 2016	N/A	€40.0m Valuation: €190m 38.0x EV/LTM Revenues	IPO
Sep 2017*	N/A	SEK598m	Post IPO Equity
Jun 2018	N/A	$168m Valuation: $1.7b 28.0x EV/LTM Revenues 52.2x EV/LTM EBITDA	Post IPO Equity
Feb 2019*	N/A	SEK2.1b	Post IPO Equity
Total Funding		€15.0m

Tech stackLearn more about the technologies and tools that this company uses.

By Country

Germany 5 Sweden 4 United Kingdom 1 Finland 1 United States 1 Australia 1 Austria 1 Belgium 1 Czech Republic 1

By Industry

Gaming 12 Media 1

By Round

ACQUISITION 14 EARLY VC 1

ACQUISITION by THQ Nordic Dec 2018

Bugbear Entertainment

ACQUISITION by THQ Nordic Nov 2018

Coffee Stain Studios

ACQUISITION by Embracer Nov 2020

Pieces Interactive

ACQUISITION by THQ Nordic Aug 2017

ACQUISITION by THQ Nordic Jul 2018

Black Forest Games

ACQUISITION by THQ Nordic Aug 2017

ACQUISITION by THQ Nordic Nov 2017

ACQUISITION by THQ Nordic Feb 2018

ACQUISITION by Bublar Group May 2020

ACQUISITION by THQ Nordic Aug 2019