The DFC Dossier was launched in 2007 to provide analysis and insights into the video game industry. The goal was to highlight the nuances behind DFC Intelligence forecasts. Originally the Dossier was delivered as a PDF file with news, company and product profiles, interviews, and forecasts. The Dossier is now online with core articles available on the main Dossier page. DFC analysis of the latest news can be found on the news page. Detailed forecasts for individual companies and stocks can be found on the DFC Intelligence Video Game Stock Index which launched in 2023, as well as the Market Leaders section which has profiles and the latest stock quotes for companies in the video game space.
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Guide to DFC Analysis
News Analysis Articles
Square Enix CEO Steps Down
Square Enix (9684.T-JP: Tokyo) CEO and president Yosuke Matsuda is stepping down. He will be replaced by Takashi Kiryu, the former chief strategy officer. The change will be finalized at the Annual Shareholders’ Meeting in May.
Analysis
Matsuda had been a major proponent of NFT and blockchain games. After a rough 2022 for the category, Matsuda reemphasized the company focus on NFTs in a …..
Square Enix (9684.T-JP: Tokyo) CEO and president Yosuke Matsuda is stepping down. He will be replaced by Takashi Kiryu, the former chief strategy officer. The change will be finalized at the Annual Shareholders’ Meeting in May. Analysis Matsuda had been a major proponent of NFT and blockchain games. After a rough 2022 for the category, Matsuda reemphasized the company focus on NFTs in a …..
Square Enix (9684.T-JP: Tokyo) CEO and president Yosuke Matsuda is stepping down. He will be replaced by Takashi Kiryu, the former chief strategy officer. The change will be finalized at the Annual Shareholders’ Meeting in May. Analysis Matsuda had been a major proponent of NFT and blockchain games. After a rough 2022 for the category, Matsuda reemphasized the company focus on NFTs in a …..
Hogwarts Legacy Game Has Blockbuster Success
Warner Bros. Games announced that the new Hogwarts Legacy game sold more than 12 million units and had $850 million in sales in its first two weeks. On the same day, Warner Bros Discovery (NASDAQ: WBD) reported a fourth-quarter revenue and earnings miss.
Analysis
Hogwarts Legacy launched on February 10, 2023, and…..
Warner Bros. Games announced that the new Hogwarts Legacy game sold more than 12 million units and had $850 million in sales in its first two weeks. On the same day, Warner Bros Discovery (NASDAQ: WBD) reported a fourth-quarter revenue and earnings miss. Analysis Hogwarts Legacy launched on February 10, 2023, and…..
Warner Bros. Games announced that the new Hogwarts Legacy game sold more than 12 million units and had $850 million in sales in its first two weeks. On the same day, Warner Bros Discovery (NASDAQ: WBD) reported a fourth-quarter revenue and earnings miss. Analysis Hogwarts Legacy launched on February 10, 2023, and…..
Wizards of the Coast and Digital Gaming Segment Revenue Reaches $1.3 Billion
Hasbro’s Wizards of the Coast & Digital Gaming Segment saw revenue increase 22% YOY in Q4 to $339 million. For the full year, revenue in the segment was up 3% to $1.33 billion. Operating profit for the segment was $538 million. For 2022, Hasbro saw overall revenue decline 9% to $5.86 billion.
Analysis
For years there have been attempts by toy companies to find synergy with the video game business. This includes not only Hasbro but Mat…..
Hasbro’s Wizards of the Coast & Digital Gaming Segment saw revenue increase 22% YOY in Q4 to $339 million. For the full year, revenue in the segment was up 3% to $1.33 billion. Operating profit for the segment was $538 million. For 2022, Hasbro saw overall revenue decline 9% to $5.86 billion. Analysis For years there have been attempts by toy companies to find synergy with the video game business. This includes not only Hasbro but Mat…..
Hasbro’s Wizards of the Coast & Digital Gaming Segment saw revenue increase 22% YOY in Q4 to $339 million. For the full year, revenue in the segment was up 3% to $1.33 billion. Operating profit for the segment was $538 million. For 2022, Hasbro saw overall revenue decline 9% to $5.86 billion. Analysis For years there have been attempts by toy companies to find synergy with the video game business. This includes not only Hasbro but Mat…..
Microsoft Signs Game Deals with Nvidia and Nintendo
Microsoft announced two separate deals to bring Xbox games to other platforms. Nvidia and Microsoft signed a 10-year partnership to bring Xbox PC games to the Nvidia GeForce Now cloud streaming service.
In a tweet from Microsoft President Brad Smith, it was announced that Microsoft and Nintendo have signed a binding 10-year agreement to bring Call of Duty games to Nintendo players on the same day as Xbox.
Analysis
The announcements are cle…..
Microsoft announced two separate deals to bring Xbox games to other platforms. Nvidia and Microsoft signed a 10-year partnership to bring Xbox PC games to the Nvidia GeForce Now cloud streaming service. In a tweet from Microsoft President Brad Smith, it was announced that Microsoft and Nintendo have signed a binding 10-year agreement to bring Call of Duty games to Nintendo players on the same day as Xbox. Analysis The announcements are cle…..
Microsoft announced two separate deals to bring Xbox games to other platforms. Nvidia and Microsoft signed a 10-year partnership to bring Xbox PC games to the Nvidia GeForce Now cloud streaming service. In a tweet from Microsoft President Brad Smith, it was announced that Microsoft and Nintendo have signed a binding 10-year agreement to bring Call of Duty games to Nintendo players on the same day as Xbox. Analysis The announcements are cle…..
Paradox Interactive Shows Strong Growth
For the 4th quarter ending 12/31/22, Paradox Interactive (PDX.ST) reported year-over-year revenue growth of 49% to MSEK 580 million (about $50 million USD). For the full year 2022 revenue was up 36% to MSEK 1973 (about $180 million). Operating profit for the year increased 189% to MSEK 887.
Analysis
Swedish-based Paradox Interactive is a small publisher that specializes in complex games, primarily for PC. Popular games like Cities: Sky…..
For the 4th quarter ending 12/31/22, Paradox Interactive (PDX.ST) reported year-over-year revenue growth of 49% to MSEK 580 million (about $50 million USD). For the full year 2022 revenue was up 36% to MSEK 1973 (about $180 million). Operating profit for the year increased 189% to MSEK 887. Analysis Swedish-based Paradox Interactive is a small publisher that specializes in complex games, primarily for PC. Popular games like Cities: Sky…..
For the 4th quarter ending 12/31/22, Paradox Interactive (PDX.ST) reported year-over-year revenue growth of 49% to MSEK 580 million (about $50 million USD). For the full year 2022 revenue was up 36% to MSEK 1973 (about $180 million). Operating profit for the year increased 189% to MSEK 887. Analysis Swedish-based Paradox Interactive is a small publisher that specializes in complex games, primarily for PC. Popular games like Cities: Sky…..
Ubisoft Reports Disappointing Third Quarter
For the third fiscal quarter ending 12/31/22 Ubisoft (UBI.PA) reported revenue of €773 million on bookings of €727 million. Bookings were down 2.6% over the previous year. For the full year fiscal 2023 ending 3/31/23, Ubisoft expects bookings to be down more than 10% with operating income (loss) of -€500 million.
Analysis
Last month Ubisoft had prepared investors that results were going …..
For the third fiscal quarter ending 12/31/22 Ubisoft (UBI.PA) reported revenue of €773 million on bookings of €727 million. Bookings were down 2.6% over the previous year. For the full year fiscal 2023 ending 3/31/23, Ubisoft expects bookings to be down more than 10% with operating income (loss) of -€500 million. Analysis Last month Ubisoft had prepared investors that results were going …..
For the third fiscal quarter ending 12/31/22 Ubisoft (UBI.PA) reported revenue of €773 million on bookings of €727 million. Bookings were down 2.6% over the previous year. For the full year fiscal 2023 ending 3/31/23, Ubisoft expects bookings to be down more than 10% with operating income (loss) of -€500 million. Analysis Last month Ubisoft had prepared investors that results were going …..
Konami Reports Flat Revenue for Third Quarter
For its third fiscal quarter ending 12/31/22, Konami Group (9766.T-JP: Tokyo) (KONMY: OTC) reported a year-to-year revenue increase of 4% to ¥78,519 million. The digital entertainment division responsible for video games reported a 3% decline in revenue to ¥53,721 million (68% of total revenue).
For the nine months ended 12/31/22, overall revenue was up 5.5% over the previous year and digital entertainment revenue was up 1.6% to ¥153,959 million. Profit for the nine-mont…..
For its third fiscal quarter ending 12/31/22, Konami Group (9766.T-JP: Tokyo) (KONMY: OTC) reported a year-to-year revenue increase of 4% to ¥78,519 million. The digital entertainment division responsible for video games reported a 3% decline in revenue to ¥53,721 million (68% of total revenue). For the nine months ended 12/31/22, overall revenue was up 5.5% over the previous year and digital entertainment revenue was up 1.6% to ¥153,959 million. Profit for the nine-mont…..
For its third fiscal quarter ending 12/31/22, Konami Group (9766.T-JP: Tokyo) (KONMY: OTC) reported a year-to-year revenue increase of 4% to ¥78,519 million. The digital entertainment division responsible for video games reported a 3% decline in revenue to ¥53,721 million (68% of total revenue). For the nine months ended 12/31/22, overall revenue was up 5.5% over the previous year and digital entertainment revenue was up 1.6% to ¥153,959 million. Profit for the nine-mont…..
Roblox Q4 Beats Expectations
For the fourth quarter ending 12/31/22, Roblox Corporation (NYSE: RBLX) reported revenue of $579 million, up 2% over the previous year’s quarter. For the full fiscal year, revenue in 2022 was $2.2 billion, up 16% over 2021. Roblox reported a loss of $924 million for the year.
Bookings for the fourth quarter were $899 million, up 17% over the previous year. For the full year, bookings were up 5% at $2.9 billion.
Analysis
Roblox beat…..
For the fourth quarter ending 12/31/22, Roblox Corporation (NYSE: RBLX) reported revenue of $579 million, up 2% over the previous year’s quarter. For the full fiscal year, revenue in 2022 was $2.2 billion, up 16% over 2021. Roblox reported a loss of $924 million for the year. Bookings for the fourth quarter were $899 million, up 17% over the previous year. For the full year, bookings were up 5% at $2.9 billion. Analysis Roblox beat…..
For the fourth quarter ending 12/31/22, Roblox Corporation (NYSE: RBLX) reported revenue of $579 million, up 2% over the previous year’s quarter. For the full fiscal year, revenue in 2022 was $2.2 billion, up 16% over 2021. Roblox reported a loss of $924 million for the year. Bookings for the fourth quarter were $899 million, up 17% over the previous year. For the full year, bookings were up 5% at $2.9 billion. Analysis Roblox beat…..
Articles of Interest
In addition to DFC’s own opinion, we suggest recent third-party articles of interest that include brief comments on why we recommend these articles as subject for future research.
