Middle-earth & Friends quarterly EBITDA 2024

In the fourth business quarter of 2023-24 (ending March 2024), Middle-earth & Friends generated about 900 million Swedish kronor in earnings before interest, taxes, depreciation, and amortization (EBITDA). Due to the restructuring of the gaming conglomerate The Embracer Group, Middle-earth, the AAA video gaming and comic book business segment, will be spun off into an independent company.

Quarterly EBITDA generated by Middle-earth & Friends from 1st fiscal quarter 2023-24 to 4th fiscal quarter 2023-23 (in billion Swedish kronor)

Characteristic	EBITDA in billion Swedish kronor
FY 2023-24 Q1	1.6
FY 2023-24 Q2	0.9
FY 2023-24 Q3	1.2
FY 2023-24 Q4	0.9

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Release date

May 2024

More information

Region

Worldwide

Survey time period

Q1 to Q1 FY23-24

Special properties

adjusted EBITDA

Supplementary notes

FY 2023/24 (April 2023 – March 2024)

Earnings Before Interest, Taxes, Depreciation, and Amortization

Middle-earth Enterprises & Friends is a placeholder name and the legal successor to Embracer Group. It will be used for triple-A game development and publishing for its major IP properties, and will include Crystal Dynamics, Dambuster, Eidos Montreal, Flying Wild Hog, Tripwire, Vertigo Games, Warhorse Studios, and 4A Games, as well as publishers Plaion, Dark Horse Comics, and Freemode.

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