Company financials, explained simply

Star Vault AB

The Swedish game studio behind the online role-playing game Mortal Online 2. Every number here comes from the company's own published reports (2014 to today).

Key takeaways

The numbers that matter

How much the company sells

Sales are the money players pay for subscriptions and in-game purchases. The bars show each period; the line smooths out the ups and downs by adding up the past 12 months.

Did the company make money?

Green bars are periods with a profit, red bars are periods with a loss (the company spent more than it earned). Like most game studios, Star Vault spends heavily on making its game, so losses are common between big releases.

Where the money goes, year by year

Each year's sales compared with what it cost to run the company. Game development is the cost of building and improving the game; administration is office, management and other running costs.

Yearly summary

All amounts in millions of Swedish kronor (SEK). For scale, 10 SEK is very roughly 1 US dollar (exchange rates vary).

Star Vault yearly sales, costs and profit

Words used on this page

SEK
Swedish kronor, the currency of Sweden, where Star Vault is based.
Quarter
A three-month period. Q1 is January–March, Q2 April–June, Q3 July–September, Q4 October–December.
Last 12 months
The four most recent quarters added together, a fair way to compare with a year earlier.
Profit or loss
What is left after all costs, including interest (the company's "result after financial items"). Below zero is a loss.
Equity ratio
The share of everything the company owns that is paid for with its own money rather than owed to others. Above 50% is usually considered healthy.
Game development (R&D)
Spending on building and improving the company's games.

About this data

Collected from every financial report Star Vault published through the news service Cision, then checked so that the four quarters of each year add up exactly to the yearly totals the company reported. Where the company later corrected a figure, or a report contained a typing error, the corrected number is used. Older reports were scanned documents and were read with text recognition, then double-checked against the company's own totals.

Not investment advice. Figures are as reported by the company and may be revised.

Download the data: quarterly (CSV) · yearly income statements (CSV) · list of source reports (CSV)

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