Paradox Interactive has today decided to make a non-cash write-down of MSEK 355 of capitalised development costs for the game Vampire: The Masquerade - Bloodlines 2 in the fourth quarter. The write-down is made in addition to the quarter's scheduled degressive amortisation of MSEK 346. At the end of the year, MSEK 40 of the capitalised development costs will remain on the balance sheet. The write-down is based on an updated sales forecast made 30 days after the game's release.
Vampire: The Masquerade - Bloodlines 2 is a strong vampire fantasy and we are pleased with the developers' work on the game. We've had high expectations for a long time, since we saw that it was a good game with a strong IP in a genre with a broad appeal. A month after release we can sadly see that sales do not match our projections, which necessitates the write-down. The responsibility lies fully with us as the publisher. The game is outside of our core areas, in hindsight it is clear that this has made it difficult for us to gauge sales. Going forward, we focus our capital to our core segments and, at the same time, we'll evaluate how we best develop World of Darkness' strong brand catalogue in the future, said Fredrik Wester, CEO of Paradox Interactive.
Vampire: The Masquerade - Bloodlines 2 was released on 21 October 2025 and has two expansions planned as part of the game's Premium Edition.
Our post-release plan remains firm; we will deliver updates and the promised expansions to the game in the coming year, Fredrik Wester continues.
This disclosure contains information that Paradox Interactive AB is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 26-11-2025 20:35 CET.
For additional information, please contact:
Fredrik Wester, CEO Paradox Interactive
Alexander Bricca, CFO Paradox Interactive
Email: ir@paradoxinteractive.com
Phone: +4670-355 54 18
About Paradox Interactive
Paradox Interactive is one of the premier developers and publishers of strategy and management games for PC and consoles. The players are located all over the world but some of the biggest markets are North America, Western Europe and Asia. The game portfolio consists of popular franchises such as Stellaris, Europa Universalis, Hearts of Iron, Crusader Kings, Cities: Skylines, Prison Architect, the Surviving games, Age of Wonders and Victoria. Paradox Interactive also owns the World of Darkness brand catalog. In total, Paradox games have six million players each month.
Paradox Interactive AB (publ)'s shares are listed on Nasdaq Stockholm First North Premier under ticker PDX. Certified Advisor: FNCA Sweden AB. For more information, please visit www.paradoxinteractive.com.