Remedy Entertainment Oyj Logo

Remedy Entertainment Oyj

ISIN: FI4000251897 | Ticker: REMEDY | LEI: 7437003VZ3JPF7DBTG92
Country: Finland

About Remedy Entertainment Oyj

Company Description

Remedy is an independent game developer founded in 1995 and primarily based in Espoo, Finland with an office in Stockholm, Sweden.

Our highly acclaimed titles include Control, Quantum Break, the Alan Wake franchise and Max Payne 1 and 2.

Our mission is to create thrilling experiences you can’t find anywhere else.​ We bring imagination to life using our unique technology, creating worlds that are completely believable yet extraordinary. Then we invite you down the rabbit hole.​

Join us and you’ll discover a vibrant, connected universe filled with stories and characters that stay with you long after you switch off.​

Over the past 25 years we’ve built a unique, people-first environment where courageous creativity thrives. You might be surprised by the next thing we release,​ but you’ll have no doubt it’s Remedy.​

Year founded



Luomanportti 3, 2200 Espoo – Finland

Financial statements

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Line item in (eur) 01.01.2021 01.01.2022 01.01.2023
Assets N/A 101,126,000.00 99,552,000.00
Noncurrent Assets N/A 23,074,000.00 31,380,000.00
Property Plant And Equipment N/A 3,178,000.00 3,142,000.00
Intangible Assets Under Development N/A 15,110,000.00 23,262,000.00
Noncurrent Receivables N/A 705,000.00 828,000.00
Deferred Tax Assets N/A 6,000.00 0.00
Noncurrent Financial Assets At Fair Value Through Profit Or Loss N/A 3,000,000.00 3,000,000.00
Current Assets N/A 78,052,000.00 68,172,000.00
Inventories N/A 17,000.00 13,000.00
Trade And Other Current Receivables N/A 20,163,000.00 12,729,000.00
Other Current Financial Assets N/A 4,139,000.00 3,818,000.00
Cash and cash equivalents 23,690,000.00 51,384,000.00 49,034,000.00
Equity And Liabilities N/A 101,126,000.00 99,552,000.00
Equity 36,098,000.00 87,419,000.00 88,356,000.00
Issued Capital N/A 80,000.00 80,000.00
Retained Earnings N/A 31,522,000.00 31,137,000.00
Share Premium N/A 38,000.00 38,000.00
Liabilities N/A 13,706,000.00 11,196,000.00
Noncurrent Liabilities N/A 2,055,000.00 1,145,000.00
Longterm Borrowings N/A 1,837,000.00 918,000.00
Current Liabilities N/A 11,651,000.00 10,050,000.00
Trade And Other Current Payables N/A 9,848,000.00 8,204,000.00
Current Borrowings And Current Portion Of Noncurrent Borrowings N/A 919,000.00 919,000.00
Line item in (eur) 01.01.2021/
Revenue 44,726,000.00 43,588,000.00
Other Income 1,000.00 19,000.00
Employee Benefits Expense 21,152,000.00 23,949,000.00
Depreciation Amortisation And Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss 3,043,000.00 2,468,000.00
Other Expense By Nature 3,757,000.00 6,002,000.00
Profit Loss From Operating Activities 11,407,000.00 -563,000.00
Finance Income 253,000.00 316,000.00
Finance Costs 318,000.00 941,000.00
Profit Loss Before Tax 11,342,000.00 -1,188,000.00
Income Tax Expense Continuing Operations 2,548,000.00 538,000.00
Profit (loss) 8,794,000.00 -1,726,000.00
Profit Loss Attributable To Owners Of Parent 8,794,000.00 -1,726,000.00
Line item in (eur) 01.01.2021 01.01.2022 01.01.2023
Profit (loss) N/A 8,794,000.00 -1,726,000.00
Interest Received Classified As Operating Activities N/A 109,000.00 282,000.00
Income Taxes Paid Refund Classified As Operating Activities N/A 3,366,000.00 961,000.00
Cash Flows From Used In Operating Activities N/A 6,052,000.00 11,068,000.00
Cash Flows From Used In Investing Activities N/A -16,602,000.00 -10,623,000.00
Proceeds From Issuing Shares N/A 41,992,000.00 1,352,000.00
Payments Of Lease Liabilities Classified As Financing Activities N/A 871,000.00 966,000.00
Dividends Paid Classified As Financing Activities N/A 1,961,000.00 2,261,000.00
Cash Flows From Used In Financing Activities N/A 38,244,000.00 -2,796,000.00
Increase (decrease) in cash and cash equivalents after effect of exchange rate changes N/A 27,694,000.00 -2,350,000.00
Cash and cash equivalents 23,690,000.00 51,384,000.00 49,034,000.00

Please note that some sums might not add up.

Filings & Publications


Consolidated Report
Corporate Governance Report
Company Presentation
Sustainability Report
Remuneration Report

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Listed Stock Exchange

Nasdaq Helsinki

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