PAYDAY 2 represents 97% of game developer Starbreeze’s total revenue. All bets are now on PAYDAY 3, which will be launched during H2'23. Analyst Anton Damstén summarizes the case, the ongoing rights issue, as well as valuation and recommendation. Read the extended research, published 2023-05-30: https://www.inderes.se/en/research/starbreeze-it-starts-with-payday-3 Contents: 00:00 Start 00:10 One game - one company 01:10 Gaas model 01:40 PAYDAY 3 02:40 Risks 03:54 Ongoing rights issue and convertible loan 05:40 Future projects and plans 06:44 Publishing business 07:30 Valuation and recommendation 09:30 The possibilities for PAYDAY 3’s success Read more about Starbreeze: https://www.inderes.se/en/companies/Starbreeze

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