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Embracer Group has 69 unannounced titles in the works

Embracer Group has 69 unannounced titles in the works

THQ Nordic parent company Embracer Group has revealed that it has 118 games in development at the moment, over half of which have not been announced.

In its report for the financial year ending March 31st, 2020, the European games firm said that 69 of its projects are yet to be revealed. Overall for the year, Embracer's games arm saw a 31 per cent in sales, bringing in kr3.2bn ($331m) for the period, driven by the likes of Darksiders Genesis and Monster Energy Supercross 3, as well as the Sam's Story DLC for Metro Exodus.

This increase in sales is in part due to people buying games during the COVID-19 coronavirus pandemic. 78 per cent of units shifted this year were digital.

"I genuinely believe that we have one of the industry’s most exciting pipelines of upcoming games, engaging over 3,000 game developers across the world," CEO Lars Wingefors (pictured) said.

"We believe this will drive significant organic growth in revenue, operational EBIT and cash flow in the games business area in the coming years."

This follows the company landing $164m in investment to make further acquisitions. Speaking of purchases, Embracer snapped up World War Z maker Saber Interactive as well as Let's Sing developer Voxler in February of this year


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PCGamesInsider Contributing Editor

Alex Forbes-Calvin is a freelance writer and photographer, mostly operating within the games industry. Over his career, he has written for the likes of MCV, Eurogamer, GamesIndustry.biz, The Observer, VGC and Esquire. That's on top of writing books for Dark Horse on RuneScape, Assassin's Creed, Dead Island 2 and more.