Q3 2021 Paradox Interactive AB (publ) Earnings Call Transcript
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Hello, and welcome to the Paradox Interactive Quarter 3, 2021 Release Stream. And my name is Fredrik Wester and with me, Alexander Bricca, the CFO of the company. Cool. So we released a report this morning, and we're going to walk you through it with a couple of comments to start. So I'm going to start with comments from myself, and then we'll move over to the numbers, which Alex will take you through. So all in all, you can say, the quarter is disappointing for many different reasons. It's -- on revenue, the worst quarter in 2 years. On profit, it's the worst quarter ever in the company history, which has to do with a write-off of a couple of different projects has been going for too long and have been too costly.
Combined with the fact that we haven't released too much in the quarter either, which brings down to [a bit]. The effects of the write-offs are typically due to low control internally that we should have maybe been able to cut the projects earlier on in production, and
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