Activision Blizzard Income Statement

Financials in millions DKK. Fiscal year is January - December.

Millions DKK. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	265.74	205.01	199.38	255.33	172.3
Revenue Growth (YoY)	29.63%	2.82%	-21.91%	48.19%	-
Cost of Revenue	101.24	90.07	101.64	89.45	79.95
Gross Profit	164.5	114.94	97.75	165.88	92.35
Selling, General & Admin	101.52	75.13	66.7	52.15	44.75
Research & Development	112.99	89.23	56.84	27.06	34.19
Other Operating Expenses	0	-1.75	3.64	-2	-2.45
Operating Expenses	214.51	162.6	127.18	77.21	76.49
Operating Income	-50.01	-47.67	-29.43	88.67	15.87
Interest Expense	-6.59	-4.89	-1.52	-1.69	-1.37
Interest & Investment Income	8.05	4.69	0.2	0.01	0
Currency Exchange Gain (Loss)	0.8	-0.13	0.3	0.16	-0.7
Other Non Operating Income (Expenses)	5.34	5.09	-0.27	-0.05	-0.12
EBT Excluding Unusual Items	-42.41	-42.9	-30.71	87.1	13.68
Gain (Loss) on Sale of Assets	-	-	28.14	-	-
Other Unusual Items	-	-	8.83	-	-
Pretax Income	-42.41	-42.9	6.26	87.1	13.68
Income Tax Expense	-5.91	1.62	1.95	19.16	0.99
Net Income	-36.5	-44.52	4.31	67.94	12.69
Net Income to Common	-36.5	-44.52	4.31	67.94	12.69
Net Income Growth	-	-	-93.66%	435.28%	-
Shares Outstanding (Basic)	16	15	12	0	0
Shares Outstanding (Diluted)	16	15	12	0	0
Shares Change (YoY)	7.47%	28.92%	8863.86%	0.92%	-
EPS (Basic)	-2.24	-2.93	0.37	517.53	97.57
EPS (Diluted)	-2.24	-2.93	0.37	517.50	97.57
EPS Growth	-	-	-99.93%	430.37%	-
Free Cash Flow	-20.67	-55.26	14.8	61.34	25.79
Free Cash Flow Per Share	-1.27	-3.64	1.26	467.27	198.25
Dividend Per Share	-	-	516.490	500.000	50.000
Dividend Growth	-	-	3.30%	900.00%	-
Gross Margin	61.90%	56.06%	49.02%	64.97%	53.60%
Operating Margin	-18.82%	-23.25%	-14.76%	34.73%	9.21%
Profit Margin	-13.73%	-21.72%	2.16%	26.61%	7.37%
Free Cash Flow Margin	-7.78%	-26.96%	7.42%	24.02%	14.97%
EBITDA	-45.65	-44.79	-27.51	94.49	21.04
EBITDA Margin	-17.18%	-21.85%	-13.80%	37.01%	12.21%
D&A For EBITDA	4.36	2.88	1.92	5.82	5.17
EBIT	-50.01	-47.67	-29.43	88.67	15.87
EBIT Margin	-18.82%	-23.25%	-14.76%	34.73%	9.21%
Effective Tax Rate	-	-	31.14%	22.00%	7.23%

Updated Feb 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.