Paradox Interactive profits drop 90% due to Life By You cancellation

Paradox Interactive's profits have significantly dropped by 90% following the cancellation of Life By You.

The publisher released its second quarter financial results on Thursday, in which it saw profits drop to SEK 28.9 million ($2.6 million) compared to SEK 292.9 million ($27.1 million) during the same period last year.

Write-downs of development costs for Life By You amounted to SEK 208 million ($19.2 million), which are included in the operating profits.

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