Starbreeze is doing business in a rapidly growing market and, in order to benefit from this growth, intends to continue reinvesting profits in activities that promote organic growth, such as product development and marketing. The company has not historically distributed dividends to shareholders. Future dividends will be the result of Starbreeze’s future revenues, cash flow, working capital and general financial position. Moreover, future investments in acquisitions of other companies, for example, may affect the size of future dividends.
The board of directors does not intend to propose dividends in the next few years, and instead intends to use generated cash flow to finance the continued growth and development of the business. Starbreeze’s long-term dividend policy is to distribute 50 percent of net profit after tax from the preceding financial year.
No dividends were distributed to shareholders for the periods 2014 to 2019. The board of directors is proposing that no dividend (0) be distributed for the 2020 financial year.