Press release
Lesquin,
FOURTH-QUARTER 2023/24 SALES
UP 9.8% TO €41.0 MILLION
2023/24 SALES (non-IFRS) UP 9.5% TO €170.7 MILLION
STRONG GROWTH IN PROFITABILITY OVER THE FULL YEAR
Sales (unaudited) | 2023/24 | 2022/23 | Change |
€ million | |||
Fourth quarter (January–March) | 41.0 | 37.3 | +9.8% |
Gaming | 26.4 | 24.5 | +7.9% |
o/w: Catalogue | 15.4 | 13.3 | +16.3% |
Back catalogue | 11.0 | 11.2 | -2.0% |
Accessories | 13.8 | 12.2 | +13.1% |
Other(1) | 0.7 | 0.6 | +18.9% |
Full year (April–March) | |||
Non-IFRS sales | 170.7 | 156.0 | +9.5% |
Gaming | 104.0 | 90.5 | +14.9% |
o/w: Catalogue | 59.3 | 48.9 | +21.2% |
Back catalogue | 44.7 | 41.6 | +7.4% |
Accessories | 62.7 | 61.2 | +2.4% |
Other(1) | 4.1 | 4.2 | -3.9% |
Adjustment for the partial disposal of Gollum | -3.0 | ||
IFRS sales | 167.7 | 156.0 | +7.5% |
(1) Mobile and Audio sales
Strong business trends in the fourth quarter: sales up 9.8%
GAMING: Performance was positive in the fourth quarter, with sales rising 7.9% to €26.4 million despite a high base for comparison (strong back-catalogue activity in Q4 2022/23 and release of Blood Bowl® 3,
Catalogue sales (new games) rose 16.3% to €15.4 million over the period. Five games were released in the fourth quarter of 2023/24 and performed well:
War Hospital and New Cycle in January,Garden Life and Welcome to Paradize in February,- Taxi Life in March.
Over the full year,
An impressive line-up of launches is also planned for 2024/25, with around 15 games scheduled for release, including
Back-catalogue sales (games released in previous years) held up well at €11.0 million. In 2024/25, Back-catalogue sales will get a boost from the various games released in the 2023/24 financial year, paving the way for strong growth.
ACCESSORIES: Over the quarter, Accessories sales rose 13.1% to €13.8 million. The new products released in October, including the RIG 600 PRO gaming headset and the REVOLUTION 5 PRO controller, have gone from strength to strength. The RIG 600 PRO has sold very well, especially in the US. These trends are expected to continue over the next few months with the increase in the installed base of consoles.
Further strong growth in operating income expected over the full year
Given the performance over the full year,
The targets and development strategy for the 2024/25 financial year will be presented when the full-year 2023/24 results are published on 3 June.
Next event:
FY 2023/24 results press release to be published on
FY 2023/24 results presentation meeting at
ABOUT | |
2023/24 IFRS SALES €167.7 million HEADCOUNT Over 1,000 employees INTERNATIONAL PRESENCE 23 subsidiaries and a distribution network covering 100 countries https://corporate.nacongaming.com/ | Listed on Euronext Paris, Compartment B - Index: CAC Mid&Small ISIN: FR0013482791; Reuters: NACON.PA; Bloomberg: NACON:FP CONTACT: Cap Value – Gilles Broquelet gbroquelet@capvalue.fr - +33 1 80 81 50 01 |
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- CP_Nacon_CA T4 2023-24_Diffusion English
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