FOCUS ENTERTAINMENT: Second-quarter revenue for fiscal year 2023/2024: €46.4m
19 Outubro 2023 - 12:56PM
Business Wire
Regulatory News:
FOCUS ENTERTAINMENT (Paris:ALFOC)(FR0012419307
- ALFOC) has published its revenue for the second quarter of
2023/2024 as at 30 September 2023.
In millions of euros Unaudited
Q2 2023/2024
Q2 2022/2023
Chg.
H1 2023/2024
H1 2022/2023
Chg.
Catalogue
12.6
12.6
-
23.1
31.0
-25%
Back Catalogue
32.5
14.6
x2.2
58.6
34.5
+70%
Other
1.4
-
-
3.4
-
-
Group total revenue
46.4
27.3
+70%
85.0
65.5
+30%
After a slight increase in the first quarter (+1% to €38.6m),
FOCUS ENTERTAINMENT posted a 70% increase in revenue in the second
quarter of the 2023/2024 financial year to €46.4m.
Over the period, sales were driven by the momentum of the titles
launched in the previous year Teenage Mutant Ninja Turtles:
Shredder's Revenge, A Plague Tale: Requiem and Atomic
Heart but also by SnowRunner and Insurgency:
Sandstorm, both launched more than three years ago, and which
regularly receive additional content. The quarter also benefited
from the successful launch of several new games since the beginning
of the year: Warhammer 40,000: Boltgun, Aliens: Dark
Descent, Chants of Sennaar and Train Sim World 4.
These four new games were acclaimed by players with an average user
score of 89/100 on Steam(1).
The successful launch of Train Sim World 4 by Dovetail
Games Group at the end of September and the overall contribution of
the Train Sim World franchise demonstrates FOCUS
ENTERTAINEMENT’s ability to identify studios capable of adding
strong franchises that generate recurring revenue.
As a reminder, Dovetail Games Group has been 100% integrated
into FOCUS ENTERTAINMENT financial statements since 1 April 2023.
Excluding its contribution and that of the other acquisition
carried out in the second half of 2022, like-for-like revenue
amounted to €39.8m, up 46.2%.
Overall, revenue for the first half of the year was €85 million,
up 30% compared with the same half of the previous year (€72.5
million and +10.7% at constant scope). Over the period, 90% of
sales were made via digital partners. International sales accounted
for 95% of the Group’s total revenues.
Outlook: strategic course
maintained
Between now and the end of the financial year, the teams will be
specifically mobilised to improve and optimise Atlas Fallen,
and to prepare for the releases of Banishers: Ghosts of New
Eden and Space Marine 2.
Banishers: Ghosts of New Eden, a new franchise jointly
owned with DON'T NOD, will be launched on 13 February 2024 on PC,
PlayStation 5 and Xbox Series X|S simultaneously. This new release
date, previously announced, will offer more favourable launch
conditions after the end of 2023, which is characterised by a large
number of game launches on the market.
Finally, regarding Space Marine 2, based on an iconic
licence and developed by SABER Interactive, the teams are currently
working hard to ensure that all the features of the game are in
place to guarantee that it lives up to its potential.
Fabrice Larue, Chairman and CEO of FOCUS ENTERTAINMENT said:
“The growth recorded over the quarter is testament to the strength
of our games and the quality of the experiences offered to players.
The teams continue to be fully focused on the quality of our
content and the proper execution and delivery of the line-up. With
high-quality franchises that provide long-term revenue and an
ambitious release schedule for the coming years, the Group
reaffirms its full confidence in its development prospects and
maintains its strategic course.”
(1) Weighted average scores of the number of opinions
collected as of the date of this press release since the launch of
the games
Next publication: H1 2023/2024 Results
14 December 2023 after the market closes
About FOCUS ENTERTAINMENT
FOCUS ENTERTAINMENT is one of the European leaders in video game
publishing and development. Publisher of strong licenses such as A
Plague Tale, Atomic Heart, Evil West, The Surge and SnowRunner, its
mission is to support leading French and international studios in
the development, production monitoring, marketing, sales and
financing of their projects. FOCUS ENTERTAINMENT generates more
than 95% of its sales internationally. The Group generated turnover
of €194.1 million in 2022-2023.
All financial information pertaining to FOCUS ENTERTAINMENT can
be found at www.focusent.com
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version on businesswire.com: https://www.businesswire.com/news/home/20231019750583/en/
Investor Relations Laure d’Hauteville Tel: + 33 (0) 1 55
26 85 00 Email: IR@focusent.com Press Relations Clémence
Bigeon Tel: + 33 (0) 1 55 26 85 00 Email:
Clemence.BIGEON@focusent.com
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