PULLUP Entertainment refinanced its senior debt on July 30, 2025, securing €168 million in new bank financing, replacing an existing syndicated credit of €117.5 million that was due in 2028.
02
The company's equity (Capitaux propres) decreased from €166,475k on March 31, 2025, to €156,808k on September 30, 2025.
03
PULLUP Entertainment expanded its executive committee with the appointment of Geoffroy Sardin as Deputy CEO for operational management (effective April 1, 2025) and Marion Dufour as HR Director.
04
The Group's workforce increased from 606 employees on March 31, 2025, to 623 employees on September 30, 2025, with notable growth in Focus Entertainment Publishing (166 to 174), Deck13 (83 to 87), and Dovetail (182 to 186).
05
Commitments to studios and rights holders decreased from €111,806k on March 31, 2025, to €86,490k on September 30, 2025, with the majority (€81,077k) owed to studios.
06
The Group has a strong partnership with the Warhammer brand, having published 5 games since 2020 and announcing Warhammer 40,000: Space Marine 3 in March 2025.
07
The company has diversified its activities from a distributor/publisher model to an editor/developer model through ten acquisitions since June 2020, integrating internal studios across Europe.
Insights
01
PULLUP Entertainment refinanced its senior debt on July 30, 2025, securing €168 million in new bank financing, replacing an existing syndicated credit of €117.5 million that was due in 2028.
02
The company's equity (Capitaux propres) decreased from €166,475k on March 31, 2025, to €156,808k on September 30, 2025.
03
PULLUP Entertainment expanded its executive committee with the appointment of Geoffroy Sardin as Deputy CEO for operational management (effective April 1, 2025) and Marion Dufour as HR Director.
04
The Group's workforce increased from 606 employees on March 31, 2025, to 623 employees on September 30, 2025, with notable growth in Focus Entertainment Publishing (166 to 174), Deck13 (83 to 87), and Dovetail (182 to 186).
05
Commitments to studios and rights holders decreased from €111,806k on March 31, 2025, to €86,490k on September 30, 2025, with the majority (€81,077k) owed to studios.
06
The Group has a strong partnership with the Warhammer brand, having published 5 games since 2020 and announcing Warhammer 40,000: Space Marine 3 in March 2025.
07
The company has diversified its activities from a distributor/publisher model to an editor/developer model through ten acquisitions since June 2020, integrating internal studios across Europe.