Key insights
7 takeaways · ~3 min read- 01NACON’s Q3 2024/25 consolidated sales fell 10.3% year-over-year to €52.9 million, primarily driven by a 23.7% decline in gaming revenue.See it on page 1
- 02Gaming revenue was negatively impacted by a 52.9% drop in new-catalogue sales, as the company released only one new title, MXGP: The Official Motocross Videogame™.See it on page 1
- 03Back-catalogue gaming sales provided a partial offset, rebounding by 24.5% to reach €15.6 million.See it on page 1
- 04Accessories sales grew 5.3% to €25.2 million, supported by the performance of RIG headsets and REVOLUTION 5 PRO controllers in the U.S. and Australian markets.See it on page 1
- 05NACON is establishing a new gaming accessory production plant in Lauwin-Planque, France, to improve supply chain control and inventory management.See it on page 2
- 06While the company projects a slight sales increase for Q4, it anticipates a decline in operating income due to the postponement of several new releases.See it on page 2
- 07The company expects growth in the first half of 2025/26, driven by a busy release schedule and the launch of products compatible with the Nintendo Switch™ 2.See it on page 2
Summary
NACON reported consolidated sales of €52.9 million for the third quarter of its 2024/25 financial year, a decline of 10.3 % from the €59.0 million recorded in the same period last year. Gaming sales fell 23.7 % to €25.4 million, driven by a sharp drop in new‑catalogue releases; catalogue sales dropped 52.9 % to €9.8 million after only one new title, MXGP: The Official Motocross Videogame™. Back‑catalogue sales rebounded 24.5 % to €15.6 million, supporting the company’s strategy of leveraging legacy titles. Accessories sales grew modestly 5.3 % to €25.2 million, buoyed by strong performance of RIG headsets and REVOLUTION 5 PRO controllers in the U.S. and Australia, despite delays of several new accessories slated for 2025.
IFRS sales for the first nine months rose 2.5 % to €129.9 million, with gaming down 4.6 % and accessories up 11.1 %. NACON announced a new production plant for gaming accessories in Lauwin‑Planque, France, expected to improve supply chain control and inventory optimisation. The company projects a slight sales increase in the fourth quarter, though operating income may decline due to postponed releases. For 2025/26 first half, NACON anticipates strong growth from new gaming titles, continued back‑catalogue momentum, a busy release schedule, and the launch of Nintendo Switch™ 2 compatible products. The company operates across 100 countries with over 1,000 employees and is part of the Bigben group.
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