Digital Bros Interim Report: March 31, 2026

Key insights

7 takeaways

01
Digital Bros reported consolidated net revenue of Euro 89.3 million for the nine months ending March 31, 2026, representing a 34.4% increase compared to the same period in the previous fiscal year.See it on page 19
02
Digital distribution revenue reached Euro 76.3 million, a 50.9% increase driven primarily by PC platform sales, which grew 63.6% to Euro 48.6 million following the launches of Wuchang: Fallen Feathers, Assetto Corsa EVO, and Assetto Corsa Rally.See it on page 24
03
The Group achieved a positive net financial position of Euro 4.2 million as of March 31, 2026, marking a significant improvement of Euro 20.8 million compared to the net debt position of Euro 16.6 million reported on June 30, 2025.See it on page 53
04
Gross profit rose to Euro 66.7 million from Euro 39.7 million in the prior year, benefiting from a product mix shift toward owned intellectual property titles that carry lower marginal royalty rates.See it on page 40
05
The company is executing a strategic shift to focus its publishing portfolio on a smaller number of proprietary titles to mitigate market volatility and improve long-term revenue visibility.See it on page 17
06
The Group recorded an operating loss of Euro 490 thousand and a negative EBITDA of Euro 294 thousand for the nine-month period ending March 31, 2026.See it on page 30
07
Equity investments decreased by Euro 6.9 million, primarily due to the complete write-off of the investment in Starbreeze AB and the disposal of the interest in the joint venture MSE&DB S.L.See it on page 21

Summary

Interim Report as of March 31st, 2026 (First nine months of Fiscal Year 2025/2026) Via Tortona, 37 - 20144 Milan, Italy Share Capital: Euro 6.024.334,80 of which Euro 5.706.014,80 subscribed Milan Companies House no. 290680-Vol. 7394 Chamber of Commerce no.