Key insights
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Key number
Net income more than doubled to €8.4 million in H1 2022/23.
Nacon's net income increased by 123.5% to €8.4 million in the first half of 2022/23, up from €3.8 million in the first half of 2021/22.
What changed
Gross profit rose to 61.4% of revenue in H1 2022/23.
Gross profit increased to €47.6 million, or 61.4% of revenue, from €38.0 million, or 52.1% of revenue, in H1 2021/22. The report attributes this to a higher proportion of Video Games revenue.
Balance sheet
Cash and cash equivalents fell to €38.05 million by September 30, 2022.
Cash and cash equivalents decreased from €81.78 million at the start of the period to €38.05 million by September 30, 2022. The report says this was primarily due to investing activities.
Top line
Consolidated revenue grew 6.2% to €77.5 million in H1 2022/23.
Consolidated revenue was €77.5 million in the first half of 2022/23, up 6.2% from €73.0 million in the first half of 2021/22.
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Summary
INTERIM FINANCIAL REPORT FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2020 – NACON SIX MONTHS ENDED 30 SEPTEMBER 2022 SIX MONTHS ENDED 30 SEPTEMBER 2022 TABLE OF CONTENTS 2 1. STATEMENT BY THE PERSON RESPONSIBLE .3 2.
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