NACON's net income more than doubled, increasing 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.
02
Operating income also saw significant growth, rising by 119.2% to €9.8 million in the first half of 2022/23, compared to €4.5 million in the same period last year.
03
Gross profit increased to €47.6 million (61.4% of revenue) in H1 2022/23 from €38.0 million (52.1% of revenue) in H1 2021/22, driven by a higher proportion of Video Games revenue.
04
Consolidated revenue grew by 6.2% to €77.5 million in the first half of 2022/23, compared to €73.0 million in the first half of 2021/22.
05
Basic earnings per share rose from €0.04 in H1 2021 to €0.10 in H1 2022.
06
Cash and cash equivalents decreased significantly from €81.78 million at the start of the period to €38.05 million by September 30, 2022, primarily due to investing activities.
Insights
01
NACON's net income more than doubled, increasing 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.
02
Operating income also saw significant growth, rising by 119.2% to €9.8 million in the first half of 2022/23, compared to €4.5 million in the same period last year.
03
Gross profit increased to €47.6 million (61.4% of revenue) in H1 2022/23 from €38.0 million (52.1% of revenue) in H1 2021/22, driven by a higher proportion of Video Games revenue.
04
Consolidated revenue grew by 6.2% to €77.5 million in the first half of 2022/23, compared to €73.0 million in the first half of 2021/22.
05
Basic earnings per share rose from €0.04 in H1 2021 to €0.10 in H1 2022.
06
Cash and cash equivalents decreased significantly from €81.78 million at the start of the period to €38.05 million by September 30, 2022, primarily due to investing activities.