Focus Home Interactive reported an 18% revenue decline to €85.1 million and a 60% drop in operating profit to €7.3 million for the first half of the 2021-22 fiscal year.
02
The company aggressively expanded its development capabilities through the acquisitions of Streum On Studio, Dotemu, and a majority stake in Douze-Dixièmes.
03
Digital sales remained a critical revenue driver, accounting for 88% of total turnover during the April to September 2021 period.
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A €140 million financing package and capital increases bolstered the company's cash position to €82.5 million, supporting a rise in gross intangible assets to €130.9 million.
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Despite a €2.9 million antitrust fine paid to the European Commission, the company maintains an annual revenue target of €120–150 million.
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The organization grew its workforce to 244 employees as part of a strategic shift toward internalizing production capabilities and securing long-term partnerships like the one with Saber Interactive.
Insights
01
Focus Home Interactive reported an 18% revenue decline to €85.1 million and a 60% drop in operating profit to €7.3 million for the first half of the 2021-22 fiscal year.
02
The company aggressively expanded its development capabilities through the acquisitions of Streum On Studio, Dotemu, and a majority stake in Douze-Dixièmes.
03
Digital sales remained a critical revenue driver, accounting for 88% of total turnover during the April to September 2021 period.
04
A €140 million financing package and capital increases bolstered the company's cash position to €82.5 million, supporting a rise in gross intangible assets to €130.9 million.
05
Despite a €2.9 million antitrust fine paid to the European Commission, the company maintains an annual revenue target of €120–150 million.
06
The organization grew its workforce to 244 employees as part of a strategic shift toward internalizing production capabilities and securing long-term partnerships like the one with Saber Interactive.