Updated Mar 23, 2026 by Nacon
Nacon achieved a 14.4% increase in annual sales to €129.4 million, with net profit rising 41.8% to €15.3 million.
Profitability metrics improved significantly, as EBITDA climbed 45.0% to €48.4 million and current operating income surged 80.3% to €22.6 million.
The company’s balance sheet was strengthened by a March 2020 IPO that raised €103 million, resulting in a net cash position of €42.8 million.
Gross margin expanded by 26.7 percentage points to 61.1% of sales, driven primarily by a surge in digital game revenue to €48.9 million.
Management projects FY 2020/21 sales between €140–150 million with an operating margin near 18%.
The company reaffirmed its 'NACON 2023' strategy, targeting FY 2022/23 sales of €180–200 million and an operating margin exceeding 20%.
Future growth initiatives focus on AA-grade titles, studio acquisitions, 5G cloud gaming, and the expansion of premium accessories following the RIG™ headset acquisition.
Nacon achieved a 14.4% increase in annual sales to €129.4 million, with net profit rising 41.8% to €15.3 million.
Profitability metrics improved significantly, as EBITDA climbed 45.0% to €48.4 million and current operating income surged 80.3% to €22.6 million.
The company’s balance sheet was strengthened by a March 2020 IPO that raised €103 million, resulting in a net cash position of €42.8 million.
Gross margin expanded by 26.7 percentage points to 61.1% of sales, driven primarily by a surge in digital game revenue to €48.9 million.
Management projects FY 2020/21 sales between €140–150 million with an operating margin near 18%.
The company reaffirmed its 'NACON 2023' strategy, targeting FY 2022/23 sales of €180–200 million and an operating margin exceeding 20%.
Future growth initiatives focus on AA-grade titles, studio acquisitions, 5G cloud gaming, and the expansion of premium accessories following the RIG™ headset acquisition.