Updated Mar 23, 2026 by Nacon
Nacon achieved strong FY 2020/21 growth with sales rising 37.4% to €177.8 million and current operating income increasing 43.8% to €32.5 million.
Operating cash flow surged 146% to €55.7 million, supporting a year-end cash position of €96.7 million despite €56.4 million in capital expenditures.
The company raised its FY 2021/22 sales guidance to €180–200 million with a 20% operating margin, followed by an increased FY 2022/23 target of €230–260 million.
Growth drivers for the fiscal year included strong performance in premium accessories, successful U.S. market expansion, and a tripling of back-catalogue sales.
Future revenue growth is anchored by upcoming titles including 'RIMS Racing', 'Blood Bowl 3', and 'The Lord of the Rings', alongside ongoing studio acquisitions.
The board elected to retain all FY 2020/21 earnings for reinvestment rather than issuing a dividend to shareholders.
Nacon currently employs over 600 staff across 18 subsidiaries, maintaining a distribution network that spans 100 countries.
Nacon achieved strong FY 2020/21 growth with sales rising 37.4% to €177.8 million and current operating income increasing 43.8% to €32.5 million.
Operating cash flow surged 146% to €55.7 million, supporting a year-end cash position of €96.7 million despite €56.4 million in capital expenditures.
The company raised its FY 2021/22 sales guidance to €180–200 million with a 20% operating margin, followed by an increased FY 2022/23 target of €230–260 million.
Growth drivers for the fiscal year included strong performance in premium accessories, successful U.S. market expansion, and a tripling of back-catalogue sales.
Future revenue growth is anchored by upcoming titles including 'RIMS Racing', 'Blood Bowl 3', and 'The Lord of the Rings', alongside ongoing studio acquisitions.
The board elected to retain all FY 2020/21 earnings for reinvestment rather than issuing a dividend to shareholders.
Nacon currently employs over 600 staff across 18 subsidiaries, maintaining a distribution network that spans 100 countries.