Banishers: Ghosts of New Eden
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Documents about Banishers: Ghosts of New Eden
Focus Entertainment Half Year 2023/2024 Results
Focus Entertainment's first-half 2023/24 results (six months to September 30, 2023) present a publisher-developer in transition, balancing strong top-line growth against sharply lower profitability.
- Focus Entertainment reported 85 million euros in revenue for the first half of fiscal year 2023/2024, a 30% year-over-year increase.
- The company recorded a net loss of 11.5 million euros and an EBITA of -1.5 million euros, driven by higher production costs, increased amortization, and the underperformance of Atlas Fallen.
- Back-catalogue titles were the primary revenue driver, accounting for 69% of total earnings, bolstered by live content for SnowRunner and Insurgency: Sandstorm.
Don't Nod Investor Presentation: October 2023
Don't Nod, the Paris-based developer-publisher founded in 2008 by Oskar Guilbert, presents its first-half 2023 results and strategy to investors in October 2023.
- Don't Nod has secured a strong financial position with €64.2 million in cash and equivalents as of June 30, 2023, bolstered by a recent €45.9 million capital raise.
- The company is transitioning to a dual developer-publisher model, targeting an average of two game releases per year to ensure sustainable growth.
- There are currently eight projects in production across action, adventure, and narrative genres, designed to leverage the studio's reputation for storytelling.
Don't Nod 2023 Half-Year Results
The 2023 half-year financial results for DON'T NOD, an independent French video game developer and publisher, reflect a period of strategic investment and operational transition.
- DON'T NOD ended H1 2023 with €64.2 million in cash and cash equivalents, significantly bolstered by a €45.9 million capital increase in February 2023.
- Total operating revenues grew 10.3% year-over-year to €16.5 million, driven by a 28.2% increase in back-catalog sales from franchises like Vampyr and Life is Strange.
- The company recorded a net loss of €0.9 million for H1 2023, a decline from the €1.7 million net income reported in the same period of 2022 due to higher operating expenses and a €1.3 million non-recurring asset realignment charge.
Focus Entertainment FY 2022/2023 Results Presentation
Focus Entertainment's fiscal 2022/23 results were the strongest in its history, supporting the thesis that its indie and AA developer-publisher model is scaling profitably while outgrowing the broader market.
- Focus Entertainment achieved record-breaking FY 2022/2023 revenue of €194.1 million and EBITA of €28.4 million, marking year-over-year growth of 36% and 115% respectively.
- The company is executing a strategy to increase owned and co-owned intellectual property to 50% of total revenue to improve margins and reduce third-party licensing reliance.
- A development pipeline of 46 titles is scheduled for release over the next three years to support continued growth.
Don't Nod 2022 Results Presentation
Don’t Nod’s 2022 results presentation outlines the company’s strategic transition toward an integrated model that combines internal game development with self-publishing.
- Don't Nod is transitioning to an integrated model that combines internal development with self-publishing to retain intellectual property rights and improve long-term profitability.
- The company is scaling its production pipeline to include nine original intellectual properties, with a strategic focus on the action-RPG segment for expansion after 2025.
- 2022 operating revenues reached €30.0 million, representing a 12.5% year-over-year increase driven by higher capitalized production costs.
Don’t Nod 2022 Financial Results
Don't Nod reported record operating revenue of €30 million for the year ended December 31, 2022, marking a 12.5% increase from 2021 and the highest in the company's history.
- Don’t Nod is facing an existential liquidity crisis, with only €8 million in cash reserves as of July 2026 and operations projected to cease by January 2027 without external financing.
- The studio’s financial performance collapsed from a record €30 million in revenue and €2.55 million in net income in 2022 to a €4.3 million loss in the first half of 2026.
- To address mounting deficits, including a €10.3 million loss in the second half of 2025, the company is planning to lay off approximately 90 employees, representing nearly half of its workforce.
Don't Nod 2022 Annual Results: A Year Focused on Development
The 2022 fiscal year for DON'T NOD served as a transitional period focused on scaling production capacity and building a robust intellectual property pipeline.
- DON'T NOD is executing a multi-year release strategy featuring eight titles scheduled for launch between 2023 and 2025.
- The company secured a strong financial foundation for its development pipeline through a €45.9 million capital increase in early 2023, which included investment from Tencent Holdings Limited.
- Fiscal year 2022 operating revenues rose 12.5% to €30.0 million, driven by a 42% increase in capitalized production totaling €23.0 million.
2022 Business Review: Ramp-up of the Richest Line-up in DON'T NOD's History
DON'T NOD achieved a significant financial milestone in 2022, reporting total operating revenues of €30.0 million, a 12.5% increase over the previous year.
- DON'T NOD reported 2022 operating revenues of €30.0 million, representing a 12.5% year-over-year increase.
- Capitalized production surged by 42% to €23.0 million, reflecting a strategic shift toward a robust development pipeline of eight titles scheduled for release between 2022 and 2025.
- Sales revenue declined to €0.9 million in 2022, primarily due to a difficult base effect from the previous year's back-catalog guaranteed minimums.
Rapport Financier Annuel 2022
DON'T NOD's 2022 annual financial and corporate responsibility report documents a year in which the Paris-based studio, in transition from work-for-hire toward co-production and self-publishing, returned to net profit while investing heavily in its own pipeline.
- DON'T NOD plans to release two new intellectual properties in 2023: "Harmony: The Fall of Reverie" in June (self-published on PC, PS5, Xbox Series X|S, Switch) and "Banishers: Ghosts of New Eden" in late 2023 (co-produced with Focus Entertainment on PC, PS5, Xbox Series X|S).
- The company is actively developing five other projects (Project 9, 10, 11, M1, and 12, an Action-RPG) for release between 2023 and 2025, in addition to supporting projects from TOLIMA and TINY BULL studios.
- Tencent is the largest shareholder, holding 41.9% of shares and 33.7% of voting rights as of March 31, 2023, while Kostadin YANEV and affiliates hold 21.8% of shares and 35.0% of voting rights.
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