Jusant
Game
Documents about Jusant
Don't Nod FY 2024 Results
Don't Nod's fiscal 2024 results present a year of sharp commercial and accounting reset for the Paris-based narrative-driven studio.
- Don't Nod reported a €64.3 million consolidated net loss for FY 2024, driven largely by €50 million in non-cash write-downs on titles including Jusant and Banishers: Ghosts of New Eden.
- Operating revenues declined to €23.9 million from €32.1 million in 2023, impacted by a 23% drop in capitalized production and a 99% decrease in development revenues.
- The company initiated a cost-reduction plan involving 59 job cuts and the suspension of two Paris-based production lines to achieve €5 million in annual operating expense savings.
Don't Nod 2024 Full-Year Results
The 2024 full-year results for DON'T NOD, an independent French video game developer and publisher, reveal a period of significant financial contraction driven by the commercial underperformance of recent titles and a strategic shift in operations.
- DON'T NOD reported a consolidated net loss of €64.3 million for 2024, a significant increase from the €14.8 million loss in 2023.
- The 2024 results include over €50 million in non-cash charges, specifically a €33 million impairment of fixed assets for 'Jusant' and 'Banishers: Ghosts of New Eden' alongside the write-off of several development projects.
- Operating revenues declined by 25% to €23.9 million, driven by a lack of new co-production revenue and reduced capitalized production.
Don't Nod 2024 Half-Year Results
The 2024 half-year results for DON'T NOD reveal a significant financial downturn driven by the commercial underperformance of recent game launches in a highly competitive market.
- DON'T NOD reported a consolidated net loss of €42.4 million for H1 2024, a significant decline from the €0.9 million loss recorded in H1 2023.
- The company recorded €40 million in non-cash charges, including a €31.6 million impairment of fixed assets tied to the titles Jusant and Banishers: Ghosts of New Eden and the suspension of two development projects.
- Operating revenues fell by 11% to €14.6 million during the first half of 2024, driven by a decrease in development-related income.
2023 Business Review: Don't Nod
The 2023 business review for the French independent studio DON'T NOD outlines a period of strategic transition characterized by increased investment in future game development and a refocusing of its creative portfolio.
- DON'T NOD ended 2023 with a solid financial position of €54.3 million in available cash despite a challenging market environment.
- Operating revenues grew 6.8% to €32.1 million, driven by a 16.8% increase in capitalized production to €26.8 million.
- The studio recorded a €10.5 million non-cash write-off on its intellectual property portfolio, resulting in an adjusted operating EBIT of approximately €-1.4 million.
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.
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