Rage

Don't Nod Update on Business Performance for the First Half of 2026

DON'T NOD, an independent French video game developer and publisher, faces significant financial instability as of the first half of 2026.

• Don't Nod faces material uncertainty regarding its ability to continue as a going concern beyond January 31, 2027, due to a critical need for additional external financing.
• Gross cash reserves dropped by nearly 50% in the first half of 2026, falling from €15.4 million at the end of 2025 to €8.0 million by July 2026.
• The company reported a €4.3 million operating EBITDA loss for H1 2026, a significant deterioration compared to the €2.0 million loss in the same period of 2025.