DON'T NOD 2023 Annual Results: A Year of Transition with Challenges and Opportunities

DON'T NOD, independent publisher and developer of video games, presented the results of its 2023 financial year, marked by financial ups and downs. Economic operating revenues increased by 6.8% to €32.1 million, a figure that reflects the intensification of future game developments, although softened by a significant decline in development activities following the completion of major projects.

The company's financial structure remains solid with shareholders' equity increased to €118.6 million and robust available cash flow of €54.3 million. However, economic EBITDA fell to €1.7 million, impacted by increased charges and provisions for non-cash impairment, reflecting a competitive and saturated market environment.

Concerning the outlook, DON'T NOD will move towards refocusing its production lines to better capitalize on its already recognized expertise in narrative games. Oskar Guilbert, President of DON'T NOD, underlines this strategic reorientation towards maximizing operational performance to ensure sustained value creation in a constantly evolving industry.