sur DONTNOD (EPA:ALDNE)
DON'T NOD: 2024 half-year results under pressure
On October 16, 2024, DON'T NOD revealed its 2024 half-year results. These figures show a decline in economic performance due to a competitive market environment. Revenue fell by 30% compared to 2023, reaching €1.9 million.
Economic EBITDA declined to -€1.3m, reflecting recent commercial underperformance, despite increased sales driven by established titles such as "Vampyr" and "Life is Strange". In addition, significant impairments impacted the balance sheet, totalling €31.6m, without impacting cash.
Management is considering a significant reorganization to strengthen competitiveness. This project, which could affect 69 jobs, aims to streamline operations and secure financial resources. DON'T NOD continues its development, hoping to stabilize its activities.
R. E.
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