INNELEC MULTIMEDIA: 2024/25 Results and Rebound Outlook

INNELEC MULTIMEDIA has revealed its results for the 2024-25 fiscal year, marking a transitional year with revenue of €119.4 million, a 36% decrease compared to the previous year. Adaptation efforts include a 20% reduction in external expenses and an 11% reduction in payroll. Although operating profit is negative at -€2.18 million, the company is confident of a recovery in 2025-26.

For the coming year, INNELEC is banking on several factors: the launch of the Switch 2, new video games, and strategic partnerships, notably with the U brand and the Plastoy and Yu-Gi-Oh! brands. With cash of €13 million and controlled debt, the company hopes to return to profitability and profitable growth by 2025-26.