In the growth phase, Focus Entertainment accuses the first semester with a turnover down 18%, an operational profit down 60% and a net profit down 39%. Results charged to depreciation caused by two commercial failures.
These games are Hood: Outlaws & Legends from Sumo Digital and Warhammer Age of Sigma: Storm Ground of Gasket Games, two titles released last May and whose results were not up to the expectations of the French group. Consequence, the gross margin of Focus Entertainment reaches 21.9 million euros in the semester and represents 26% of turnover, a decrease of 5 points in record of last year. As of September 30, 2022, the net cash flow amounted to 5.6 million euros.
Results of Focus Entertainment
|Period||Turnover||Operational Profit||Net profit|
|April 2020 – September 2020||103.6 million euros||18.2 million euros||9.8 million euros|
|April 2021 – September 2021||85.1 million euros||7.3 million euros||5.5 million euros|
Focus Entertainment also indicates to increased its investments in the development of games. These represent 19.5 million euros between April and September 2021, compared with 17.3 million euros in the same semester a year earlier. Acquired on September 30th for the sum of 53.5 million euros, DOT EMU did not contribute to the semester results. The contributions of the retro label are awaited at the turn in 2022 with the outings of Windjammers 2, Pharaoh: a new ERA, Metal Slug Tactics and teenage mutant Ninja Turtles: Shredder’s Revenge.
Other opportunities for Focus Entertainment include strong titles like Plague Tale: Requiem, Evil West, a co-production with NOD that could be the continuation of Vamp yr as well as Warhammer 40 000: Space Marine 2 by Saber Interactive, notice noticed at Game Awards The trailer counts more than 8 million views.
Focus Entertainment, which carried out 88% of its sales for download and 6% of its sales in France during this semester, will publish its annual balance sheet on 24 June 2022 with the objective an annual turnover of between 120 and 150 million. Euros.
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