DJ FOCUS ENTERTAINMENT: Announces its results for the 2023/24 financial year - a year of structuring and new organisation for the Group
Revenue from Other amounted to EUR10.2 million for the financial year, consisting of the activities of the influential marketing agency and revenues from the newly created audiovisual platform, SCRIPTEAM. The very good performance of the back catalogue in 2023/24 as well as the contribution of DOVETAIL Games did not manage to offset lower-than-expected sales of Atlas Fallen and the impact of the portfolio adjustment to concentrate investments on franchises owned or co-owned by the group and with recurring revenues.
-- The amortization of goodwill, amortised on a straight-line basis over 10 years, and intangible assetsidentified in connection with acquisitions amounted to -EUR12.6 million, compared with -EUR9.3 million in the 2022/23financial year, mainly reflecting the integration of Dovetail Games at the beginning of the financial year.-- Financial income amounted to -EUR6.1 million compared with -EUR3.
During the financial year, the Group also continued its targeted external growth strategy, in line with its desire to strengthen the generation of recurring revenue by acquiring UK-based DOVETAIL Games in April 2023, both a developer and publisher of the leading rail simulation game Train Sim World. For the 2023 EthiFinance ESGRatings campaign, the progress made by PULLUP Entertainment has been recognised, with the rating increasing to 64/100 compared with 60/100 previously .
-- The second in the Australian video game development studio UPPERCUT GAMES, founded in 2011 by industryveterans whose teams specialise in creating successful franchises such as BioShock, XCOM and Borderlands. Apartnership was also signed to create a new intellectual property co-owned by FOCUS Entertainment Publishing.
The adaptation of the famous Metal Slug franchise - published by DOTEMU and developed by LEIKIR Studio, one of the studios in the PULLUP Entertainment group - Metal Slug Tactics will be launched in autumn 2024 on PC, Xbox One/Series, PlayStation 4 and 5 as well as on the Nintendo Switch console. The demo launched on STEAM on 7 June 2024 is already in the top 10 most played games of the month.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Herkunft: FN_Nachrichten - 🏆 88. / 53 Weiterlesen »
Herkunft: FN_Nachrichten - 🏆 88. / 53 Weiterlesen »
Herkunft: FN_Nachrichten - 🏆 88. / 53 Weiterlesen »
Herkunft: FN_Nachrichten - 🏆 88. / 53 Weiterlesen »
Herkunft: FN_Nachrichten - 🏆 88. / 53 Weiterlesen »
Herkunft: FN_Nachrichten - 🏆 88. / 53 Weiterlesen »