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Asmodee (ASMDEE) investor relations material

Asmodee AGM 2025 summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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AGM 2025 summary18 Sep, 2025

Opening remarks and agenda

  • The meeting was opened with a welcome, safety instructions, and agreement to conduct proceedings in English, followed by the election of the chair and approval of the agenda and voting list.

  • The chair and voting procedures were established, with 64.37% of capital and 72.71% of votes represented.

Board and executive committee updates

  • The board focused on preparing for independent listing, establishing governance structures, and forming audit and remuneration committees.

  • Twelve board meetings and several committee meetings were held, focusing on governance, Nasdaq compliance, and strengthening board processes.

  • Eugene Evans was elected as a new independent director, bringing digital gaming experience, and committee compositions were confirmed.

Financial performance review

  • Net sales reached €1.4 billion, up €100 million from last year, with 7.7% organic growth and 130 million units shipped.

  • Adjusted EBITDA was €228 million (16.7% margin), and free cash flow was €197 million with an 86% conversion rate.

  • Strong cash position with €286.4 million in cash and a net debt/EBITDA ratio of 2.3x after M&A commitments.

  • No dividend proposed for 2024-25, with excess liquidity distribution contingent on net debt/EBITDA below 2x.

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Q2 25/2620 Nov, 2025
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Frequently asked questions

Asmodee Group is a France-based publisher and distributor of board games, trading card games, and digital games. The company develops original games and also licenses and distributes titles from third-party creators. Its portfolio includes a wide range of family, strategy, and party games across global markets. Asmodee serves both retail and online channels and operates studios and distribution subsidiaries in multiple countries. The company is headquartered in Guyancourt, France. Asmodee Group is privately held and not listed on a public stock exchange.

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