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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Don't Nod Entertainment
Don't Nod Entertainment (ALDNE) investor relations material
Don't Nod Entertainment H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 2026 earnings summary20 Oct, 2026
Executive summary
H1 2026 revenue was €6.1m, down 14% YoY; operating EBITDA loss widened to €4.3m from €2.0m.
Safeguard proceedings opened on October 19 to support business continuity and help secure sustainable financing.
Financial highlights
Revenue was €6.064m, down 14% YoY; total operating revenue was €6.064m versus €13.895m, down 56% YoY.
Operating EBITDA including tax credits was -€4.335m versus -€1.974m; operating EBIT including tax credits was -€7.301m versus -€21.864m.
Consolidated net loss was €7.111m versus €20.820m; prior-year results included €15.4m of impairment charges.
Personnel expenses fell 34% to €8.2m; excluding 2025 employment-protection-plan costs, they decreased 25%, or €2.7m.
Other operating expenses fell 35% to €4.0m, including lower marketing, publishing and subcontracting costs.
Outlook and guidance
Operations over the next 12 months depend on external financing for business operations and project development.
A new plan announced September 1 refocuses French operations on one production line and could affect up to 85 positions; Montreal activity is unchanged.
Safeguard proceedings include an initial six-month observation period intended to enable financing solutions while operations continue.
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Latest events from Don't Nod Entertainment
- Revenue and cash declined sharply, triggering a major restructuring and urgent need for funding.ALDNE
H1 2026 TU - Revenues soared and losses narrowed in 2025, but future funding remains a key uncertainty.ALDNEH2 2025
- Revenue up 3.8x, net loss narrowed, and Netflix deal signals strategic progress.ALDNEH1 2025
- Major asset impairments and underperforming launches led to a €42.4M net loss and project pauses.ALDNEH1 2024
- 2024 saw a €64.3M net loss and major asset write-downs, but cash reserves remain solid.ALDNEH2 2024
Next Don't Nod Entertainment earnings date
H2 202622 Apr, 2027
Don't Nod Entertainment
Next Don't Nod Entertainment earnings date
H2 202622 Apr, 2027
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Frequently asked questions
Don't Nod Entertainment S.A. is a French video game developer known for creating narrative-driven, adventure games. The company's portfolio includes titles that focus on story-rich experiences, characterized by player choice and emotional depth. Their games often explore complex themes and moral dilemmas, appealing to a broad audience that values immersive storytelling. Don't Nod Entertainment serves the global video game market, primarily developing for platforms such as consoles, PC, and mobile devices. The company is headquartered in Paris, France, and its shares are listed on the Euronext Paris.