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Don't Nod Entertainment (ALDNE) investor relations material
Don't Nod Entertainment H1 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 2025 earnings summary28 Oct, 2025
Executive summary
Revenue increased 3.8 times year-over-year to €7.0 million, driven by Bloom & Rage and its integration into PS+.
Net loss halved to €20.8 million compared to the same period last year.
Signed a development agreement with Netflix for a new narrative video game based on a major IP.
Performance plan and operational transformation underway, with initial cost savings realized.
Financial highlights
Total operating revenue for H1 2025 was €13.9 million, down 5% year-over-year due to lower capitalized production.
Operating EBITDA (including tax credits) was -€2.0 million; adjusted for non-recurring reorganization expenses, EBITDA was at break-even.
Operating EBIT (including tax credits) improved to -€21.9 million from -€34.5 million year-over-year.
Non-recurring income of €1.7 million, mainly from partial reversal of restructuring provision.
Cash and cash equivalents at June 30, 2025, were €23.4 million, down from €32.9 million at year-end 2024.
Outlook and guidance
Full benefits of the performance plan expected in H2 2025.
Launch of The Lonesome Guild and development of Aphelion (P10) expected to support future growth.
Advanced negotiations for co-production of P14 project ongoing.
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Next Don't Nod Entertainment earnings date
H2 202516 Apr, 2026
Next Don't Nod Entertainment earnings date
H2 202516 Apr, 2026
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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.
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