Nacon's third-quarter sales fell 10.3% to €52.9 million, the company said in January 2025
In the quarter, gaming sales dropped 23.7% and accessories rose 5.3%; Nacon then expected a slight rise in sales for 2024/25 and said operating income could fall.
Nacon reported consolidated sales of €52.9 million for the third quarter of its 2024/25 financial year, October to December, down 10.3% from the same quarter a year earlier, in a release dated Jan 20, 2025. The company marked the quarter's and the nine months' figures as unaudited. In millions of euros, sales for the nine months from April 1 to December 31, 2024 were 129.9, up 2.5% from 126.7 a year earlier.1,2,3,4,5,6
Nacon summed up the quarter as a high base for comparison in gaming and ongoing progress in accessories. Gaming sales were €25.4 million, down 23.7% from a year earlier. Sales of new games, which Nacon called catalogue sales, were €9.8 million, down 52.9%, and the company said there had been no major new releases in the period. It said only one racing game, MXGP: The Official Motocross Videogame, was released, whereas the year-earlier period had been boosted by what it called the exceptional success of Robocop: Rogue City and the releases of Cricket 24: Official Game of The Ashes and Gangs of Sherwood. Back catalogue sales, meaning games released in earlier years, rose 24.5% to €15.6 million, which the company said vindicated its strategy.7,8,9,10,11
Accessories sales rose 5.3% to €25.2 million, with RIG headsets and REVOLUTION 5 PRO controllers still selling strongly in the USA and Australia, the company said. It said the COBRA seat, the DRIVE PRO STAND, the REVOSIM range and the XBOX Revolution X Unlimited controller had been delayed and would now be released in 2025. Nacon also said it planned to build a production plant for gaming accessories at Lauwin-Planque in France, which it said would be operational later in 2025.12,13,14
Nacon said its fourth-quarter release schedule would be slightly busier, with three games: the sports title Rugby25, the adventure Dragonkin on early access and the simulation Ambulance Life. It added that Test Drive Unlimited: Solar Crown already had more than 500,000 players. For 2024/25 as a whole, the company then expected a slight increase in sales and said operating income could decrease from the previous financial year, citing postponed games and delayed accessories launches.15,16,17
The release said Nacon then expected sales to show strong growth in the first half of 2025/26. It pointed to around 10 new games, with the main ones due to be revealed at the NACON Connect event on March 6, and to the arrival of the Nintendo Switch 2, for which it said it already had compatible games and a full range of accessories.18,19,20
Nacon's annual report for the year to Mar 31, 2025 later showed revenue of €167.95 million and operating income of €1.11 million, against €167.71 million and €20.88 million the year before.21,22,23,24
The AMF, France's financial markets regulator, listed the release under inside information, the heading for what a listed company publishes because it may move its share price. We hold the text of this release, 2 pages in English, and none of the documents it refers to.25,26,27,28
How each figure was checked
- title of the release as filedPRESS RELEASE: NACON: THIRD QUARTER 2024/25 SALES: €52.9 MILLION
- change in third-quarter sales against the same quarter a year earlier-10.3%AMF regulated information, Nacon press release of Jan 20, 2025 (English) ↗
- the AMF record of the release is datedJan 20, 2025
- the third-quarter and nine-month figures are marked unauditedAMF regulated information, Nacon press release of Jan 20, 2025 (English) ↗
- the period of the nine-month figuresnine months from 1 April 2024 to 31 December 2024AMF regulated information, Nacon press release of Jan 20, 2025 (English) ↗
- IFRS sales for the first nine months against the year before, in millions of euros per the table caption129.9 against 126.7 (table in € million), +2.5%AMF regulated information, Nacon press release of Jan 20, 2025 (English) ↗
- how Nacon heads its account of the quarterthird-quarter 2024/25AMF regulated information, Nacon press release of Jan 20, 2025 (English) ↗
- gaming sales in the third quarter€25.4 million, a decrease of 23.7%AMF regulated information, Nacon press release of Jan 20, 2025 (English) ↗
- sales of new games in the third quarter€9.8 million, down 52.9%AMF regulated information, Nacon press release of Jan 20, 2025 (English) ↗
- the releases of the quarter and of the year-earlier quarterone racing game released; the year-earlier period boosted by Robocop: Rogue City, Cricket 24: Official Game of The Ashes and Gangs of SherwoodAMF regulated information, Nacon press release of Jan 20, 2025 (English) ↗
- back catalogue sales in the third quarterup 24.5% to €15.6 millionAMF regulated information, Nacon press release of Jan 20, 2025 (English) ↗
- accessories sales in the third quartersales rose 5.3% to €25.2 million; RIG headsets and REVOLUTION 5 PRO controllers buoyant in the USA and AustraliaAMF regulated information, Nacon press release of Jan 20, 2025 (English) ↗
- accessories whose launch was delayedto be released in 2025AMF regulated information, Nacon press release of Jan 20, 2025 (English) ↗
- the planned accessories plantoperational later in 2025AMF regulated information, Nacon press release of Jan 20, 2025 (English) ↗
- games Nacon lists for the fourth quarterthree games: Rugby25 (Sport), Dragonkin on early access (Adventure), Ambulance Life (Simulation)AMF regulated information, Nacon press release of Jan 20, 2025 (English) ↗
- players of Test Drive Unlimited: Solar Crownmore than 500,000 playersAMF regulated information, Nacon press release of Jan 20, 2025 (English) ↗
- Nacon outlook for 2024/252024/25: a slight increase in sales, operating income could decreaseAMF regulated information, Nacon press release of Jan 20, 2025 (English) ↗
- Nacon outlook for the first half of 2025/262025/26AMF regulated information, Nacon press release of Jan 20, 2025 (English) ↗
- new games planned for 2025/26around 10 new games; NACON Connect event on 6 MarchAMF regulated information, Nacon press release of Jan 20, 2025 (English) ↗
- Nacon and the Nintendo Switch 2Nintendo Switch 2AMF regulated information, Nacon press release of Jan 20, 2025 (English) ↗
- Nacon revenue, year to Mar 31, 2025€167.95 million for the year from Apr 1, 2024 to Mar 31, 2025
- Nacon operating income, year to Mar 31, 2025€1.11 million for the year from Apr 1, 2024 to Mar 31, 2025
- Nacon revenue, year to Mar 31, 2024€167.71 million for the year from Apr 1, 2023 to Mar 31, 2024
- Nacon operating income, year to Mar 31, 2024€20.88 million for the year from Apr 1, 2023 to Mar 31, 2024
- the AMF files the release as inside informationInside information
- what our records hold of the releaseWe hold the text of this one AMF release, 4,749 characters on 2 pages, in English, as the issuer's distributor filed it, with its pictures, charts and page layout left out. We hold no other document it refers to (a presentation, an appendix filed apart, a page of the company's website) and no earlier or later version of it: a sentence about what the release does not say is about the text we hold.
- language of the release textEnglish
- length of the release2 pages
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The record
- Company
- Nacon (LEI 969500A4R8HLXMZQDT80)
- ISIN
- FR0013482791
- Filed as
- Informations privilégiées
- Title (English)
- PRESS RELEASE: NACON: THIRD QUARTER 2024/25 SALES: €52.9 MILLION
- Published
- Jan 20 · 17:14 UTC
- Title (French)
- COMMUNIQUE DE PRESSE: NACON: ACTIVITÉ DU 3ème TRIMESTRE 2024-2025 À 52,9 M€
- Published
- Jan 20 · 17:14 UTC
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