Atari's revenue rose 63% to €33.6 million in the year to Mar 31, 2025, with a net loss of €12.5 million

Written by Claude Sonnet 5.5, an AI model, from public records. Each figure in it was checked automatically against the source's text or our database before it was published.

Atari reported revenue of €33.6 million for the fiscal year ended Mar 31, 2025, up 63% on the year before, in results it published on Jul 9, 2025. At constant currency, the increase was 61%. The net loss was €12.5 million, against a loss of €10.0 million in the prior year. The company linked the larger loss to a higher cost of debt and interest on loans, and to a non-cash adjustment on estimated contingent liabilities.1^,2^,3^,4

The operating loss narrowed to €3.9 million from €12.9 million; the company said impairment charges on select games impacted it, partly offset by exceptional income received in relation to an agreement with a third party. A second measure the company reports, current operating loss, narrowed to €0.8 million from €7.0 million. Cash flow from operations was positive at €8.8 million for the full year. The board approved the accounts on Jul 8, 2025; the company said audit procedures had been carried out and the audit report would be issued once the procedures required to publish its annual financial report were finalised. The AMF, France's financial markets regulator, listed the release as inside information, the label for news a listed company must publish as soon as it can because it may move its share price.5^,6^,7^,2^,8^,9

Games revenue nearly doubled to €27.5 million, up 91%, which the company credited to new releases, back-catalog sales and new distribution channels, including partnerships with platforms such as Netflix. Hardware revenue was €4.0 million, down 4%, which the company attributed to restocking delays in the second half of the year, and licensing revenue was €2.1 million, up 3%. Among the year's releases the company named RollerCoaster Tycoon Classic on Switch, The Thing: Remastered, Tetris Forever and Mighty Morphin Power Rangers: Rita's Rewind. Among events after the year-end, the release listed the announcement of Mortal Kombat: Legacy Kollection, which incorporates Digital Eclipse's interactive documentary format, and of Golden Tee Arcade Classics.10^,11^,12^,13^,14^,15^,16

At the end of the year, total financial debt was €52.8 million, up from €38.9 million the year before, and equity was negative €1.8 million. The debt was made up of convertible bonds with a maturity in July 2026 and loans from IRATA LLC totalling €22 million; the release called IRATA Atari's reference shareholder. Atari said it intended to repay approximately €14 million of loans granted by IRATA LLC through a capital increase reserved to IRATA. As an illustration, the company said, at the Jul 8, 2025 closing price of €0.1610 a share, about 86 million new shares would be issued, leaving IRATA with around 40% of the capital and around 38% of the voting rights.17^,18^,19^,20^,21^,22

On Jul 9, 2025, Atari said it expected revenue of approximately $60 million for the fiscal year that was to end on March 31, 2026. It said activity was expected to be stronger in the second half of that year, as in the previous year, which would drive it towards positive current operating income and positive operating cash flow generation on a full-year basis. Chairman and chief executive Wade Rosen said the company expected to reach positive operating income in the 2025/26 fiscal year.1^,23^,24^,25^,26

We hold the text of this one release, 9 pages in English with its pictures, charts and page layout left out, and no document it refers to.27