![]() ![]() The Group had to finance the acquisition of Daedalic Entertainment in April 2022 and took out €46.5 million of new medium-term bank loans to support its strategy. ![]() Net debt ended the year at €136.6 million, an increase of €82.9 million. ![]() Solid financial position reflecting major investments in the Gaming businessĪt 31 March 2023, Bigben had equity of €301.0 million and €65.2 million of cash and cash equivalents. Operating income was €2.5 million higher than in the previous year. Supported by a product mix geared towards premium brands, gross margin equalled 27.6% of sales, an improvement of over 10% relative to the previous year.Įbitda after IFRS 2 expense and non-recurring items was €6.5 million, up 75.7% year-on-year. The Audio/Video business saw sales rise by 6.7% to €30.6 million, due in particular to the integration of Metronic. Sales of mobile accessories rose by 6.2% to €96.8 million. Net income was €12.8 million or 8.2% of sales, as opposed to €10.0 million (6.4% of sales) in the previous year.īIGBEN – AUDIOVIDEO/TELCO posted sales of €127.5 million, up 6.4%. Operating income rose by 29.8% to €17.3 million, equal to 11.1% of sales. Operating expenses rose because of the large amount of development work underway, but also due to the full-year effect of acquisitions made in 2021/22 and that of Daedalic Entertainment in April 2022.Įbitda after IFRS 2 expense and non-recurring items was €48.9 million, up 25.5% year-on-year (€39.0 million in 2021/22), and equalled 31.4% of sales (25% in 2021/22). The improvement was due to the product mix, with Accessories making up a smaller proportion of sales (39% versus 62% in the previous year). It amounted to €92.1 million, equal to 59.1% of sales (49.9% in the previous year). Gross margin rose sharply (+18.4%) year-on-year. Overall, NACON’s sales totalled €156.0 million, stable compared with the previous year. The Accessories business saw sales fall 36.6% to €61.2 million, affected by the shortage of consoles that caused a sharp contraction in the global accessories market. Despite the release of several games being delayed, the Gaming business increased sales by 66.3% to €90.5 million. * Ebitda after IFRS 2 expense and non-recurring items. ![]() Net income was €13.0 million or 4.6% of sales, as opposed to €10.3 million (3.7% of sales) in the previous year. Gross margin was €127.0 million, driven by improvements in the product mix, and equalled 44.8% of revenue, an improvement of 5.2 points on the previous year.Įbitda after IFRS 2 expense and non-recurring items rose by 29.8% to €55.4 million (19.5% of sales). During the period, NACON’s sales totalled €156.0 million, stable year-on-year, while the Bigben – AudioVideo/Telco segment grew its sales by 6.4% to €127.5 million. The Bigben group generated €283.5 million of sales in 2022/23, an increase of 2.8% on the previous year. Recurring operating income before IFRS 2 expense relating to the bonus share plan STRONG, PROFITABLE GROWTH EXPECTED IN 2023/24, DUE IN PARTICULAR TO PROGRESS AT NACONīigben Interactive (ISIN FR0000074072) today announces its consolidated results for the 2022/23 financial year (from 1 April 2022 to 31 March 2023) as approved by its Board of Directors on. OPERATING INCOME: €19.8 MILLION, UP 48.3%. ![]()
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