FOCUS ENTERTAINMENT announces growth of 12% in the fourth quarter

On April 18, 2024, FOCUS ENTERTAINMENT published the financial results for the fourth quarter of the 2023/24 financial year, with a turnover of 59 million euros, marking an increase of 12% compared to the same period of the 'last year. This increase was mainly due to the continued success of its back-catalogue, which generated €35.4 million, or 60% of total quarterly revenue. The company also benefited from the launches of new games such as "Banishers: Ghosts of New Eden" and "Expeditions: A MudRunner Game."

For the entire financial year, FOCUS ENTERTAINMENT displays an annual turnover of 187.3 million euros, where the back catalog represents 66% of annual revenues with 123.5 million euros. Despite a decline in sales of new releases, the group is confident about the future outlook thanks to several major projects planned and promising financial results, including an expectation of revenue growth and improved results for the 2024 financial year /25.