Innelec records stable turnover in Q1 2025/26

Innelec announced revenue of €15.9 million for the first quarter of the 2025/26 financial year, a 2% increase compared to the previous year. This increase was mainly due to an improvement in the product mix. Sales of licensed merchandise increased by 47%, while sales of Konix video games and accessories increased by 23% and 17% respectively.

The company expects a gradual recovery in its operations for the remainder of the year. New video game launches and the popularity of pop culture are expected to support this momentum. Innelec is targeting a return to profitability in 2025-26 thanks to optimized cost management and a growing market.