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Pullup Entertainment Reports Second Best First-Half Earnings Despite Revenue Decline
Pullup Entertainment has reported its fiscal year 2025/26 first-half earnings, achieving the second best first-half results in its history with revenue reaching €132.6 million. Despite a 43% decline compared to the same period last year, the gaming company sees a promising future due to strong back catalogue performance and robust launches like Marvel Cosmic Invasion.
The company’s Adjusted EBIT stood at €14.2 million, while sustained performances from proprietary brands such as Train Sim World and Absolum signal successful in-house development. CEO Geoffroy Sardin cites Newzoo's revised forecasts, indicating video game market growth driven by the PC segment, as favorable for Pullup Entertainment, rich in AA and indie titles. Financial targets for the approaching years remain unchanged.
Despite challenges, Pullup increased its stake in CarPool Studio from 35% to 58.9%, further integrating skilled developers. The company anticipates growth with notable launches including John Carpenter’s Toxic Commando.
R. H.
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