DONTNOD ENTERTAINMENT: 2021 Activity: Excellent performance of back catalog and building a solid portfolio of assets

  • Record levels of royalties are up 52% ​​to € 5.7 million.
  • Capital production increased by + 61%
  • Eight projects under development in 2022

April 7, 2022. DONTNOD Entertainment, an independent French studio that creates, develops and publishes video games, publishes the studio’s Economic Operating Revenue (PEE) for the 2021 fiscal year.

Data currently being audited – € m 2021 2020 change
turn over 10.5 13.5 -twenty two%
– Includes publisher royalties 4.8 9.7 -51%
– Including royalties 5.7 3.8 3.8 + 52%
Fixed production[1] 16.2 10.1. + 61%
Economic operating profit (EEP)[2] 26.7 23.6 + 13%

Record-level royalties and eight production lines in progress

DONTNOD Entertainment recorded a 13% increase in economic operating profit (PEE) compared to 2020 in fiscal year 2021 to reach € 26.7 million.

The Publisher’s royaltiesIn 2021, it was down 51% to € 4.8 million, which is in perfect agreement with the strategy for co-production and vanity press. This allows the group to gain more value from the original work while preserving the entire intellectual property. A framework for self-funded publishing.

The Usage fee It has reached a record level of 5.7 million euros. That is + 52% growth, Vampire, Has sold over 2 million copies worldwide since June 2018. This collaboration, fully amortized on December 31, 2021, constitutes the studio’s greatest financial success so far. LIFE IS STRANGE 1.. Twin mirrorWas released in December 2021 and, thanks to the minimum guarantee amount, also contributes to the royalties for the 2021 fiscal year.

Lastly, Fixed production Five fully self-published projects (four developed in a studio in Paris and one developed in Montreal), a new collaboration with FOCUS Entertainment (Project 8), up 61% to € 16.2 million. ) Shows an increase.Not just games Gerda: Winter flamesCo-produced with PortaPlay Studio.

Economic EBITDA given the performance of annual economic operating profit[3] Improvements are expected in 2021, reflecting the solidity of the economic model.

As announced (see the February 23, 2022 press release), the company has decided to depreciate all development costs that are still capitalized as of December 31, 2021. Twin mirrorThere are accounting implications of € 4.4 million. Economic EBIT, except for this exceptional depreciation[4] Be positive by managing operating expenses and generating the expected economic income for the rest of your portfolio.

Build a strong asset portfolio

In line with our ambition to achieve profitable growth over the long term, DONTNOD continues to build a strong portfolio of assets with eight intellectual properties:

  • In-house development of 6 video gamesOf which:
    • Five self-funded publishing projects (Projects 7, 9, 10, 11 and M1 projects developed in Montreal).
    • Launch of Project 8 development with focus entertainment integrated into a new production line dedicated to the buoyant action RPG segment.
  • Editing two third-party studio projects It was developed in the form of a co-production in which DONTNOD holds most of the rights.
    • Gerda: Winter flamesDeveloped by PortaPlay studio, will be released in 2022.
    • The next game from Studio Trimmer.

At the same time, DONTNOD will develop a new production chain in Montreal that specializes in narrative adventure games. Life is Strange.. The studio will also increase its production capacity in the vibrant action RPG segment through the launch of new projects.

In this way, the studio concentrates its production capabilities on vanity press and co-production, which allows it to retain most of the project’s intellectual property and loyalty.

Next announcement: 2021 annual results on Wednesday, April 27, 2022 (after the closure of the Euronext Paris market).

About DONTNOD Entertainment

DONTNOD is an independent French publisher and developer based in Paris and Montreal and the creator of the original story game in the adventure genre (LIFE is STRANGE).TMPlease tell me whyTMTwin mirrorTM), RPG (VAMPYR)TM) And action (REMEMBER ME)TM). The studio is internationally recognized for its unique narrative experience featuring powerful stories and engaging characters, with leading industry publishers such as Square Enix, Microsoft, Bandai Namco Entertainment, Focus Entertainment and Capcom. I have cooperated. DONTNOD is currently aiming to create and publish its own intellectual property.
The editorial vision is developed in-house and shares knowledge and experience to work with third-party developers whose editorial vision resonates with the company’s vision.

Enter the immersive and innovative world of the studio on the website

DONTNOD (ISIN code: FR0013331212 – ALDNE) is listed in Euronext Growth Paris

DONTNOD Entertainment
Chairman and Chief Executive Officer

Management and Finance Officer
Investment @

News Finance & Communication
Analyst / Investor Relationship
phone. : 01 53 67 36 77 – [email protected]

Ann-Catherine Hello
Public relations
phone. : 01 53 67 36 93 – [email protected]

[1] Costs incurred before the release of co-production and vanity press games

[2] Sales + capitalized production

[3] Operating profit + reserve after depreciation and cancellation + video game tax credit

[4] Operating profit + CIJV + CTMM (video game tax credit)

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