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PULLUP Entertainment's 2024/25 Financial Triumph and Debt Reduction
PULLUP Entertainment has reported a remarkable 112% increase in its adjusted EBITA for FY 2024/25, totaling €60.3 million, compared to its 2022/23 record. This financial achievement comes alongside a significant reduction in net debt to €70.1 million from the previous year's €132.6 million. The company's robust performance was driven by its diverse gaming portfolio, including popular titles like Warhammer 40,000: Space Marine 2 and Train Sim World 5.
Revenue for 2024/25 reached €390 million, a 108% rise from the previous year, largely boosted by strong new releases contributing €257.8 million. CEO Geoffroy Sardin emphasized their strategic positioning in the growing AA and independent games segment. CFO Aurélien Briand attributed their success to operational excellence.
Looking to 2025/26, PULLUP anticipates continued growth powered by Dotemu's offerings and an expanding back catalogue. Key launches such as Marvel Cosmic Invasion are set to bolster future financial outcomes.
R. P.
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