Focus Home Interactive has published its annual results for the 2019-2020 financial year ended March 31, 2020. The least that can be said is that the lights are green with a profit up 64% compared to 2018-2019 fiscal year. The French publisher also clarified the nebulous situation of the next Farming Simulator and announced the purchase of the German studio Deck13. In this period of crisis, the group maintained its objectives, which reassured the financial markets at the opening of the Paris stock exchange today.
A new profitability record
The critical and commercial success of A Plague Tale: Innocence, which was released in the first quarter of 2019-2020, was therefore a good omen for the rest of the fiscal year. With a turnover of 142.8 million euros (+ 13% compared to the previous year) and an operating profit of 19.2 million euros (+ 36% compared to the financial year 2018 / 19), Focus Home Interactive manages to generate a sharp increase in profit (+ 64% compared to the previous year) amounting to 13 million euros. “We have demonstrated our ability to change dimension by transforming the superb games we have published into commercial successes.Said John Bert, director of operations for the company. “This was achieved thanks to our strategy of significant investments in order to improve the quality of our games“he adds.
In millions of euros
Fiscal year 2019/20
Fiscal year 2018/19
Variation
Turnover
142,8
126,0
+13 %
Operating income
19,2
14,4
+36 %
Net profit
13,0
8,0
+64 %
The remarkable increase in profits is partly explained by a loss related to exceptional results (non-recurring events that take place during a fiscal year), down 98% compared to that of the previous year, as well only by a good performance of the games. The company also notes an increase in consumption in digital format, dematerialized accounting for 82% of sales for the whole year, compared to 66% for the 2018-2019 financial year. The extended period of confinement may have something to do with it. The good students cited are, like those named during the first semester results, World War Z, Greedfall and A Plague Tale: Innocence.