Report
Aurelien Sivignon

PulluP Entertainment : Record Q2 thanks to the performance of SP2

>Q2 2024-25 revenues quadruple - PulluP reported record Q2 2024-25 sales that beat our expectations. After Q1 sales fell 11%, activity increased in Q2 by a factor of 4.3x, reaching € 200m (vs € 158m est.) thanks to the excellent performance of Space Marine 2 (available since 9 September). Catalogue revenues (82% of Q2 revenues) have increased by a factor of 13 y-o-y to € 164m (vs € 133m est.), largely driven by SP2 sales, which totalled over 4.5m unique players so fa...
Underlying
Focus Home Interactive SA

Focus Home Interactive SA is France-based company principally engaged in the video games industry. The Company publishes interactive video games. The Company produces the catalogue, Focus, which publishes and distributes original titles, such as Blood Bowl, the strategy games Wargames, Sherlock Holmes, TrackMania, Runaway, Cities XL, Cycling Manager and Farming Simulator, among others. The Company has also games under development, such as The Technomancer, Act of Aggression, Vampyr, Call of Cthulhu, as well as several games based on Games Workshop Warhammer and Warhammer licenses: Blood Bowl 2, Space Hulk, Mordheim, and Battlefleet Gothic. The Company operates in France and overseas.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Aurelien Sivignon

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