Interim report
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REMEDYⓇ Remedy Entertainment Plc | Company announcement 09:00 am ( EEST ) 13 August 2021 HALF - YEAR REVIEW 1 January – 30 June 2021 ( unaudited ) Remedy drives growth with moves towards publishing and new games Strong financial position , new co - publishing and development agreement signed to expand Control . HIGHLIGHTS FROM APRIL - JUNE 2021 • Revenue 9 417 ( 9 125 ) thousand euros , change +3.2 % . • Operating profit ( EBIT ) 2 304 ( 2 086 ) thousand euros , 24.5 % ( 22.9 % ) of revenue . Remedy signed a co - publishing and development agreement with 505 Games for a multiplayer spin- off game of the award - winning Control . Collaboration terms for a future , bigger - budget Control- game were also agreed . HIGHLIGHTS FROM JANUARY - JUNE 2021 • Revenue 17 533 ( 16 970 ) thousand euros , change +3.3 % . • Operating profit ( EBIT ) 3 155 ( 3 161 ) thousand euros , 18.0 % ( 18.6 % ) of revenue . • • • Remedy signed a co - publishing and development agreement with 505 Games for a multiplayer spin- off game of the award - winning Control . Collaboration terms for a future , bigger - budget Control- game were also agreed . Remedy raised 41 500 thousand euros with a directed offering of new shares to a limited number of domestic and international institutional investors in an accelerated book - building process . Control Ultimate Edition was released on PlayStation 5 and Xbox Series X | S on 2 February . KEY FIGURES FAS , unaudited EUR thousand 4-6 / 2021 4-6 / 2020 1-6 / 2021 1-6 / 2020 1-12 / 2020 Revenue 9 417 9 125 Growth in revenue , % 3.2 % -1.1 % 17 533 3.3 % 16 970 41 086 23.0 % 29.8 % EBITDA 2 599 2 340 3 727 3 660 14 313 Operating profit ( EBIT ) 2 304 2 086 3 155 3 161 13 245 Operating profit , % of revenue 24.5 % 22.9 % 18.0 % 18.6 % 32.2 % Result for review period 1 774 1 607 1 647 2 500 10 337 Result for review period , % of 18.8 % 17.6 % 9.4 % 14.7 % 25.2 % revenue Balance sheet total 89 139 37 843 Cash flow from Operations -973 1 572 Net cash 56 901 13 081 89 139 3 024 56 901 37 843 48 355 1 163 13 081 11 806 20 016