Earnings release
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FIRST QUARTER RESULTS : ✓ ✓ ✓ ✓ The Board of Directors of Digital Bros Group approves the First Quarterly Report 2021 ( first three months of fiscal year 2021 – 2022 ) ● ● Digital Bros digital entertainment PRESS RELEASE REVENUES AT € 25 MILLION " 1 BACK CATALOGUE REVENUES + 35 % 97 % OF REVENUES REALIZED ON INTERNATIONAL MARKETS 86 % OF REVENUES REALIZED ON DIGITAL MARKETPLACES EBIT AT € 4.5 MILLION , 18.1 % OF NET REVENUES NET PROFIT OF € 4 MILLION NET FINANCIAL POSITION POSITIVE OF € 32.4 MILLION BUSINESS OUTLOOK FOR THE FISCAL YEAR CONFIRMED POSITIVE September 30th Consolidated gross revenues of € 25 million , down by 35.8 % compared to € 38.9 million on September 30th , 2020 , when the launches of the best - selling games Death Stranding and the Steam version of Control occurred 97 % of revenues realized on international markets and 86 % on digital marketplaces Back catalogue revenues increased by 35 % EBITDA at € 7.8 million , compared to € 18.4 million on September 30th , 2020 EBIT of € 4.5 million , compared to € 10.4 million on September 30th , 2020 , 18.1 % of consolidated net revenues Profit before tax of € 5.8 million , compared to € 11 million on September 30th , 2020 Net profit of € 4 million , compared to € 7.9 million on September 30th , 2020 Positive net financial position of € 32.4 million ( € 37 million excluding the IFRS 16 effect ) The business outlook for the full fiscal year confirmed positive in sync with the outstanding financial results realized in the last fiscal year Rami Galante , Chairman and CEO of Digital Bros Group commented : " Today we present our first quarter results , which are not really comparable with the previous . Last year's revenues benefitted from the launch of Death Stranding , one of the best - selling videogames we have ever published , we also published the Steam version of Control . This fiscal year is back - ended in terms of revenues with the most highly anticipated launch scheduled for release in the second half of the year . This game will be the first of a pipeline of high - quality releases up to and beyond 2026 , strengthened by the investment plan already in place . Today we reiterate the full fiscal year business outlook previously communicated in sync with the outstanding revenues and margins realized last year .