Innelec Shows Resilience Amidst Market Challenges; Prepares for Growth in 2025-26

The latest update is out from Innelec Multimedia SA ( (FR:ALINN) ).

Innelec Multimedia SA reported a revenue of 96.5 million euros for the first nine months of the fiscal year 2024-25, with a 16% decline in the third quarter showing signs of recovery after significant drops in the first two quarters. Despite facing challenges such as low editorial activity and postponed game releases, Innelec managed to maintain steady sales in Konix products and saw an increase in console sales. The company has implemented cost reduction strategies to prepare for profitability in the 2025-26 fiscal year, expecting market growth driven by new console launches, major video game releases, and an expansion into e-commerce.

More about Innelec Multimedia SA

INNELEC is a specialist in entertainment and pop culture, focusing on three main activities: distribution in the video game sector, manufacturing accessories under the Konix brand, and managing licenses. The company is listed on Euronext Growth Paris.

YTD Price Performance: -0.99%

Average Trading Volume: 198

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €10.7M

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