Diversified Business ModelNacon's dual revenue streams—game publishing/distribution plus branded gaming accessories—reduce reliance on any single title or product cycle. This breadth helps stabilize revenue across release slates and hardware cycles, enabling cross-selling and smoother cash flows over months.

High Gross MarginA gross margin above 60% indicates efficient cost of goods sold for both software and accessories, providing a meaningful buffer to absorb SG&A or R&D spending. Sustained gross margins support long-term profitability potential if operating expenses are controlled.

Moderate Leverage / Healthy Capital StructureA moderate debt-to-equity ratio suggests financial flexibility and manageable interest obligations, giving the company room to fund game development cycles, product launches or strategic moves without excessive refinancing risk. This balance supports multi-month strategic planning.

Bears Say

Revenue DeclineA recurring revenue decline signals weakening demand or a softer release pipeline. Sustained top-line contraction reduces scale benefits, pressures margins, and limits internal funding for new titles and accessories—hampering growth initiatives over the next several months.

Weak Cash GenerationDeclining free cash flow and OCF that doesn't fully cover net income indicate constrained internal funding. This limits the company's ability to finance development cycles, inventory and marketing organically and raises reliance on external funding or cost cuts in the medium term.

Negative Profitability And Margin DeteriorationNegative net margins and weakening operating margins point to persistent profitability challenges, reducing returns to shareholders and signaling inefficiencies or elevated operating costs. Without margin recovery, the company may struggle to convert revenue into sustainable profits.

4AW FAQ

What was Nacon SASU’s price range in the past 12 months?

Nacon SASU lowest stock price was €0.36 and its highest was €0.94 in the past 12 months.

What is Nacon SASU’s market cap?

Nacon SASU’s market cap is €42.46M.

When is Nacon SASU’s upcoming earnings report date?

Nacon SASU’s upcoming earnings report date is Jun 01, 2026 which is in 104 days.

How were Nacon SASU’s earnings last quarter?

Nacon SASU released its earnings results on Nov 24, 2025. The company reported €0 earnings per share for the quarter, the consensus estimate of N/A by €0.

Is Nacon SASU overvalued?

According to Wall Street analysts Nacon SASU’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Nacon SASU pay dividends?

Nacon SASU does not currently pay dividends.

What is Nacon SASU’s EPS estimate?

Nacon SASU’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Nacon SASU have?

Nacon SASU has 109,172,490 shares outstanding.

What happened to Nacon SASU’s price movement after its last earnings report?

Nacon SASU reported an EPS of €0 in its last earnings report, expectations of N/A. Following the earnings report the stock price went down -1.25%.

Which hedge fund is a major shareholder of Nacon SASU?

Currently, no hedge funds are holding shares in DE:4AW

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

Nacon SASU

Nacon S.A. designs and distributes gaming accessories in France and internationally. The company offers accessories, including headsets, microphones, controllers, racing wheels, gaming chairs, keyboards, mice, mats, audio accessories, and console accessories. It also develops and publishes video games in various categories, such as action-adventure, racing, sport, and simulation. The company was founded in 2019 and is based in Fretin, France. Nacon S.A. is a subsidiary of BigBen Interactive SA.