EBITDA Margin StrengthA 23.5% EBITDA margin indicates the core business generates meaningful operating cash profit despite other headwinds. This durable operational profitability provides a cushion to fund product development, absorb cyclical revenue swings, and underpins medium-term reinvestment capacity and covenant resilience.
Diversified Revenue StreamsMultiple revenue channels—publishing, third-party distribution, mobile titles, peripherals and licensing—reduce dependence on any single product cycle. This structural diversification smooths cash flows over console cycles, supports cross-selling, and gives several levers to drive sustainable revenue recovery over months.
High Gross MarginA gross margin above 50% signals persistent pricing power or low variable cost for core products. High gross margins provide strategic flexibility to invest in marketing and R&D, absorb promotional pressure, and maintain product-level profitability while management executes longer-term turnaround initiatives.