Revenue from Control amounted to €34.4 million in the period while Bloodstained and Journey to the Savage Planet sales amounted to €11.8 million and €12.1 million respectively.showing a reduction of 37% compared to the previous fiscal year due to the effects of,€2.6 million compared to net debt of €16.2,Net debt decreased by €18.9 million compared to June 30., excluding the application of the IFRS 16, was €24.2 million., 2020, the parent company Digital Bros S.p.A. realized,financial results realized by the Group's subsidiaries which w,fiscal year, the Board of Directors proposes to the General Shareholders' Meeting,corresponding to a total consideration of €.Report on the Policy regarding Remuneration and Fees paid pursuant art. 154-bis of the Consolidated Finance Act, Digital Bros Group's financial reporting manager, Stefano Salbe, declares that the information contained in this press release corresponds to the Group's underlying documents, books and accounting records.This press release is available on the websites,Listed on the Star segment of Borsa Italiana, Digital Bros Group is a global company that has been operating since 1989 as a developer, publisher and distributor of game entertainment content,Consolidated statement of financial position at 30 June 2020,Equity attributable to minority shareholders,Other non-current payables and liabilities,Consolidated Income Statement at 30 June 2020,Changes in inventories of finished products,attributable to the shareholders of the Group,Net profit from continuing operations (1),Net profit from discontinued operations (2),Avg.
The game is built on Remedy’s proprietary Northlight.Listed on the Star segment of Borsa Italiana, Digital Bros Group is a global company that has been operating since 1989 as a developer, publisher and distributor of videogames through its brand 505 Games. Warner Bros. Games, a division of Warner Bros. Home Entertainment, Inc., is a premier worldwide publisher, developer, licensor and distributor of …
We also use third-party cookies that help us analyze and understand how you use this website. By using this website, you consent to our use of cookies. But opting out of some of these cookies may have an effect on your browsing experience.This website uses "Cookies" to tailor content, marketing and to improve and adjust user experience. The free time from work and school significantly impacted the demand for home entertainment and increased the revenue stream coming from digital distribution, improving the operating margins of the Group.Digital Bros Group's revenues and earnings by operating segments for the fiscal year 2019-2020 are as follows:Operating costs increased by €6.2 million due to higher marketing and advertising costs to support new videogames launches.and payroll costs. Such delays were more affecting larger development teams or in the last month.Thus, the Group had to postpone the launch of the PC version of the videogame Death Stranding by six weeks, initially planned in early June, and then released after the fiscal year closing, on July 14th, 2020.As regards to other development processes, the Group did not face any particular problems given that most of these projects are carried out by teams of a size which allow considerable efficiency even when working remotely.The digitalization of the market was accelerated by the inability of consumers to reach traditional stores. - hcq10522 This is an original press photo. The increase in operating costs has been proportionally lower than the increase in revenues.Non-monetary costs increased by €5.6 million mainly because of higher depreciation and amortization for €6.3 million due both to depreciation of the Group's intellectual properties and the application of the new IFRS 16 for €1.3 million. Digital Bros Group. You also have the option to opt-out of these cookies. PHOTO FRONT PHOTO BACK. The agreement includes a payment of 45% royalties on net sales.The new game, codenamed “Project 7” (P7) is a cinematic third person action game set in a new Remedy-created universe. Network to bring Human: Fall Flat on mobile to China,Ovosonico partners with 505 Games and moves to new offices,505 Games to publish Monster-raising RPG Re: Legend,The BoD approves the Draft Financial Statement at 30 June 2020,Digital Bros will publish worldwide the videogame Ghostrunner,The BoD approves the Interim Management Report at 31 March 2020,Interim Management Report for the nine months ended 31 March 2020,Half Year Financial Report at 31 December 2019,Separate Financial Stataments for the year ended 30 June 2019,Consolidated Financial Statements for the year ended 30 June 2019,Copyright © 2020 - Digital Bros S.p.A. - VAT Number: 09554160151.Necessary cookies are absolutely essential for the website to function properly. 21/04/2020. Digital Bros Group is active around the world through its own direct operations in Italy, the United States, the UK, France, Spain, Germany and China, with approximately 250 employees.Remedy Entertainment Ltd. is a globally successful console and PC game company founded in 1995 and based in Espoo, Finland. Photo is dated --1984.
The Board of Directors of Digital Bros Group approves the,Draft Financial Statements for the year ending 30 June 2020.Digital Bros Group's key consolidated results for the financial year 2019-2020, together with prior year comparatives, are as follows:The videogames Control, Indivisible and Journey to the Savage Planet were launched during the financial year.