Innelec Multimedia SA (FR:ALINN) has released an update.
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Innelec Multimedia SA has faced a challenging first half of the fiscal year 2024-25, with a reported net loss of €3 million due to a decline in the video games market and postponed game launches. Despite this, the company implemented cost-saving measures and anticipates a rebound in profitability by 2025-26, driven by the launch of new gaming consoles and blockbuster games. Innelec also plans to expand its market reach with a new e-commerce platform targeting hobby stores across France and Europe.
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