![oggy and the cockroaches next gen oggy and the cockroaches next gen](https://memezila.com/wp-content/Me-forcing-my-friends-to-watch-the-show-or-movies-that-i-like-meme-68.png)
Net financial debt stood at €18.4 million (vs. Xilam had €8.7 million in cash on hand at June 30, 2021. As a reminder, Xilam's business model is built on a very high coverage of investments by pre-sales, so this figure is a relevant indicator for growth of the business. This correlates to a strong growth in demand fueled by streaming platforms and will contribute to revenues over the semesters. On the back of a very strong order book, the Group invested €16.7 million in the first half of the year, an unprecedented amount. Record levels of investment in production Xilam's net income for the first half of 2021 increased fourfold to €3.1 million, vs. The vast majority of these new productions are pre-sold to global SVOD platforms.įixed costs were held tightly under control. Sales in the first half of the year were mainly generated by new, proprietary content with traditionally higher margins. This striking improvement can be attributed to three factors: 13.6% at June 30, 2020), in a context of strong growth, driven primarily by new productions. Operating margin came in at 30.1% of sales, as at J(vs. Xilam's operating income stood at €4.1 million (vs. This aside, the Group expects a very strong increase in its catalogue revenues, which should cross a threshold from 2022. Total revenues and subsidies for the Group stood at €13.5 million at J(+37% vs H1 2020), up significantly thanks to record revenues from new productions, which increased +89% in the first half, generated by deliveries on Tales of Lupin, Oggy Oggy and Oggy and the Cockroaches Next Gen and more.Ĭatalogue sales for the half-year stood at €2.5 million, a decline due to seasonal effects. Strong sales growth supported by new productions (4) Variation compared to the publication of Jis explained in particular by the adjustment of development grants and by updates to calculation of the ATC. (3) Including the Audiovisual Tax Credit (ATC) (2) Excluding audiovisual tax credit (ATC)
![oggy and the cockroaches next gen oggy and the cockroaches next gen](https://tbivision.com/files/2020/09/Squish-Federation-Kids-Family-image-02-320x185.jpg)
(1) The auditors’ limited review of the interim financial reporting has been completed, and the interim financial report will be available on Xilam’s website by 30 September 2021 at the latest Other grants and current operating income (3) Total revenues from new productions and development