Duyuru • May 15
Don't Nod Entertainment S.A., Annual General Meeting, Jun 17, 2026 Don't Nod Entertainment S.A., Annual General Meeting, Jun 17, 2026. Location: 11 rue de cambrai, paris France New Risk • Apr 26
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: €43m Forecast net loss in 2 years: €2.8m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (29% average weekly change). Market cap is less than US$10m (€5.85m market cap, or US$6.85m). Minor Risk Currently unprofitable and not forecast to become profitable over next 2 years (€2.8m net loss in 2 years). Duyuru • Apr 25
Don't Nod Entertainment S.A. to Report Fiscal Year 2025 Results on Apr 23, 2026 Don't Nod Entertainment S.A. announced that they will report fiscal year 2025 results at 5:40 PM, Central European Standard Time on Apr 23, 2026 New Risk • Nov 21
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €8.53m (US$9.81m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Market cap is less than US$10m (€8.53m market cap, or US$9.81m). Minor Risks Less than 1 year of cash runway based on current free cash flow (-€26m). Currently unprofitable and not forecast to become profitable next year (€9.3m net loss next year). Board Change • Nov 14
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Julie Chalmette was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • May 06
Don't Nod Entertainment S.A., Annual General Meeting, Jun 10, 2025 Don't Nod Entertainment S.A., Annual General Meeting, Jun 10, 2025. Location: parc du pont de flandre, 11 rue de cambrai, paris France Board Change • Jan 23
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Julie Chalmette was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 06
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Julie Chalmette was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jun 11
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Samuel Jacques was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • May 08
Don't Nod Entertainment S.A., Annual General Meeting, Jun 11, 2024 Don't Nod Entertainment S.A., Annual General Meeting, Jun 11, 2024. Location: parc du pont de flandre le beauvaisis, 11 rue de cambrai, paris France Board Change • Apr 30
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Samuel Jacques was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Feb 21
Don't Nod Entertainment S.A. to Report Fiscal Year 2023 Results on Apr 17, 2024 Don't Nod Entertainment S.A. announced that they will report fiscal year 2023 results on Apr 17, 2024 Board Change • Jan 23
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Director Samuel Jacques was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 08
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Director Julien Bares was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Nov 07
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 45% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. High level of non-cash earnings (45% accrual ratio). Shareholders have been substantially diluted in the past year (55% increase in shares outstanding). Reported Earnings • Oct 18
First half 2023 earnings released First half 2023 results: Revenue: €16.5m (up 10% from 1H 2022). Net loss: €866.0k (down 152% from profit in 1H 2022). Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has fallen by 32% per year whereas the company’s share price has fallen by 31% per year. Valuation Update With 7 Day Price Move • Oct 12
Investor sentiment deteriorates as stock falls 26% After last week's 26% share price decline to €4.69, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 15x in the Entertainment industry in Europe. Total loss to shareholders of 67% over the past three years. Board Change • Sep 26
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Director Julien Bares was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Jul 06
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 59% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. High level of non-cash earnings (59% accrual ratio). Shareholders have been substantially diluted in the past year (55% increase in shares outstanding). Board Change • Jun 13
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Director Julien Bares was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. 