PARIS: Atari SA (Euronext Growth Paris: ALATA), the iconic video game company behind classics like Pong and Asteroids, posted a 63.7% surge in revenue for its fiscal year ending March 31, 2025, as its turnaround strategy gains momentum.
The company’s revenue climbed to €33.6 million ($36.4 million), driven by strong game sales and strategic acquisitions, including the Intellivision brand and Transport Tycoon. While net losses widened to €12.5 million due to non-cash adjustments, operating losses narrowed sharply to €3.9 million from €12.9 million a year earlier.
Key Growth Drivers
- Games segment revenue nearly doubled (+91%) to €27.5 million, fueled by new releases like The Thing: Remastered and Mighty Morphin Power Rangers: Rita’s Rewind.
- Atari+ expansion with the launch of the 7800+ retro console and new cartridges.
- Infogrames relaunch, adding Totally Reliable Delivery Service and Surgeon Simulator to its portfolio.
- Upcoming major releases, including Mortal Kombat: Legacy Kollection and Golden Tee Arcade Classics.
Financial Health & Outlook
Atari generated €8.8 million in positive operating cash flow, a sign of improving efficiency. The company expects $60 million in revenue for FY2026, targeting positive operating income.
CEO Wade Rosen said: “This year marks a pivotal step in our transformation. We’re scaling high-value IP, strengthening distribution, and moving toward profitability.”
Atari plans to repay €14 million in loans via a capital increase reserved for its largest shareholder, IRATA LLC, and is seeking $8 million in additional financing.