Remedy Entertainment PLC (FRA:8P8)
€ 17.38 +0.080 (+0.46%) Market Cap: 236.20 Mil Enterprise Value: 224.44 Mil PE Ratio: 0 PB Ratio: 4.30 GF Score: 87/100

Q2 2026 Remedy Entertainment Oyj Earnings Call Transcript

Aug 11, 2026 / 09:00 AM GMT
Release Date Price: €15.22 (-5.58%)

Key Points

Positve
  • Control Resonant has generated over 1.5 million wishlists across platforms, with pre-orders tracking ahead of previous Remedy games.
  • The game is day one on all major platforms, a first for Remedy, and is the company's most localized product ever, helping to reach new markets.
  • Early media reception for Control Resonant has been highly positive, with outlets like Eurogamer and Polygon praising the game's quality and uniqueness.
  • The original Control game continues to perform well, growing year-on-year in Q2 2026 in its seventh year on the market, with over 6 million copies sold and 20 million lifetime players.
  • The company's new unannounced project has moved to production readiness, progressing faster than previous games due to better planning and staffing.
  • Remedy has successfully reduced external development costs by completing more work in-house, improving cost efficiency.
Negative
  • Q2 2026 revenue declined 40% year-on-year to EUR10.2 million, primarily due to the absence of FBC Firebreak launch accruals from the comparison period.
  • The company reported an operating loss of EUR3.9 million and negative EBITDA of EUR2.4 million, impacted by increased marketing spend for Control Resonant.
  • Operating cash flow was slightly negative at EUR0.7 million, driven by the low revenue level during the quarter.
  • Marketing expenses are expected to increase further in Q3, with the second half of the year projected to have significantly higher marketing costs than the first half.
  • FBC Firebreak, released a year ago, has seen a decline in game sales and royalties, contributing to the year-on-year revenue drop.
  • The company faces a highly competitive launch window in September, with many major titles releasing around the same time as Control Resonant.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

REMEDY.HE - Remedy Entertainment Oyj
Q2 2026 Remedy Entertainment Oyj Earnings Call
Aug 11, 2026 / 09:00AM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
CEO, Jean-Charles Cordesron and Renmini's CFO, Santo Caliampa.

The agenda for today, JC will guide us through the quarter's numbers and then we'll take a deeper look to the control resonant. We'll cover our marketing ramp-up during Q2, the sentiment, commercial indicators and the launch window positioning.

Then, as usual, we'll take a look at our games in the market as well as our development pipeline. Santo will then do a deeper dive on the financials and we'll end with the Q&A. Any questions you have already, feel free to leave those in the text box below the webcast. But without further ado, please, JC, the stage is yours.

--------------------------------------------------------------------
Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
7-Day Free Trial · Cancel Anytime
Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot