Activity and results for the first half of 2025:
▪ Netgem's new offerings in cloud gaming and FAST channels demonstrate their ability to engage tier 1 operators and expand the Company's addressable market, in a context of shrinking TV subscriber bases for European operators.
▪ Thanks to these new services, Netgem increases its recurring revenue and gross margin rate, despite a decline in total revenue
▪ Solid financial position, strong expected increase in operating profit and free cash flow over the entire 2025 financial year
source (July 31, 2025):
https://www.netgem.com/en/investors/regulatory-press-releases
Outlook: Continuing ramp-up of growth drivers to support market transformation
Hence, the investments made by Netgem to create an offer of streaming video games3, which transforms the TV Box into a console and the mobile phone into a gamepad, has already won over Sonatel, a subsidiary of Orange present in West Africa4, JIO (India) and Telkom Indonesia. It is worth noting that these initial successes are due to operators outside Europe, contributing to the expansion of Netgem’s addressable market towards more dynamic geographies.
In Cloud Gaming, Netgem is also working on signing agreements with major game publishers, which will strengthen its catalog’s attractiveness. Similarly, the launch of free interactive channel packages financed by targeted advertising (FAST channels) aims to improve the economic competitiveness of telecom operator bundles and their attractiveness to an audience accustomed to YouTube-type content.
In the United Kingdom, Netgem is one of Everyone TV’s preferred partners and should benefit from the momentum of the launch of the new “FREELY” products5 with, as a result, an increase in its subscriber base and associated revenues. The acquisition of new operators is also expected in this strategic territory with several discussions currently being finalized. If these business prospects are encouraging, Netgem remains cautious about the development of its activity and anticipates a confirmation of first-half trends throughout 2025.
In terms of results, the Netgem Group remains fully confident in its ability to generate operating profit and free cash flow over the entire 2025 financial year that are significantly higher than in 2024.
* * *
Everyone TV runs the UK’s free-to-view TV platforms – FREELY, Freeview and Freesat.
Read more:
31.07.2025: Everyone TV – the organisation leading the evolution of free TV in the UK – today announces its expansion into streaming devices. FREELY, the free streaming platform backed by the BBC, ITV, Channel 4 and 5, will launch on Netgem devices later this year 2025, giving audiences the freedom to ‘plug-in and stream’ live and on demand TV all in one place.
https://netgem.co.uk/2025/07/31/freely-announces-move-into-streaming-devices/
" Netgem Group remains fully confident in its ability to generate operating profit and free cash flow over the entire 2025 financial year that are significantly higher than in 2024. "
RépondreSupprimer.Current operating profit
S2 2025: ?
S1 2025: 0.4 MEur
S2 2024: 1.4 MEur (2.1-0.7)
S1 2024: 0.7 MEur
.Operating profit
S2 2025: ?
S1 2025: 0.5 MEur
S2 2024: 1.6 MEur (2.4-0.8)
S1 2024: 0.8 MEur
(1 août 2025)
RépondreSupprimer"Sky and Virgin Media just got a free rival box that could convince you to ditch the monthly payments
=> Freely has finally moved onto streaming devices, at last!
To Read:
https://www.t3.com/entertainment/streaming/sky-and-virgin-media-just-got-a-free-rival-box-that-could-convince-you-to-ditch-the-monthly-payments
=> So, is it likely that Freely will make up nearly half of primary television sets in homes across the United Kingdom in 2033?
RépondreSupprimerAt the time of the Freely launch in April 2024, there were an estimated 28.73 million households in the United Kingdom. Of these, around 26.88 million, or 94%, were estimated to have a television.
Assuming no growth in population, which seems unlikely, for Freely to make up 48% of primary sets in 2033, would mean 12.90 million homes in the United Kingdom. Working backwards from that, with a 66% CAGR between 2024 and 2033, implies about 135,000 homes with Freely at end of 2024, or about 190,000 a year after launch. That is not a significant number of homes in television terms.
For the forecast to be correct, over 5 million Freely television sets would need to be sold in 2033.
source: https://informitv.com/2025/04/05/freely-television-sales-and-forecasts/
... voIlá, c'est pourquoi Freely a besoin de son expansion dans les appareils de streaming, et pourquoi a choisi NETGEM pour lancer les nouveaux appareils (streaming devices)!
RépondreSupprimer"(31.07.202)
Après un lancement réussi sur les nouveaux téléviseurs connectés en avril dernier, l'adoption des appareils de streaming rendra Freely accessible à encore plus de foyers britanniques, leur permettant de diffuser gratuitement les chaînes en direct des plus grands diffuseurs du pays, en un seul et même endroit.
Netgem, entreprise française de technologies de divertissement, est confirmée comme premier partenaire de Freely pour les appareils « plug-in and stream ». Elle permettra à Freely de fonctionner sur les téléviseurs non équipés de la plateforme, via un connecteur simple et abordable."
Source:
https://netgem.co.uk/2025/07/31/freely-announces-move-into-streaming-devices/
" Netgem Group remains fully confident in its ability to generate operating profit and free cash flow over the entire 2025 financial year that are significantly higher than in 2024. "
RépondreSupprimer.Current operating profit
S2 2025: ?
S1 2025: 0.4 MEur
S2 2024: 1.4 MEur (2.1 MEur on year 2024)
S1 2024: 0.7 MEur
S2 2023: 0.2 MEur
S1 2023: 0.2 MEur
.Operating profit
S2 2025: ?
S1 2025: 0.5 MEur
S2 2024: 1.6 MEur (2.4 MEur on year 2024)
S1 2024: 0.8 MEur
A retenir:
RépondreSupprimer 1) Les résultats du second semestre de l'année dernière, 2024, ont également largement compensé les faibles résultats du premier semestre de l'année concernée;
2) "En termes de résultats, le Groupe de NETGEM reste pleinement confiant dans sa capacité à générer, sur l'ensemble de l'exercice 2025, un résultat opérationnel et un cash-flow libre nettement supérieurs à ceux de 2024. " (source: Netgem au 31 juil 2025)
RépondreSupprimerLe contrat de Netgem pour la fourniture d'appareils de streaming à Freely (annoncé le 31 juillet 2025) renforcera considérablement la visibilité de Netgem auprès des investisseurs…
("Freely est la nouvelle solution pour la télévision gratuite. Pas besoin de parabole, pas de box, pas besoin d'antenne : il vous suffit d'une connexion Wi-Fi pour regarder vos émissions préférées en direct et à la demande.")
(7 août 2025)
RépondreSupprimer"Netgem a publié des résultas semestriels en repli. Sur la période, le chiffre d’affaires a reculé de 8 %, à 15,4 millions d’euros. Parallèlement, la marge brute s’est affaissée de 6 %, à 10,966 millions d’euros, tandis que l’Ebitda a diminué de 37 %, à 2,523 millions d’euros. Le résultat opérationnel courant a chuté de 52 %, à 0,351 million d’euros et le bénéfice a diminué de plus de moitié en s’installant à 415 millions d’euros.
=> La société pionnière des box télé a indiqué que les avancées sur les nouveaux relais de croissance ne se reflétaient pas encore dans l’activité du semestre" (le S1 2025).
Source: https://www.netgem.com/sites/default/files/netgem/fichiers/investisseurs/communiques-de-presse-reglementes/2025%2007%2031%20CP%20PR%20résultats%20S1%202025%20-%20Netgem%20-%20FR.pdf