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.
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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/
