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ANNUAL FINANCIAL REPORT – REGISTRATION DOCUMENT
190
RECENT DEVELOPMENTS
PRESS RELEASE OF JULY 24, 2009
REVENUE FOR THE FIRST QUARTER OF FISCAL YEAR 2009-2010
Atari announces 30.1% revenue growth to €54.5 million for the first quarter of fiscal year 2009-2010
(unaudited data)
Lyon – France, July 24, 2009 – Atari SA announces its consolidated first quarter revenues for fiscal
year 2009-2010 (ended June 30, 2009) with 30.1% growth year-on-year to €54.5 million (representing
16.2% growth at constant exchange rates). This solid performance was achieved mainly thanks to the
commercial success of two recent titles: Ghostbusters: The Video Game in the United States and The
Chronicles of Riddick: Assault on Dark Athena.
First quarter revenues analysis: 30.1% growth
Revenue breakdown by segment was as follows:
Q1
Q1
% growth at current
% growth at current
(€ millions)
2009-2010
2008-2009
exchange rate
exchange rate
(1)
(1)
US operations*
45.5
25.0
82.0%
58.7%
European publishing
operations
8.6
16.7
-48.5%
-48.5%
Other
0.4
0.1
N/A
N/A
Total
54.5
41.9
30.1%
16.2%
* primarily Atari Inc.
(1) 2008-2009 and 2009-2010 figures are under IFRS and have been restated under IFRS 5. The net
revenue of the Distribution Partners business, in the process of being disposed of as of June 30, 2009 is
accounted for in discontinued operations and is not included in revenues.
Revenue breakdown by platform was as follows:
2009-2010
2008-2009
Q1
Q1
Xbox 360
37.0%
38.5%
PS3
24.6%
12.1%
Wii
19.9%
14.9%
NDS
7.0%
4.1%
PC
8.1%
13.7%
PS2
3.1%
14.2%
PSP
0.2%
2.0%
Other
0.1%
0.5%
US Operations, primarily consisting of the US distribution business (Atari Inc.) and representing 83.5% of
consolidated revenues, drove growth with an 82% increase to €45.5 million, mainly thanks to the strong
success of this quarter‟s key releases: Ghostbusters: The Video Game and The Chronicles of Riddick:
Assault on Dark Athena. In addition, US strong performance was also driven by improvement of third-party
distribution revenues, which now represent approximately 33% of US Distribution revenues, mainly thanks to
the development of local distribution deals such as with ZOO Games and CDV Software Entertainment. In
addition, US operations revenue was driven by licensing operations, such as the deal signed with Sony
Europe to launch Ghostbusters: The Video Game exclusively on PlayStation in Europe.
European publishing operations, representing 15.7% of consolidated revenues, decreased by 48.5% as
the only major release in the period was The Chronicles of Riddick: Assault on Dark Athena, while the
previous year‟s quarter included numerous releases, including Alone in the Dark.
This performance in the first quarter is mainly due to a favorable game release schedule and should not be
extrapolated for the remainder of the year.