Remedy Entmt Oyj (RMDEF) Q2 2026 Earnings Call

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WEBVTT 00:00:00.091 -- 00:00:05.774 CEO, Jean-Charles Gaudechon, and Remedy CFO, Santtu Kallionpaa. 00:00:05.836 -- 00:00:09.358 The agenda for today, JC will guide us through the quarter's numbers, and then we'll 00:00:09.358 -- 00:00:12.181 take a deeper look at the control resonant. 00:00:12.181 -- 00:00:17.185 We'll cover our marketing ramp-up during Q2, the sentiment, commercial indicators, and 00:00:17.185 -- 00:00:21.248 the launch window positioning. Then, as usual, we'll take a look at our games in the 00:00:21.248 -- 00:00:24.172 market, as well as our development pipeline. 00:00:24.172 -- 00:00:28.059 Santtu will then do a deeper dive on the financials and we'll end with a Q&A. 00:00:28.059 -- 00:00:32.346 Any questions you have already, feel free to leave those in the text box below the webcast. 00:00:32.346 -- 00:00:36.589 But without further ado, please JC, the stage is yours. 00:00:38.640 -- 00:00:42.122 Thank you Apo. Hello everyone. 00:00:43.265 -- 00:00:48.531 The headline numbers first. Revenue was 10.2 million euros this quarter, down 40% 00:00:48.531 -- 00:00:54.297 from the comparison period. EBITDA was minus 2.4 and EBITDA minus 00:00:54.297 -- 00:00:55.718 3.9. 00:00:55.718 -- 00:01:01.602 Operating cash flow slightly negative at negative 0.7 million euros. 00:01:01.604 -- 00:01:04.187 Two main factors explain this quarter's performance. 00:01:04.187 -- 00:01:09.272 First, the comparison quarter included the launch of FBC Firebreak with its initial 00:01:09.272 -- 00:01:14.357 subscription accruals. Second, marketing for Control Resonant ramped 00:01:14.357 -- 00:01:17.521 up during the quarter, reducing profitability 00:01:17.521 -- 00:01:19.841 as anticipated. 00:01:20.534 -- 00:01:23.496 So let's talk about this quarter was all about. 00:01...