{"success":true,"data":{"pressRelease":{"id":"155765","rtpr_id":"nBw376s2Ka-20260929","ticker":"ALXIL","exchange":"Euronext Paris","all_tickers":["ALXIL"],"title":"Xilam Animation: First-Half 2026 Results","author":"Business Wire","published_at":"2026-09-29T15:45:00.155Z","article_body":"Xilam Animation: First-Half 2026 Results\n\nSignificant improvement in operating income\n\nStrong growth in proprietary production activity\n\nSolid balance sheet\n\nTheatrical release of animated feature Lucy Lost on October 28, a key\nmilestone in Xilam’s feature film strategy\n\nAccelerating deliveries of proprietary series over the coming reporting\nperiods\n\nRegulatory News:\n\nXilam Animation (Paris:ALXIL), Academy Award®-nominated French animation\nstudio, announces its financial results for the first half of 2026, reviewed\nby the Board of Directors at its meeting on 28 September 2026 chaired by Marc\ndu Pontavice.\n\nMarc du Pontavice, Chairman and CEO of Xilam, comments: “The first half saw\na significant improvement in our results, demonstrating the Group’s ability\nto maintain tight cost control as it returns to growth and focuses on\nexecuting its proprietary content strategy, which is expected to put the\nCompany back on a path to profitability from 2027. The second half will be\nmarked by the theatrical release of Lucy Lost, laying the foundation for the\nGroup’s expansion into animated feature films, a highly complementary\nsegment to the successful franchises we have built in animated series. Xilam\nregains strong momentum, driven by its strategic agility and the consistently\nhigh quality and creativity of its content.”\n Unaudited consolidated income statements (‘000 euros)    30.06.2026  30.06.2025  % variation  \n Sales of new productions and developments                2,692       1,996       +35%         \n Catalogue sales                                          3,077       2,212       +39%         \n Total sales                                              5,769       4,207       +37%         \n Grants                                                   1,355       1,446       -6%          \n Total sales and grants                                   7,124       5,654       +26%         \n Other current operating revenue (including ATC(1))       627         397         +58%         \n Total operating revenue                                  7,751       6,051       +28%         \n Operating expenses                                       (8,678)     (8,469)                  \n Current operating income                                 (912)       (2,418)     ns           \n % total sales and grants                                 ns          ns                       \n Operating income                                         (1,083)     (2,419)     ns           \n Financial income and expenses                            (111)       (59)        ns           \n Income                                                   (14)        (2)         ns           \n Group consolidated net income                            (1,208)     (2,480)     ns           \n % total sales and grants                                 ns          ns                       \n Net income attributable to the group                     (996)       (2,533)     ns           \n (1) Estimated audiovisual tax credit (ATC)                                                    \n\n\nStrong first-half total sales growth of +37%\n\nTotal sales for the first half of 2026 amounted to €5.8 million, up 37%,\nreflecting the success of the Group’s strategy to refocus on proprietary\nproductions.\n\n\n * Sales of new productions and developments increased by 35%, with proprietary\nproductions accounting for more than 95% of revenue, primarily driven by the\ndelivery of the final instalments of the new series Submarine Jim.\n\n * Catalogue sales increased by 39%, driven by Zig & Sharko following the\nannouncement that Seasons 5 and 6 had entered production, as well as sales of\nthe successful new series Piggy Builders.\n\nIncluding grants and other current operating income, total operating revenue\namounted to €7.8 million, up 28%.\n\nCurrent operating income approaching break-even\n\nCurrent operating income amounted to -€0.9 million, compared with -€2.4\nmillion in the first half of 2025.\n\nThis significant improvement reflects both the Group’s continued tight\ncontrol of fixed costs and the ramp-up in deliveries of proprietary\nproductions, notably Submarine Jim, which has achieved strong international\nsales, as well as higher catalogue sales.\n\nNet income, Group share, improves by €1.5 million\n\nNet financial expense remained very limited at €0.1 million, reflecting\nXilam’s solid balance sheet structure. In addition, the cost of\nself-liquidating debt used to finance proprietary productions is capitalised\nas part of production costs.\n\nAfter accounting for minority interests, net income attributable to the Group\namounted to -€1.0 million.\n\nSolid financial structure to support growth\n\nCash remained at a strong level of €3.3 million as of June 30, 2026.\n Unaudited data (‘000 euros)                     30.06.2026  31.12.2025  \n Cash and cash equivalent                        3 313       4,509       \n Corporate financial liabilities ((1))           (2 888)     (3,186)     \n Net cash                                        425         1,323       \n Self-liquidating financial liabilities          (11 158)    (4,863)     \n Net financial debt                              (10 733)    (3,540)     \n (1) Non-self liquidating financial liabilities                          \n\n\n\n * The Group maintained a strong level of available cash while continuing to make\nsignificant investments to support growth. Net cash, excluding\nself-liquidating financing, stood at €0.4 million, with corporate financial\ndebt remaining well controlled at €2.9 million.\n\n * Self-liquidating debt amounted to €11.2 million, reflecting the Group’s\nstrong renewed investment in proprietary productions. This financing model is\ndesigned to fund the working capital requirements associated with production\nand operates in a similar way to factoring, with banks being repaid directly\nby customers as proprietary series are delivered.\n\nTheatrical release of Lucy Lost on October 28 and ramp-up in proprietary\nproduction deliveries\n\nRevenue and profitability are expected to improve in the second half compared\nwith the first half, notably driven by the delivery of Lucy Lost, the final\nepisodes of Submarine Jim, and catalogue sales.\n\nThe theatrical release of animated feature Lucy Lost, scheduled for October\n28, 2026, will be a key highlight of the second half. It will mark an\nimportant milestone in the Group’s strategy to release one feature film per\nyear, alternating between films for family and adult audiences.\n\nSupported by this strategy and the delivery of numerous proprietary series\nover the coming reporting periods, Xilam is returning to strong revenue growth\nover the 2026-2028 period, alongside a significant improvement in operating\nprofitability.\n\nXilam thus confirms the strength of its brand, the creativity of its talent\nand the relevance of its strategic vision, positioning the Group at the heart\nof the global animation industry.\n\nAbout Xilam\n\nA major player in animation, Xilam is an integrated studio founded in 1999\nthat creates, produces and distributes original programmes in more than 190\ncountries for both children and adult audiences. These series and films are\ndistributed across television, cinemas and SVOD streaming platforms including\nNetflix, Disney+, Amazon, Universal+ as well as AVOD streaming platforms\nincluding YouTube and Facebook. Xilam also launched TOON BOX, its brand new,\nkids safe, ad-free streaming platform. With its creativity and capacity for\ninnovation recognised worldwide as well as editorial and commercial expertise\nat the cutting edge of its industry, Xilam is positioned as a key player of\nthe market.\n\nEach year, Xilam builds real successes and capitalises on its powerful\nhistorical brands including Oggy and the Cockroaches, Zig & Sharko and\nChicky, as well as new properties such as Piggy Builders and Submarine Jim.\nFollowing the success of the Oscar-nominated feature film I Lost My Body,\nXilam Films is pursuing its feature film strategy with Lucy Lost, which was\nselected for the Official Selection at the Cannes and Annecy festivals, and\nThe Wolf, scheduled for delivery in 2027. Xilam’s strong and expanding\ncatalogue comprises more than 3,000 episodes and several feature films. Xilam\nemploys over 450 people across its studios in Paris, Angoulême and Ho Chi\nMinh City, Vietnam.\n\nXilam is listed on Euronext Growth Paris - PEA – PME Eligibility\n\nISIN : FR0004034072, Symbol : ALXIL\n\nFor more information : www.xilam.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.xilam.com&esheet=54612813&newsitemid=20260929698896&lan=en-US&anchor=www.xilam.com&index=1&md5=fb388baccb64892457ff1c3478d3e6f5)\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260929698896/en/\n(https://www.businesswire.com/news/home/20260929698896/en/)\n\nMarc du Pontavice – Chairman and CEO\n\nCécile Haimet - CFO\n\nTél. +33 1 40 18 72 00\n\nAgence Image Sept\n\nxilam@image7.fr \n(mailto:xilam@image7.fr) \nKarine Allouis (Media Relations) - Tél. +33 1 53 70 74 81\n\nLaurent Poinsot (Investor Relations) - Tél. +33 1 53 70 74 77\n\n\nCopyright Business Wire 2026","article_body_html":"","raw_payload":{"data":{"id":"nBw376s2Ka-20260929","title":"Xilam Animation: First-Half 2026 Results","author":"Business Wire","ticker":"ALXIL","created":"2026-09-29T15:45:00.155Z","tickers":["ALXIL"],"exchange":"Euronext Paris","article_body":"Xilam Animation: First-Half 2026 Results\n\nSignificant improvement in operating income\n\nStrong growth in proprietary production activity\n\nSolid balance sheet\n\nTheatrical release of animated feature Lucy Lost on October 28, a key\nmilestone in Xilam’s feature film strategy\n\nAccelerating deliveries of proprietary series over the coming reporting\nperiods\n\nRegulatory News:\n\nXilam Animation (Paris:ALXIL), Academy Award®-nominated French animation\nstudio, announces its financial results for the first half of 2026, reviewed\nby the Board of Directors at its meeting on 28 September 2026 chaired by Marc\ndu Pontavice.\n\nMarc du Pontavice, Chairman and CEO of Xilam, comments: “The first half saw\na significant improvement in our results, demonstrating the Group’s ability\nto maintain tight cost control as it returns to growth and focuses on\nexecuting its proprietary content strategy, which is expected to put the\nCompany back on a path to profitability from 2027. The second half will be\nmarked by the theatrical release of Lucy Lost, laying the foundation for the\nGroup’s expansion into animated feature films, a highly complementary\nsegment to the successful franchises we have built in animated series. Xilam\nregains strong momentum, driven by its strategic agility and the consistently\nhigh quality and creativity of its content.”\n Unaudited consolidated income statements (‘000 euros)    30.06.2026  30.06.2025  % variation  \n Sales of new productions and developments                2,692       1,996       +35%         \n Catalogue sales                                          3,077       2,212       +39%         \n Total sales                                              5,769       4,207       +37%         \n Grants                                                   1,355       1,446       -6%          \n Total sales and grants                                   7,124       5,654       +26%         \n Other current operating revenue (including ATC(1))       627         397         +58%         \n Total operating revenue                                  7,751       6,051       +28%         \n Operating expenses                                       (8,678)     (8,469)                  \n Current operating income                                 (912)       (2,418)     ns           \n % total sales and grants                                 ns          ns                       \n Operating income                                         (1,083)     (2,419)     ns           \n Financial income and expenses                            (111)       (59)        ns           \n Income                                                   (14)        (2)         ns           \n Group consolidated net income                            (1,208)     (2,480)     ns           \n % total sales and grants                                 ns          ns                       \n Net income attributable to the group                     (996)       (2,533)     ns           \n (1) Estimated audiovisual tax credit (ATC)                                                    \n\n\nStrong first-half total sales growth of +37%\n\nTotal sales for the first half of 2026 amounted to €5.8 million, up 37%,\nreflecting the success of the Group’s strategy to refocus on proprietary\nproductions.\n\n\n * Sales of new productions and developments increased by 35%, with proprietary\nproductions accounting for more than 95% of revenue, primarily driven by the\ndelivery of the final instalments of the new series Submarine Jim.\n\n * Catalogue sales increased by 39%, driven by Zig & Sharko following the\nannouncement that Seasons 5 and 6 had entered production, as well as sales of\nthe successful new series Piggy Builders.\n\nIncluding grants and other current operating income, total operating revenue\namounted to €7.8 million, up 28%.\n\nCurrent operating income approaching break-even\n\nCurrent operating income amounted to -€0.9 million, compared with -€2.4\nmillion in the first half of 2025.\n\nThis significant improvement reflects both the Group’s continued tight\ncontrol of fixed costs and the ramp-up in deliveries of proprietary\nproductions, notably Submarine Jim, which has achieved strong international\nsales, as well as higher catalogue sales.\n\nNet income, Group share, improves by €1.5 million\n\nNet financial expense remained very limited at €0.1 million, reflecting\nXilam’s solid balance sheet structure. In addition, the cost of\nself-liquidating debt used to finance proprietary productions is capitalised\nas part of production costs.\n\nAfter accounting for minority interests, net income attributable to the Group\namounted to -€1.0 million.\n\nSolid financial structure to support growth\n\nCash remained at a strong level of €3.3 million as of June 30, 2026.\n Unaudited data (‘000 euros)                     30.06.2026  31.12.2025  \n Cash and cash equivalent                        3 313       4,509       \n Corporate financial liabilities ((1))           (2 888)     (3,186)     \n Net cash                                        425         1,323       \n Self-liquidating financial liabilities          (11 158)    (4,863)     \n Net financial debt                              (10 733)    (3,540)     \n (1) Non-self liquidating financial liabilities                          \n\n\n\n * The Group maintained a strong level of available cash while continuing to make\nsignificant investments to support growth. Net cash, excluding\nself-liquidating financing, stood at €0.4 million, with corporate financial\ndebt remaining well controlled at €2.9 million.\n\n * Self-liquidating debt amounted to €11.2 million, reflecting the Group’s\nstrong renewed investment in proprietary productions. This financing model is\ndesigned to fund the working capital requirements associated with production\nand operates in a similar way to factoring, with banks being repaid directly\nby customers as proprietary series are delivered.\n\nTheatrical release of Lucy Lost on October 28 and ramp-up in proprietary\nproduction deliveries\n\nRevenue and profitability are expected to improve in the second half compared\nwith the first half, notably driven by the delivery of Lucy Lost, the final\nepisodes of Submarine Jim, and catalogue sales.\n\nThe theatrical release of animated feature Lucy Lost, scheduled for October\n28, 2026, will be a key highlight of the second half. It will mark an\nimportant milestone in the Group’s strategy to release one feature film per\nyear, alternating between films for family and adult audiences.\n\nSupported by this strategy and the delivery of numerous proprietary series\nover the coming reporting periods, Xilam is returning to strong revenue growth\nover the 2026-2028 period, alongside a significant improvement in operating\nprofitability.\n\nXilam thus confirms the strength of its brand, the creativity of its talent\nand the relevance of its strategic vision, positioning the Group at the heart\nof the global animation industry.\n\nAbout Xilam\n\nA major player in animation, Xilam is an integrated studio founded in 1999\nthat creates, produces and distributes original programmes in more than 190\ncountries for both children and adult audiences. These series and films are\ndistributed across television, cinemas and SVOD streaming platforms including\nNetflix, Disney+, Amazon, Universal+ as well as AVOD streaming platforms\nincluding YouTube and Facebook. Xilam also launched TOON BOX, its brand new,\nkids safe, ad-free streaming platform. With its creativity and capacity for\ninnovation recognised worldwide as well as editorial and commercial expertise\nat the cutting edge of its industry, Xilam is positioned as a key player of\nthe market.\n\nEach year, Xilam builds real successes and capitalises on its powerful\nhistorical brands including Oggy and the Cockroaches, Zig & Sharko and\nChicky, as well as new properties such as Piggy Builders and Submarine Jim.\nFollowing the success of the Oscar-nominated feature film I Lost My Body,\nXilam Films is pursuing its feature film strategy with Lucy Lost, which was\nselected for the Official Selection at the Cannes and Annecy festivals, and\nThe Wolf, scheduled for delivery in 2027. Xilam’s strong and expanding\ncatalogue comprises more than 3,000 episodes and several feature films. Xilam\nemploys over 450 people across its studios in Paris, Angoulême and Ho Chi\nMinh City, Vietnam.\n\nXilam is listed on Euronext Growth Paris - PEA – PME Eligibility\n\nISIN : FR0004034072, Symbol : ALXIL\n\nFor more information : www.xilam.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.xilam.com&esheet=54612813&newsitemid=20260929698896&lan=en-US&anchor=www.xilam.com&index=1&md5=fb388baccb64892457ff1c3478d3e6f5)\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260929698896/en/\n(https://www.businesswire.com/news/home/20260929698896/en/)\n\nMarc du Pontavice – Chairman and CEO\n\nCécile Haimet - CFO\n\nTél. +33 1 40 18 72 00\n\nAgence Image Sept\n\nxilam@image7.fr \n(mailto:xilam@image7.fr) \nKarine Allouis (Media Relations) - Tél. +33 1 53 70 74 81\n\nLaurent Poinsot (Investor Relations) - Tél. +33 1 53 70 74 77\n\n\nCopyright Business Wire 2026"},"type":"article","timestamp":"2026-09-29T15:45:00.208749964Z","server_sent_at_ms":1790696700208},"received_at":"2026-09-29T15:45:00.262Z","source_url":"https://www.businesswire.com/news/home/20260929698896/en/"},"analysis":{"id":"144487","press_release_id":"155765","analysis_json":{"industry":{"label":"Entertainment","sector":"Communication Services"},"redFlags":["company remains loss-making (net income -€1.0M Group share in H1 2026)","self-liquidating debt more than doubled to €11.2M, reflecting heavier production financing reliance","profitability target of 2027 remains forward-looking and unproven"],"eventType":"earnings","narrative":"Xilam Animation reported H1 2026 total sales of €5.8 million, up 37% year-over-year, with proprietary productions driving more than 95% of production revenue.\n\nCurrent operating loss narrowed to -€0.9 million from -€2.4 million a year earlier, and net loss attributable to the Group improved by €1.5 million to -€1.0 million.\n\nCash stood at €3.3 million with corporate debt well controlled at €2.9 million, though self-liquidating production financing rose to €11.2 million.\n\nThe theatrical release of animated feature Lucy Lost on October 28 is positioned as the key second-half catalyst, with management targeting a return to profitability from 2027.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"H1 loss halves on 37% sales growth ahead of Lucy Lost theatrical debut — feature-film strategy is the profitability swing factor."},"keyFigures":{"revenue":5769000,"revenueYoy":"37%","customDimensions":{"total_sales_grants":"€7.1M (+26%)","catalogue_sales_growth":"39%","total_operating_revenue":"€7.8M (+28%)","net_cash_ex_self_liquidating":425000,"proprietary_production_share":">95% of production revenue"}},"quotedText":"the Group’s ability to maintain tight cost control as it returns to growth and focuses on executing its proprietary content strategy, which is expected to put the Company back on a path to profitability from 2027","namedEntities":{"people":[{"name":"Marc du Pontavice","role":"Chairman and CEO"},{"name":"Cécile Haimet","role":"CFO"}],"products":["Lucy Lost","Submarine Jim","Zig & Sharko","Piggy Builders","Oggy and the Cockroaches","I Lost My Body","The Wolf","TOON BOX"],"companies":[{"name":"Xilam Animation","ticker":"ALXIL","relationship":"filer"},{"name":"Netflix","relationship":"distribution platform"},{"name":"Disney+","relationship":"distribution platform"},{"name":"Amazon","relationship":"distribution platform"}],"dollarAmounts":[{"amount":"€5.8 million","context":"H1 2026 total sales"},{"amount":"€7.8 million","context":"H1 2026 total operating revenue"},{"amount":"-€0.9 million","context":"current operating income"},{"amount":"-€1.0 million","context":"net income attributable to the Group"},{"amount":"€3.3 million","context":"cash as of June 30, 2026"},{"amount":"€11.2 million","context":"self-liquidating production financing debt"}]},"materialImpact":{"score":3,"reasoning":"First-half results show 37% sales growth, operating loss narrowing from -€2.4M to -€0.9M, and net loss improving by €1.5M, with a path to profitability targeted for 2027. Still loss-making, so not a 4-5 event, but materially positive for a small-cap studio."},"tickerRelevance":{"others":[],"primary":"ALXIL"},"globalImportance":22,"audienceRelevance":15,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"small-cap (Euronext Growth Paris)","eventGravity":"semi-annual earnings with improving trajectory","householdBrandBoost":"modest — known animation brands but niche investor audience","profitabilityStatus":"still loss-making, improving"}},"event_type":"earnings","event_type_secondary":null,"sentiment":"bullish","material_impact_score":3,"narrative":"Xilam Animation reported H1 2026 total sales of €5.8 million, up 37% year-over-year, with proprietary productions driving more than 95% of production revenue.\n\nCurrent operating loss narrowed to -€0.9 million from -€2.4 million a year earlier, and net loss attributable to the Group improved by €1.5 million to -€1.0 million.\n\nCash stood at €3.3 million with corporate debt well controlled at €2.9 million, though self-liquidating production financing rose to €11.2 million.\n\nThe theatrical release of animated feature Lucy Lost on October 28 is positioned as the key second-half catalyst, with management targeting a return to profitability from 2027.","key_figures":{"revenue":5769000,"revenueYoy":"37%","customDimensions":{"total_sales_grants":"€7.1M (+26%)","catalogue_sales_growth":"39%","total_operating_revenue":"€7.8M (+28%)","net_cash_ex_self_liquidating":425000,"proprietary_production_share":">95% of production revenue"}},"named_entities":{"people":[{"name":"Marc du Pontavice","role":"Chairman and CEO"},{"name":"Cécile Haimet","role":"CFO"}],"products":["Lucy Lost","Submarine Jim","Zig & Sharko","Piggy Builders","Oggy and the Cockroaches","I Lost My Body","The Wolf","TOON BOX"],"companies":[{"name":"Xilam Animation","ticker":"ALXIL","relationship":"filer"},{"name":"Netflix","relationship":"distribution platform"},{"name":"Disney+","relationship":"distribution platform"},{"name":"Amazon","relationship":"distribution platform"}],"dollarAmounts":[{"amount":"€5.8 million","context":"H1 2026 total sales"},{"amount":"€7.8 million","context":"H1 2026 total operating revenue"},{"amount":"-€0.9 million","context":"current operating income"},{"amount":"-€1.0 million","context":"net income attributable to the Group"},{"amount":"€3.3 million","context":"cash as of June 30, 2026"},{"amount":"€11.2 million","context":"self-liquidating production financing debt"}]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-09-29T15:45:08.395Z","global_importance":22,"audience_relevance":15,"importance_components":{"tickerTier":"small-cap (Euronext Growth Paris)","eventGravity":"semi-annual earnings with improving trajectory","householdBrandBoost":"modest — known animation brands but niche investor audience","profitabilityStatus":"still loss-making, improving"}},"durationMs":8079,"modelName":"glm-5.3-flashx"}}