EQS-News: PAL Next AG: First Half of 2025 in Line with Expectations

PAL Next AG: First Half of 2025 in Line with Expectations

Munich, 24 September 2025. PAL Next AG (Xetra symbol: PAL; ISIN: DE000A12UPJ7) recorded revenue and earnings performance in the first half of 2025 that was largely shaped by intensified production activity. As productions are scheduled for completion in the second half of the year, revenues in the first half of 2025 amounted to EUR 0.6 million (H1 2024: EUR 1.2 million). The Group's total operating performance, including other operating income and changes in inventories from projects under development, amounted to EUR 0.9 million (H1 2024: EUR 1.5 million). Despite lower revenues, EBIT improved significantly to EUR -1.4 million (H1 2024: EUR -2.2 million) driven by a strict focus on the core business and consistent cost optimization. Personnel expenses declined from EUR 1.2 million to EUR 0.9 million.

A key innovation driver within the PAL Next Group continues to be its subsidiary Storybook Studios, which achieved significant progress in the first half of 2025 in developing hybrid production methods. The goal is to establish proprietary workflows that combine artificial intelligence with human storytelling, enabling projects that are both commercially viable and scalable.

Following an intensive production and post-production phase in the first half-year, several major releases from PANTALEON Films are scheduled for the remainder of the year. DER TIGER (The Tiger) was released in German cinemas on 18 September 2025, and will stream worldwide on Prime Video at year-end. NO HIT WONDER, a tragicomedy starring Florian David Fitz and Nora Tschirner, will premiere in cinemas on 30 October 2025. DAS LEBEN DER WÜNSCHE (The Life of Wishes), a drama starring Matthias Schweighöfer, will follow on 13 November 2025. In addition, the second season of ASBEST, the successful crime drama series, will return to ARD Mediathek before the end of the year.

Stephanie Schettler-Köhler, CEO of PAL Next AG: “The first half of 2025 developed in line with our expectations. Despite a production-related decline in revenues, we were able to improve earnings performance through a consistent focus on our core business and the optimization of cost structures. With four very different, high-profile releases in cinemas and on streaming platforms, PANTALEON Films is showcasing its production power this year. Noteworthy, too, is the progress of our subsidiary Storybook Studios, which achieved further innovations in the first half of 2025 in the field of hybrid production methods utilizing AI.”

2025 revenue guidance confirmed – earnings range slightly adjusted

Based on business performance in the first half of 2025 and the current project pipeline, the Executive Board has slightly adjusted its outlook for the 2025 financial year. The PAL Next Group continues to expect revenues between EUR 21 million and EUR 23 million. The Group's total operating performance, including other operating income, is forecast at a minimum of EUR 24 million. For EBIT, the Company now expects a range between EUR -500 thousand and EUR +200 thousand (previously: EUR -300 thousand to EUR +200 thousand).

The Half-Year Report 2025 of PAL Next AG is available on the Company website at www.pal-next.com.

About PAL Next AG:

PAL Next Group is a broadly positioned entertainment group specializing in the creation and production of film and series content with a powerful focus on Artificial Intelligence (AI). Drawing on more than a decade of experience in producing award-winning films and series at PANTALEON Films and the expert team at Storybook Studios creating AI-generated content, PAL Next is promisingly positioned for advanced, leading-edge, contemporary entertainment. The PAL Next Group cooperates with renowned partners such as Amazon, Apple, Netflix, Degeto as well as Paramount and Warner Bros. and Discovery. The Group is continuously expanding its market position for established and profitable film and series productions. PAL Next AG is represented in Munich and Berlin and is listed on the Frankfurt Stock Exchange under the XETRA symbol PAL and ISIN DE000A12UPJ7.

For further information, please visit www.pal-next.com.

PAL Next Investor Relations

CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Phone: +49 89 125 09 03 30
Mail: sh@crossalliance.de
Website: crossalliance.de