DEAG Deutsche Entertainment AG

Latest Results (23.03.2026):

DEAG Deutsche Entertainment AG — Q4 2024 / Full‑Year 2024 (as reported in the company’s Annual Financial Report 2024): DEAG reported a new revenue record for the reporting year with group revenue of EUR 370.0 million (FY 2023: EUR 314.0 million). EBITDA declined to EUR 14.4 million (FY 2023: EUR 26.4 million) and the consolidated result after taxes was a loss of EUR 13.0 million (FY 2023: profit EUR 1.5 million). The company cites elevated, largely one‑time investments (digitalisation/IT, ticketing, board reorganisation, ESG reporting), higher production costs and adverse weather effects as main drivers of the earnings decline, while ticket volumes and advance sales increased materially.

Revenue

Group revenue: EUR 370.0m in FY 2024 versus EUR 314.0m in FY 2023 — a new record level for DEAG.

Profitability (EBITDA & Net result)

EBITDA fell to EUR 14.4m (FY 2023: EUR 26.4m). Consolidated result after taxes: EUR -13.0m (FY 2023: EUR 1.5m). Management attributes the decline mainly to higher one‑time investments and increased production/staging costs plus weather impacts.

Ticket volumes and advance sales

Tickets sold in 2024: more than 11 million (up from >10 million). By end‑2024 DEAG had already sold ~4 million tickets for events in 2025 and targets approximately 12 million tickets for FY 2025.

Liquidity and balance‑sheet headroom

DEAG reports cash and cash equivalents plus available credit lines of over EUR 138m, which management cites as supporting its growth and buy‑and‑build strategy.

One‑time / non‑recurring factors

Significant one‑time expenses in 2024: digitalisation and IT modernisation (ticketing focus), Executive Board and Supervisory Board restructuring, ESG reporting setup, costs linked to European expansion, and extraordinary costs from event staging (security, logistics) and an originally planned re‑listing — all weighed on FY 2024 earnings.

M&A and international expansion

DEAG continued buy‑and‑build: notable transactions in the period include acquisitions/majority stakes (examples cited in the report) to expand ticketing, festivals and spoken‑word segments and entry/strengthening into markets such as the UK, Spain and Italy — part of the rationale for near‑term investment spend.

Outlook for 2025

Management expects a moderate revenue increase and a significant improvement in EBITDA for FY 2025, no recurrence of one‑time effects at the 2024 scale, and continued ticketing growth (aiming ~12m tickets sold in 2025).