In a year when it acquired ngmoco for $403 million, Japanese social gaming powerhouse DeNA (TYO:2432) has announced net sales in 2010 of $1.38 billion up from the $517 million it posted in 2009.
The year was closed by a record breaking quarter for the firm, with net sales coming in at $393 million in Q4 2010, up 67.5 percent from the same period in 2009.
In all, it's the sixth consecutive quarter DeNA's revenue has been up year-on-year.
Going for goals
The company has also revealed that quarterly profits also rose by 90 percent year-on-year to $114.14 million, with annual profits coming in at $388.93 million.
"DeNA has met, if not exceeded, every goal we set for the company," said CEO Tomoko Namba.
"We are very pleased and proud of our exceptional year in sales. Our diverse catalog, market expanding strategies and dedication to leadership in technology has fuelled our global growth.
"We are looking forward to making our social mobile platform for games, Mobage, truly global in the coming year."
Mobage momentum
Growing Mobage is key to DeNA's continued success, the company states.
DeNA expanded the number of games for the network to 1,000 last quarter, it revealed, largely thanks to its open platform strategy designed to entice third-party releases.
Having unified the Mobage brand in Japan and the west (a full roll out expect in the coming months), China is the next new market on the company's check-list, with the company stating such growth will deliver an operating income of $2.4 billion by 2014.
[source: BusinessWire]
News
With a fine eye for detail, Keith Andrew is fuelled by strong coffee, Kylie Minogue and the shapely curve of a san serif font.
Top Stories
Feature
Apr 24th, 2024
48 top mobile games in soft launch: Squad Busters, CSR 3, Plants vs. Zombies 3, LEGO Hill Climb Adventures, and more
Feature
Apr 24th, 2024
Mobile Mavens: Analysts share insights on Embracer Group's "rapid dissolution", "mature" split and nervy future
Events
App Promotion Summit London | Europe | Apr 25th |
Esports Future Summit | Middle East | Apr 27th |
Dubai GameExpo Summit 2024 | Middle East | May 1st |
The MENA Games Industry Awards 2024 | Middle East | May 2nd |
GameDev Atlantic 2024 | May 4th | |
Mobidictum Meetup Berlin May 2024 | Europe | May 7th |
Mobidictum Meetup Tallinn May 2024 | Europe | May 21st |
Israel Mobile Summit 2024 | Middle East | Jun 6th |
Popular Stories
News
Apr 23rd, 2024
Supercell’s Squad Busters soft launches today with over 100,000 Google Play downloads
Feature
Apr 24th, 2024