Swedish/Russian publisher G5 Entertainment (STO:G5EN) has announced its half year financials for the six months ending 30 June 2013.
Consolidated revenues were up 37 percent year-on-year to $7.3 million (SEK 49 million).
Operating profit was $1.9 million (SEK 13 million), up 42 percent.
The company also revealed its cumulative iOS and Android download total reached 100 million in early 2013.
Giving it away
In terms of titles, G5 said free-to-play titles The Secret Society and Virtual City Playground have performed well.
The Secret Society was a top 50 top grossing game in the US on iPad and is now the company's highest grossing game, both on iOS and on Android.
G5 is now concentrating on F2P games rather than the try-before-you-buy apps it previously focused on.
It also released two games for Windows 8; both Supermarket Mania 2and Stand O'Food 3 entered the US top 10 downloads charts.
G5 plans to list the company on the larger NASDAQ OMX Stockholm exchange in the second half of 2013 to increase share liquidity and attract more institutional investors.
[source: G5 Entertainment]
News
Contributing Editor
A Pocket Gamer co-founder, Jon is Contributing Editor at PG.biz which means he acts like a slightly confused uncle who's forgotten where he's left his glasses. As well as letters and cameras, he likes imaginary numbers and legumes.
Top Stories
Feature
May 17th, 2024
New release roundup: The best new mobile games from a battle royale to a console classic remake
Feature
May 16th, 2024
Behind the scenes: How adding sandwich offers to an idle merge game boosted three metrics at once
Events
Valencia Indie Summit 2024 | Europe | May 16th |
Digital Dragons | Europe | May 19th |
GamesBeat Summit 2024 | North America | May 20th |
Mobidictum Meetup Tallinn May 2024 | Europe | May 21st |
Nordic Game Spring 2024 | Nordic | May 21st |
Impact 2024 - Indie Games | May 23rd | |
MomoCon 2024 | North America | May 24th |
Morocco Gaming Expo | Africa | May 24th |
Popular Stories
Feature
May 14th, 2024
53 top mobile games in soft launch: Squad Busters, Battle Guys: Royale, Plants vs. Zombies 3, LEGO Hill Climb Adventures, and more
Feature
May 13th, 2024
Hot Five: Dubai's new Gaming Visa, April's mobile game charts, and Xbox studio closures
Feature
May 14th, 2024