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Next Games plans further expansion with new office in Los Angeles and bigger HQ in Helsinki

Next Games plans further expansion with new office in Los Angeles and bigger HQ in Helsinki

Next Games has released its financials for its Q3 FY17 for the nine months ending September 30th 2017.

It posted revenues of €25.8 million for the period, up 31% year-on-year. Its loss for the year fell slightly to €2.1 million, down from €3.1 million at this time in its FY16.

The loss was largely due to investments in new game development, business development, and scaling the organisation, as well as its public listing.

Growing up

Its investments appear to be paying off elsewhere. DAUs rose by 12% year-on-year to 455,000 users, and the firm's ARPDAU rose to $0.22 from $0.21. However, MAUs dipped 14% year-on-year to 1.36 million users.

Next Games has also grown its headcount, and now employs 104 people. It is expanding further, with a new office in Los Angeles and a bigger headquarters in Helsinki planned for 2018, with the aim of growing to 200 staff.

It is also gearing up for three new releases, including The Walking Dead: Our World and a game based on recent movie Blade Runner 2049. A third, unannounced game is also in development.


Editor

Ric is the Editor of PocketGamer.biz, having started out as a Staff Writer on the site back in 2015. He received an honourable mention in both the MCV and Develop 30 Under 30 lists in 2016 and refuses to let anyone forget about it.

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