Hypercasual Hero
Mobile revenue exceeds Take-Two’s expectations, making over $2 billion in nine months
Take-Two subsidiary Zynga accounted for 51% of the holding company’s earnings in the latest quarter
Financials
Sega Sammy's entertainment profits slide by 52.5% Y/Y despite Rovio sales boost
Angry Birds developer had its worst quarter for game sales in three years following Sega acquisition
Mighty Mobile
Krafton earned record-breaking $1.4 billion in 2023 with 66% from mobile
Krafton’s mobile earnings grew by 34.5% in Q4
Roblox Victory Rally
Roblox rises with $2.8 billion in revenue and 68 million DAUs in 2023
Roblox users spent 60 billion hours on the platform in 2023
A Good Year
Stillfront Group profits grow 84% to $15.5 million in 2023
“Stillfront’s bookings returned to positive organic growth for the months of November and December in the fourth quarter," said CEO Jörgen Larsson
Dena Data
DeNA pulls back from China as game profits fall 95%, but there’s optimism for Q4
DeNA’s games made a loss in Q3, though its livestreaming revenue is on the rise
Super Mario Success
Nintendo’s mobile and IP sales are up 93.4%
Nintendo reveals $9.38 billion earned in total sales across the first three quarters of its financial year
Job Moves
Devolver Digital CEO steps down and moves on
Douglas Morin is leaving the company following their latest on-track financials, after a difficult year, delays, cuts and an underperforming IPO
Finding Flexibility
Embracer Group secures credit and loan extension to 2025 as it restructures to clear debt
Embracer Group finally cashes in good news for the end of 2023
Magic Mag
MAG Interactive records biggest year yet after Wordzee marketing push
MAG Interactive recorded net sales of $34.6 million this year, at a 10% yearly increase
Heads Up
Thunderful explores sale of Bridge Constructor publisher Headup Games nearly three years after €11m acquisition
Company plots "more focused strategy" for the business
Financial Findings
Huuuge Games’ adjusted net profit rose 80% in the first three quarters of 2023
Q3 2023 was Huuuge’s fifth consecutive quarter of rising YoY EBITDA and they've 'huuuge' hopes for the future
Debtmarble
Netmarble cuts losses by 90% in Q3 despite revenue decline
Workforce reduction and original IP stem losses, but publisher still has $1.29 billion short-term debts
Profit Power
NetEase profits up 23.4% as Justice and Racing Master drive strong Q3
Q3 financials reveal 11.6% revenue increase with over 80% from games and related services
Financial Findings
Embracer's Q2 sales up 13%... but 900 employees are out
As the company rounds out a tough year bet sales have risen 13% while mobile sales rose 2%
Gravity Gravitas
Gravity’s mobile revenues rise 95.7% YoY with worldwide Ragnarok success
YoY results show a strong performance in 2023, but figures are down from the last quarter
Rising Revenues
Nexon’s Q3 2023 smashes records with 78% revenue rise in North America and Europe
This marks the sixth consecutive quarterly report with double-digit growth
Road To Profitability
Unity set for more layoffs amid “painful” reset
Game engine firm plans to "rip off the band-aid" to position itself for future growth and become profitable
Playtika Financials
Playtika generated $630.1 million in the third quarter of 2023
The company saw declines in the latest in a series of weak financial quarters
Applovin Financials
AppLovin generated $864 million in revenue in the third quarter of 2023
The company’s software platform drew $504 million, representing 58% of total revenue for the period
Take-two Financials
50% of Take-Two’s revenue came from mobile in the latest financial quarter
Mobile generated $646.2 million in the second quarter of the 2024 fiscal year
Krafton Financials
Krafton generated $343.5 million in revenue in the third quarter of 2023
Mobile was responsible for 68.6% of the total with $235.8 million
Financial Findings
Square Enix’s IPs may be flagging on mobile but net sales are 5.3% up
Square Enix’s latest financial report reveals falling mobile revenue but free-to-play, microtransactions and subscription plans aim to turn the ship around
Stillfront Financials
Stillfront Group drew almost $154 million in revenue in 2023’s third quarter
The figure represents a 7% decline from the same period last year
Ea Financials
EA mobile game revenue declines 5% in Q2
Mobile generated $304 million in revenue in the latest quarterly report, down from $320 million in the period prior
Modern Times, Mo' Money
Modern Times Group Q3 results show "even more encouraging" growth
MTG’s Q3 financials buck trends to reveal 6% year-on-year revenue growth
Capcom Financials
Monster Hunter Now powers surge in Capcom's mobile revenue
The company expects to see mobile revenue double in the next six months
Ubisoft Financials
Ubisoft generated $885.2 million in revenue in the first half of 2023
The company broke records during the period
Rovio Financials
Rovio saw a 5.6% decline in revenue in the third quarter of 2023
The company is "focused on finding out synergies that our life with Sega may entail to bring out the best in Rovio."
Financials
MAG Interactive interim report sees sales slide by 11% quarter-on-quarter
Dips in key metrics are consistent with a turbulent year across the industry
Devolver Financials
Subscription champion Devolver Digital blames subscriptions for fall in revenue
The company’s revenue in the first half of 2023 fell 17% year-on-year
Huuuge Financials
Huuuge Games generated $141 million in the first half of 2023
Despite the success, this represents a year-on-year fall from H1 2022
Netdragon Financials
NetDragon’s gaming segment generated 58% of the company’s revenue in the first half of 2023
The company’s gaming segment saw an 8% increase in revenue, despite incurring a 13% decline in total
Netease Financials
NetEase generated $3.3 billion in revenue in the second quarter of 2023
Mobile continues to dominate the company’s gaming sector
Embracer Financials
Embracer Group drew $131.6 million in net sales from mobile in the latest quarter
Mobile represents just 13.76% of the company’s revenue
Sciplay Financials
SciPlay outperforms social casino genre for sixth consecutive quarter
The company generated $189.9 million in the second quarter of 2023
Tencent Financials
Tencent generated $20.6 billion in the second quarter of 2023
The total represents an 11% increase from the same period of 2022
Financials
Netmarble financials sees 49% slump in earnings and 8% drop in sales
Their quarter two results echo a difficult year for many mobile companies
Mobile Monetisation
Take-Two CEO Strauss Zelnick wants to monetise 100% of its audience
The company is currently monetising only 10% of its players
Financials
East Side Games sees revenue slide by 32% in first quarter 2023 financials
The dip echoes wider financial shocks across the mobile gaming market in recent financials
Financials
NCSoft financials show almost 75% drop in profit year-on-year
The majority of the company’s revenue comes from mobile games
Financials
Applovin financials see rise driven by new AI investments but declining revenue for apps
The company’s non-gaming related business is on the up even as apps falter
Nexon Financials
Nexon celebrates 12% year-on-year increase in revenue in 2023’s second quarter
However, the company’s net income decreased 7% over the same period
Krafton Financials
Krafton's latest figures show 28% decline from record first quarter 2023
The company generated $294.2 million in the second quarter of 2023
Roblox Financials
Roblox hit a record $680.8 million in revenue in the second quarter of 2023
The figure represents a 15% year-on-year increase from $591.2 million
Financials
Sony sees 6.8% drop in income for games but a rise in sales
Games income increased by 167bn yen despite other slim financial results
Financials
Mobile now accounts for 53% of Take-Two’s revenue
One year on from its acquisition of Zynga mobile dominates Take-Two’s Q! 2023-2024 financial report
Financials
Playtika latest results show decreases in revenue & paying users
The company previously halted all further development on new titles in favour of concentrating on their existing portfolio
Financial Fuel
Konami’s profits back on track with 22% rise in quarter one
Video games account for the most profit, but not the biggest proportional rise
Nintendo Numbers
Nintendo's mobile future unclear despite “tripled” revenue
The latest financial report muddies the waters by including LEGO and The Super Mario Bros. Movie in the same financial category…