Record Revenue
Tag: Profit
Revenue Result
Microsoft makes $24.7bn profit in Q1 after video game cutbacks
Profit Plummet
Keywords Studios makes $18.7 million loss despite 6.6% revenue rise
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Profit Plummet
Huuuge Games’ profits down 30.6% YoY but top games hit major milestones
Despite declines in revenue and profit this Q2 Huuuge Casino and Billionaire Casino both surpassed $2 billion in lifetime revenue
Flagship Fishing
Ten Square Games profits up 22.8% as restructure takes effect
Fishing Clash continues to generate more than half of all net bookings, but Wings of Heroes makes a growing contribution
Profit Power
East Side Games turns a profit in Q2 as it moves further out of the red
It's time for a turnaround as the games studio recorded a loss of more than $130,000 in Q2 2023
Revenue Arise
Netmarble turns a profit after years in the red, with highest quarterly earnings since IPO
₩782 billion ($570.4 million) in revenue led to ₩162 billion ($118.2 million) net profit
Profit Power
Square Enix’s Q1 profits more than triple despite revenue decline
The company generated ¥69.9 billion in net sales and ¥10.8 billion in profit this Q1
Playtika Profits
Playtika’s profits surge 63.4% to $86.6 million as it reverses 'no new games' strategy
Direct-to-consumer revenue increased but overall revenue is down in Q2 2024 as the company reveals a return to game production
Profit Power
NCSoft profit bounces back with 59% of revenue on mobile but not all Lineage games are thriving
The dev recorded $51.7 million in net income during Q2 2024, up 133% year-on-year
Profit Plummet
Nintendo profits down 70.6% with falling sales across Switch and other IP ventures
Q1 sales are down considerably with no new hits to follow 2023’s Mario movie and Zelda game
Proof Is In The Profit
Web3 tech firm Improbable makes its first profit after metaverse pivot
The company shifted focus to the metaverse in 2022, and achieved its first ever annual profit in 2023
Ea Q1 Financials
Electronic Arts: "FC Mobile is the blueprint for our mobile strategy"
Their profits may be down 30% but EA Sports FC Mobile made record net bookings while FC Mobile Madden NFL 24 earned double digit growth
Microsoft's Mobile Mystery
Microsoft made $88 billion profit in FY2024 thanks to Activision Blizzard boost
Xbox revenue was up 61% in Q4 2024, but mobile specific figures remain a mystery
Pokemon Power
It’s another record-breaking year for Pokémon as revenue reaches $1.9 billion
Pokémon’s mobile catalogue alone generated approximately $1 billion in the fiscal year
Profit Power
Ten Square Games' Q1 profits beat the whole of 2023 as it powers up with AI
Its TSG Store is proving to be a financial winner even through its top games slump
Super Sonic
Sega reaches financial targets one full year ahead of schedule in record fiscal year
Sega’s revenues and profits were the highest in 10 years in FY2023
Record Revenue
Bandai Namco’s sales soar while profits plummet, as mobile hardly gets a mention
Record net sales were achieved in fiscal year 2024 but operating and recurring profits fell
Profit Power
ByteDance profits reportedly rise 60%, surpassing Chinese competitor Tencent
ByteDance has been pulling back from gaming after TikTok has played a greater role in the company’s surging revenues and profit
Flexion Finances
Flexion revenue climbs 64% as Epic gives the gaming market a "boost of confidence"
Distributing Monopoly GO! to alternative app stores was one among many 2023 wins at Flexion
Profit Power
Huuuge Games' profits up 35.1% in 2023 despite falling revenue and DAU
Revenue was down 11% but cost cutting measures helped Huuuge achieve another year of rising profits
Netease Nets A Win
Eggy Party helps drive NetEase games revenue up 9.4% to $11.5 billion in 2023
NetEase generated $11.5 billion from video games in 2023
Profitable Performance
Com2Us escaped the red in 2023 despite "negative seasonality"
Com2Us’ financial report reveals a difficult Q4 but overall successful 2023
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
Rpg Revenue
Netmarble net loss down 65% in 2023
RPGs advanced Netmarble’s Q4 to its strongest quarter of the year
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
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
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
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
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
Financials
TakeTwo full-year financials highlight Zynga acquisition and performance
The mobile publisher and developer was acquired in 2022
Financials
Flexion announces Q1 financials. Quarterly revenue up by 54%
The company boasts of strong growth
Preliminary Performance
Krafton reports record Q1 with $407.8M in sales
Plus a 3% year-on-year increase
Financials
NetDragon announces 2022 full-year financial results
Coming off the back of significant partnerships and deals in 2022
Financials
Flexion Q4 financials close with another record quarter
The alternative app store publisher saw major deals in 2022
Executives Vs. Employees?
Blizzard Boss Mike Ybarra takes the hardline at latest all-hands meeting
The company has cut profit sharing and mandated employees to return to the office
Mwm Expansion
MWM opens new business unit focused on US markets
The company aims to create a suite of creative apps for mobile devices
$2.3 Billion
Activision Blizzard sees mobile boom as King and Call of Duty hit record sales
Call of Duty: Mobile on track to generate $1 billion in 2021
Profit Up 93%
Apple sees revenue grow by 36% to $81.4 billion in third quarter
The company reports new revenue records in each geographic sector
"correct Understanding"
Nintendo denies Switch OLED profit margin increase
The company also debunked ongoing Switch Pro claims
Financials
MAG Interactive sees a 34 per cent growth in net sales for Q3 2020
"This is the highest turnover in a quarter for MAG since the company went public"
Pride
Netmarble sales up 11.6% as Seven Deadly Sins: Grand Cross starts strong
"We are anticipating significant growth in sales and profitability in our second quarter"
Full-year Financials
Take-Two Q4 profit rises by 116% due to "people sheltering at home"
Net revenue reaches $3.09 billion for the year
118 Games In Development
Embracer Group's games division grows by 31% but total profit falls by 10% YoY
"I genuinely believe that we have one of the industry’s most exciting pipelines of upcoming games"
Netease Financials
NetEase's mobile games catalogue pushes revenue to $2.4 billion
Mobile represented 70.3 per cent of all online games
China Hit Worst
Nexon's revenue and profit falls year-on-year in Q1 due to Covid-19 pandemic
"Nexon has been spared the turbulence due to minimal physical contact with consumers"
Strong All Around
Sega profits rocket by 421%, video games up 50% too
"Strong competitive mobile enviroment"
Square Enix Financials
Dragon Quest Walk and Romancing SaGa Re;univerSe help lift Square Enix mobile revenues to almost $1 billion
Profits rise by 9.38% overall
Tencent Financials
Tencent sees a 26 per cent revenue increase year-on-year in Q1 2020
Mobile games generated ¥34.8 billion ($4.9 billion)
Nintendo Financials Q4 Fy19
Nintendo's mobile business grows by 11.5% year-over-year, Switch tops 55 million
Revenue up nine per cent year-on-year