Earlier today veteran So. Korean mobile games publisher GAMEVIL (est. 2000) reported its Q2 2009 earnings... the company's first report since going public on the KOSDAQ last month. It was a very solid quarter for this quality-focused games creator, driven by titles like Baseball Superstars and HYBRID: Eternal Whisper. The company has effectively leveraged microtransactions as way to grow revenues in its domestic market...and in the US, where the company initially struggled to find firm footing in a carrier-driven world, it is beginning to see meaningful growth on iPhone & Android platforms.
Rev = $4.33mil ^67% from Q2 2008 ^30% Q1 2009
Net = $2.08mil ^214% from Q2 2008 ^55% Q1 2009
btw - According to the blog Volker on Mobile the company was valued at $70mil when it went public on July 21st.
Posts
No comments:
Post a Comment