We don't usually report all of the financial reports we find on gaming companies, but some are worth noticing. GungHo Online Entertainment, creators of Puzzle & Dragons released their financial report which shows rather amazing numbers of sales and profits.
As reported by serkantoto.com, here are some of the main details of the report.
- They made $763 million in sales year-over-year, which is a 945.5% increase.
- Their operating profit grew to $460 million, which is a whopping 4331.2% increase year-over-year.
- Their net income was $287 million, which equates to a 2609.2% increase year-over year.
It looks as if these number are the direct result of sales from Puzzle & Dragons which is Japan's top selling smartphone game.
When you look at the April to June quarter, the sales were up 41.5% ($446 million), operating profit up 42.6% ($271 million) and net income up 28.7% ($161 million).
This means that in the April to June quarter, GungHo was making approximately $4.9 million per day in sales, and a net profit of $1.8 million per day.
All is not so rosy for the company though, as the report states that sales for July have dropped off and if their estimate of just $138 million is realistic, they would "only" be making about $4.5 million per day for the month.
Even though it appears that growth is slowing for the game, that's still a lot of magic stones.