The revenues and profits of the Russian-Swedish company G5 Entertainment increased significantly in the third quarter of this year, according to its quarterly report.
Mahjong Journey
The publisher of The Secret Society earned about 126.5 million Swedish kronor ($15 million) from July to September.
This is 32% more than in the same period a year ago. At the same time, the company’s operating profit grew by 174%, reaching 13.1 million Swedish kronor ($1.5 million).
If we talk about the number of users, it has also grown. The average monthly number of unique active users (MAU) of G5 free-play games has grown to 3.8 million. This is 19% more than a year earlier. This is also 400 thousand more than the company’s MAU in the second quarter of this year.
The average monthly number of unique paying players (MUP) in the company’s games was 120.7 thousand. This is 9% more than a year earlier and 7 thousand more than it was a quarter earlier.
The average monthly gross income per paying player (MAGRPPU) was $39.9. This is 34% more than in the same quarter of 2015 and $5.9 more than it was in April-June.
G5 revenue from free-play games increased by 39% compared to 2015. Now such projects are responsible for 94% of the company’s total revenues. Recall that in the second quarter of this year, they accounted for 92% of the company’s earnings.
The quarterly report was warmly welcomed by the market. As a representative of the company told us, “after the quarterly report, there was a peak of +21.5% in the share price.”
Recall that the company’s highest-grossing projects today are The Secret Society – Hidden Mystery and Hidden City: Mystery of Shadows (both included in the US box office gaming Top 50), as well as Mahjong Journey (included in the UK box office gaming Top 100).
A source: G5 Entertainment