Korean gaming companies continue to surprise with significantly increased revenues. Com2uS has reported on the third financial quarter, which for the Korean publisher of mobile games ended on September 30, 2014.
The company’s revenue amounted to $84.6 million, which is 102% more than the results for the previous quarter of this year, and 438% more compared to the same reporting period in 2013.
Net profit reached $39.9 million, which is 192% more than in the previous quarter, and 3165% (!) higher than in the third quarter of 2013.
International sales grew by 806% and accounted for 80% of the company’s total revenue.
The main market for the company’s products is Japan, Taiwan and Hong Kong (60%), as well as North America and Europe (20% and 15%, respectively).
The key components of success, according to our colleagues from PocketGamer, were the titles Summoners War and Ace Fishing.
Let’s add that Com2uS has been owned by Gamevil since 2013. There is no information in the financial report whose merit is such a serious increase in indicators.
Other materials on the topic:
- Korean giant Gamevil to buy Com2usThe capitalization of Com2uS was $1 billion
- Com2us is a South Korean company that publishes and publishes mobile and online games.
Founded in 1998. In 2013, Gamevil acquired the company for approximately $65 million.