Gamasutra: The Art & Business of Making Gamesspacer
View All     RSS
July 22, 2014
arrowPress Releases
July 22, 2014
PR Newswire
View All





If you enjoy reading this site, you might also want to check out these UBM Tech sites:


Gamevil's mobile games hit 120M downloads, driving profit growth
Gamevil's mobile games hit 120M downloads, driving profit growth
May 15, 2012 | By Eric Caoili

May 15, 2012 | By Eric Caoili
Comments
    Post A Comment
More:



Newsbrief: South Korean developer and publisher has reached 120 million downloads for its mobile titles, which helped increase the company's revenues and sales for the quarter. It crossed the 100 million mark in February.

During the company's first financial quarter ending March, Gamevil recorded ₩16.6 billion ($14.4 million) in sales and ₩5.2 billion ($4.5 million) in profit, which represent a 160 percent and 105 percent year-over-year increase, respectively.

Gamevil notes that it has almost completely transitioned into a free-to-play smartphone publisher, where 91 percent of its sales came from in-app purchases, and 92 percent came from smartphones. Its revenues outside of Korea also grew by 437 percent.

Best known for releasing titles from the Zenonia and Baseball Superstars series, Gamevil expects to release over 40 games this fiscal year (ending December), including 16 during the April-to-June period (five developed internally, 11 externally).


Related Jobs

Petroglyph Games
Petroglyph Games — Las Vegas, Nevada, United States
[07.22.14]

Senior Unity Artist
Sony Online Entertainment, San Diego
Sony Online Entertainment, San Diego — San Diego, California, United States
[07.22.14]

Intermediate and Senior Database Tools Programmers
2K
2K — Novato, California, United States
[07.22.14]

Senior Engine Programmer
tic toc games
tic toc games — North Hollywood, California, United States
[07.22.14]

Project Manager










Comments



none
 
Comment: