Revenue of MY.GAMES in the third quarter of 2020 amounted to 10.672 billion rubles ($139 million)

MY.GAMES has prepared a report for the third quarter of 2020. During this period, the brand earned 10.672 billion rubles ($139 million). At the same time, the share of foreign revenue turned out to be a record.General figures

MY.GAMES revenues in the third quarter increased by 33% year-on-year and now account for 40% of total consolidated revenue Mail.ru Group;

• 76% of the company’s revenue for the reporting period was received outside of Russia, which became a record for the brand;
• the number of registered users of MY.GAMES amounted to 740 million (an increase of 6% compared to the previous quarter).
• New projects and studios

In October, MY.GAMES acquired a controlling stake in the Russian studio Deus Craft, whose project Grand Hotel Mania reached 4 million installations in just three months and approached the mark of $ 5 million in monthly revenue;

• the company has released a new mobile game Storyngton Hall, which is being developed by the studio BIT.GAMES.
• also over the past couple of months, MY.GAMES has invested in the American studio with Russian roots Hypemasters and the Belarusian publisher Bamboo Games, and also bought a stake in Reaction Games.
• The most successful mobile games

75% of MY.GAMES revenue in the third quarter came from mobile projects;

• War Robots, an update for which was released in October, entered the top 5 highest-grossing shooters in the United States;
• the number of Hustle Castle installations reached 66.7 million, and monthly revenue — 500 million rubles ($ 6.5 million).
• Other Nord games have also grown: Zero City’s revenue for August amounted to 200 million rubles ($2.6 million) and became a record for the project;the monthly revenue of Left to Survive from Whalekit studio reached 175 million rubles ($ 2.2 million), and the project itself entered the top three highest-grossing mobile shooters in the United States;
• The number of installations of Love Sick: Interactive Stories has reached 21 million since its release in February 2019.
• the monthly revenue of the project increased by 58% in annual terms and exceeded 200 million rubles ($ 2.6 million).MY.GAMES CEO Vasily Maguryan notes that the company is trying to provide its teams with the necessary resources to scale the business.

“This approach allows us to move in a given vector — to maintain the diversity of the portfolio, strengthen our position in the mobile segment — one of the key drivers of the influx of a new audience of players — and create products that are in demand all over the world,” he says.

Also on the topic:

• The Bell: MY.GAMES will be listed on the stock exchange in 2021 at a valuation of $2.5-3 billionMail.ru Group will launch its own cloud gaming service
• MY.GAMES has rebranded its investment division MRGV
• Is there any news?