Gameloft revenues have fallen amid a lack of new releases
Mobile developer and publisher Gameloft reported for the 1st quarter of 2018. The company reported a 13.4% decrease in revenue compared to last year. The drop in revenue is due to the fact that the company did not have a single release in the first three months of this year.
The company’s results are reported in a report by Vivendi media corporation, which has owned Gameloft since 2016.
Gameloft expects to compensate for a slight drop in revenue already this quarter due to the new MOBA Dungeon Hunter Champions. Champions is the latest installment of the Dungeon Hunter mobile series, with total downloads exceeding the 100 million mark.
Dungeon Hunter Champions was released on May 3. The company reported excellent initial sales. Gameloft representatives believe that the title will earn even more after the release in China.
Gameloft’s financial performance in the 1st quarter of 2018
From January to March 2018, the French company earned €79 million. 62% of this amount was generated by Gameloft’s own titles. The highest-grossing games of the publishing house were Dragon Mania Legends, Disney Magic Kingdoms, March of Empires, Asphalt 8: Airborne and Minion Rush.
The largest share (36%) of Gameloft’s quarterly revenues came from Europe, the Middle East and Africa. North America is in second place (32%), followed by Southeast Asia (24%) and Latin America (8%).
The publisher’s MAU of titles amounted to 114 million people, and the DAU reached 13 million people.
Gameloft also reported that on average, the company’s games gain about 2 million downloads per day.
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