Puzzle & Dragons earns $3.76 million a day in Japan
The other day, GungHo published its financial report for April. According to him, the company earned $113 million on Puzzle & Dragons in one month. After the publication of the report, the company’s value jumped to $15 billion.
Previously, the Japanese company has not officially announced exactly how much it earns on its card buttler. According to rough estimates, it was known that in January the game brought in $ 54-75 million, and in February – $ 62-86 million. But in an April report, GungHo officially revealed the game’s contribution to its monthly earnings – $113 million or $3.76 million per day. In total, the company earned $119 million in April.
In January-March alone, the company’s sales increased by 800% to $303 million, while operating profit, in turn, jumped by 7,400% to $183 million compared to the same period last year.
The exchange exploded in response to the report. GunHo shares rose 28.8%. As a result, the company’s value has grown to a staggering $15 billion. The team’s market value is now greater than that of Nikon, Fujitsu, Isuzu, Sanyo, All Nippon Airways, Sharp or Mitsubishi Motors, as Serkan Toto writes.
Among the gaming companies, only Activision Blizzard is more expensive than GunHo: $16.7 billion is “given” for it.