Gross profits were also down significantly, hitting just £200,000 – substantially down on the previous year’s £1.3 million.
On the up were operating losses, which totalled £1.9 million. In the same period last year the firm posted an operating profit of £335,000. The overall result was a net loss of £2 million for the quarter representing a stark change of fortunes when compared to 2007’s Q3 net profit of £1.3 million.
The publisher blamed the results mainly on the delay of a number of products including Age of Pirates 2: City of Abandoned Ships, Sudoku Ball Detective and Vertigo.