Tag Archives: Financials

Things are finally looking up for Zynga

After many years of struggling to recapture the glory years of the casual gaming bubble, Zynga has reported one of its best quarters for some time. GAAP revenue for the period grew four per cent year-on-year to $194.3m, with GAAP net losses reducing from $35.4m to $9.5m. The EBITDA numbers …

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Gfinity announce increased revenue but still make a loss

Earlier today Gfinity released their interim financial statements for the period ended 31st December 2016 and it makes for some interesting reading.  Arguably the biggest news for the company is a big increase in revenue over the same period in 2015. In 2016 they made a total of £0.9 million, …

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eSports economy to hit $1.5 billion by 2020 according to Newzoo

Newzoo, the firm that predicts all things eSports, has released a new report that states the eSports economy will break $1.5 billion by 2020.  The report suggests that this year alone revenue in eSports will hit $696 million, with further brand investment pushing the economy to $1.5 billion in three …

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