net sales Archives

AppWizard

May 23, 2025

Embracer Group sees net sales across PC/console and mobile games fall in FY2024/25

Embracer Group's financial results for Q4 ending March 2025 show a decline in net sales to SEK 5.4 billion, down 6% year-on-year. The PC/console segment generated SEK 3 billion (down 2%), while mobile sales were SEK 943 million (down 31%). For the full fiscal year, net sales totaled SEK 22.3 billion, down 18%, with PC/console games at SEK 1.5 billion (down 27%) and mobile at SEK 5.3 billion (down 9%). The total number of game development projects decreased from 141 to 108, and headcount was reduced from 9,692 to 7,180, including 5,378 game developers. Despite these declines, the game Kingdom Come Deliverance 2 sold three million copies. Embracer reported organic growth of 30% in mobile game sales and 22% in PC/console sales. The company plans to release 76 games in FY 2025/26, including notable titles like Killing Floor 3 and Marvel 1943: Rise of the Hydra. A third AAA game has been postponed to 2026/27, and THQ Nordic's studio Campfire Cabal has resumed operations after a closure in 2023.

AppWizard

May 13, 2025

Sega’s games sales up 9.6% despite Football Manager 25 cancellation

Sega reported a revenue of ¥244 billion (.6 billion) for its games division for the fiscal year ending March 2025, marking a year-on-year growth of 9.6 percent. The games division generated an operating income of ¥21.9 billion (7 million) despite the cancellation of Football Manager 2025. New titles sold 9.2 million units, contributing ¥55 billion (.4 million) to revenue, while repeat sales generated an additional ¥33 billion (0 million) from 18.7 million copies sold. Key titles such as Sonic X Shadow Generations, Metaphor ReFantazio, and Like a Dragon: Pirate Yakuza in Hawaii maintained steady sales. Overall, Sega's net sales declined by 8.5 percent to ¥428.9 billion (.89 billion), and operating income decreased by 16.8 percent to ¥48.1 billion (3 million).

AppWizard

May 13, 2025

Monster Hunter Wilds helps drive record fiscal year for Capcom

Capcom achieved record profits for the eighth consecutive financial year, reporting a gross profit of ¥98.8 billion, a 16 percent increase from the previous year. Net sales rose 11.3 percent to ¥169.6 billion, and operating income increased 15.2 percent to ¥65.8 billion. The company sold 51.87 million video game units, an increase of five million units, with Monster Hunter Wilds selling ten million copies in its first month. Projections for the 2025/26 financial year estimate net sales of ¥190 billion and operating income of ¥73 billion, potentially marking the ninth consecutive year of record profits.

AppWizard

May 13, 2025

Sega’s games sales up 54% despite Football Manager 25 cancellation

Sega reported a revenue of Y244 billion (approximately .6 billion) for the fiscal year ending March 2025, a 9.6 percent increase from the previous year. The games division generated an operating income of Y21.9 billion (around million). Sega sold 9.2 million units of new titles, contributing Y55 billion (roughly .4 million) to its revenue, while repeat sales accounted for Y33 billion (about million) from 18.7 million copies sold. Key titles included Sonic X Shadow Generations, Metaphor ReFantazio, and Like a Dragon: Pirate Yakuza in Hawaii. Overall net sales declined by 8.5 percent to ¥428.9 billion (approximately .89 billion), and operating income decreased by 16.8 percent to ¥48.1 billion (around million).

AppWizard

February 20, 2025

Amazon to shut down its Android app store on August 20

Amazon will phase out its Android app store, with the final operation day on August 20, 2025. Developers can no longer submit new applications for Android devices, but updates for existing apps will be accepted until the shutdown. Users can access previously downloaded apps, but functionality is not guaranteed post-shutdown. The app store will remain operational on Amazon's Fire OS devices. Amazon ceased operations of the Appstore on Windows 11 devices in March 2024. The Amazon Coins program has been discontinued, with no new purchases available and remaining balances refunded after August 20. Starting February 20, 2025, customers in the JP marketplace will be unable to make in-app purchases or earn and redeem Amazon Points on the Android app store, though they can still do so on Fire Tablets or at Amazon.co.jp.

AppWizard

February 19, 2025

Tencent’s messaging app Weixin launches beta testing with DeepSeek

Tencent Holdings Limited generates its net sales primarily from the following activities: - Development of mobile applications (54.8%), which includes online gaming platforms, instant messaging systems (notably QQ), gaming software, photo downloading applications, and online payment systems. - Development of electronic payment solutions and services (26.5%). - Online advertising services (17.1%). - Other ancillary services (1.6%). China accounts for 93% of Tencent's net sales.

Tech Optimizer

February 13, 2025

Gen Digital Planning to Sell $1.1 Billion of Senior Notes Due 2033

Gen Digital Inc. specializes in developing and marketing a comprehensive suite of cybersecurity software solutions, categorized into two primary families: Consumer Security and Antivirus Protection Solutions (64.5% of net sales) and Identity and Information Protection Solutions (35.5% of net sales). The company's net sales distribution is as follows: Americas (65.4%), Europe/Middle East/Africa (24.1%), and Asia/Pacific (10.5%).

AppWizard

February 8, 2025

TikTok to let US Android users download app via kits on its website

Oracle Corporation's net sales are broken down by activity as follows: 74.4% from software license support and cloud services, 10.3% from customer services, 9.5% from the sale of cloud and on-premise software licenses, and 5.8% from the sale of equipment. Geographically, net sales are distributed as follows: 54.9% in the United States, 7.6% in the Americas, 24.6% in Europe/Middle East/Africa, and 12.9% in Asia/Pacific.

AppWizard

November 15, 2024

PC and console sales down 46% at Embracer

Embracer Group reported a 46 percent decline in net sales for its PC and console division in the second quarter of the fiscal year, generating SEK 2.12 billion. The downturn is attributed to a sparse release schedule and mixed reception of launched titles. The company also experienced a 33 percent drop in organic growth within the sector. CEO Lars Wingefors indicated expectations of lower earnings for the year due to delays in notable releases and ongoing efforts to improve efficiency and ROI.

AppWizard

November 11, 2024

FromSoftware parent Kadokawa to expand publishing business

Kadokawa Corporation, the parent company of From Software, aims to enhance its publishing capabilities for console and PC games. The company is focused on maximizing the lifetime value of its flagship title, Elden Ring, which has sold over 25 million copies since its launch in February 2022. Sales for Elden Ring increased following the release of the Shadow of the Erdtree DLC on June 21st. Despite strong sales figures, Kadokawa anticipates that overall sales in its gaming division may not meet earlier projections due to project delays. However, for the first half of the current fiscal year ending September 30th, Kadokawa reported a 32.8 percent increase in net sales to ¥18.1 billion and a 50.8 percent rise in operating profit to ¥6.1 billion.