revenue growth Archives

AppWizard

August 2, 2025

Cinemark 2nd Quarter Revenue Surges 28% to $941 Million Off of ‘Minecraft’ and ‘Lilo & Stitch’

In the second quarter of 2025, Cinemark reported a 28% year-over-year revenue increase, totaling million, driven by strong audience turnout for films like “A Minecraft Movie,” “Sinners,” and “Lilo & Stitch.” The revenue growth followed a challenging second quarter in 2024, which was impacted by strikes and poor box office performances of films such as “Deadpool & Wolverine,” “The Fall Guy,” and “Furiosa.” “A Minecraft Movie” grossed million domestically, contributing to matching the .6 billion total from the same period in 2023. Cinemark sold 58 million tickets during the quarter, a 16% increase from the previous year, resulting in admissions revenue of .4 million. Concessions sales generated million, with an average spend of .34 per patron. Despite the positive performance, Cinemark's stock declined 7.7% over the past five trading days, closing at .87 per share. The company also expanded its partnership with CJ 4DPlex to add 20 more ScreenX auditoriums.

AppWizard

July 31, 2025

PC’s sky-high growth has carried Japan’s games market on its back for 7 years, but the forecast is it’s set to slow down

In 2024, the PC gaming sector in Japan achieved ¥240 billion, a 16.2% increase from the previous year, while the console market was valued at ¥525 billion, experiencing a decline of 3.1%. The mobile gaming sector was valued at ¥1,742 billion, with a 5.2% increase year-on-year. Despite the overall gaming market contracting in US dollars, the PC sector grew by 7.8%. Newzoo forecasts a slowdown in PC gaming growth to 5.1% from 2024 to 2027, while console gaming is projected to grow by 6.3%. From 2018 to 2021, PC revenue grew by 12% from ¥95 billion to ¥135 billion, and from 2021 to 2024, it surged by 21.4% to ¥240 billion.

AppWizard

July 22, 2025

Newzoo: Top 20 PC/Console Games of June 2025 by Revenue and MAU

Newzoo's market analysis indicates a significant shift in the gaming landscape across the US, UK, Spain, Germany, Italy, and France, with an increase in new titles in revenue rankings and monthly active users (MAU). In June, notable revenue rankings included: - Dune: Awakening at 5th place - Rematch at 9th - Death Stranding 2: On the Beach at 15th - SCUM at 17th - Deltarune at 20th - Valorant climbed to 7th place due to its 5th anniversary. - A collaboration between Dead by Daylight and Five Nights at Freddy's achieved the highest monthly revenue growth since April 2020. - Rematch and SCUM are independent IPs, while others are based on established franchises. Platform-specific revenue rankings showed: - MindsEye entered PlayStation's top sales at 18th despite a 2.3 out of 5 rating. - Lies of P rose to 20th due to its prequel release. - On PC, newcomers included Dune: Awakening (#1), SCUM (#7), Rematch (#8), Deltarune (#13), PEAK (#10), Stellar Blade (#14), and Date Everything! (#17). - Nintendo platforms featured Mario Kart World at 2nd, Deltarune (9th), Cyberpunk 2077 (14th), and Date Everything! (15th). In MAU rankings: - Elden Ring Nightreign and Splitgate 2 were among late-May releases. - Rematch was included, likely counting its closed beta audience. - PEAK ranked 5th on PC, surpassing games like Marvel Rivals, Valorant, and Overwatch. - For Nintendo Switch 2, new titles included Mario Kart World (1st), Nintendo Switch 2 Welcome Tour (8th), and Deltarune (20th).

AppWizard

June 14, 2025

Meta’s Threads app to test direct messaging in some countries

Meta Platforms is rolling out direct messaging on its Threads app, starting in select markets like Hong Kong and Thailand, to boost user engagement. The feature will not be encrypted initially. Threads, launched in 2023, has over 350 million monthly active users but is not expected to significantly drive revenue growth by 2025. eMarketer projects a 17.5 percent increase in U.S. monthly active users for Threads, reaching 60.5 million, while X is expected to decline by 14.4 percent to about 50 million users.

Tech Optimizer

June 2, 2025

Snowflake enters enterprise PostgreSQL market with acquisition of Crunchy Data

Snowflake has acquired Crunchy Data, known for its enterprise PostgreSQL solutions, during the Snowflake Summit 2025 in San Francisco. PostgreSQL holds a 49 percent market share among developers, making it the most favored database choice. The acquisition aims to meet the growing demand for enterprise-grade PostgreSQL solutions for AI applications. Crunchy Data specializes in secure, compliant PostgreSQL solutions, including FedRAMP compliance for government contracts. The integration will enhance Snowflake Unistore, which combines transactional and analytical data. Snowflake Postgres, designed for transactional applications requiring PostgreSQL compatibility, will enter private preview soon, pending regulatory approval.

BetaBeacon

April 23, 2025

Most top-selling Meta Quest games all share one key trait

Meta Quest has revealed the top 50 best-selling games on their platform, with a variety of genres represented. AAA games like Assassin's Creed Nexus and Metro Awakening did not make the list, while original and immersive games like The Walking Dead: Saints & Sinners are among the top earners. The top 3 titles are free-to-play games, indicating that VR gamers are looking for new and exciting experiences. Originality and immersion are key factors in the success of VR games on the Meta Quest platform.

BetaBeacon

March 5, 2025

Xsolla introduces Offerwall Solution to boost game revenue and player engagement

Xsolla has introduced Xsolla Offerwall, a solution that allows developers to create a balanced monetization strategy by offering players virtual rewards for completing quests or actions from advertisers.

AppWizard

February 28, 2025

Can alternative app stores break through?

Amazon will close its Android App Store on August 20th, preventing developers from submitting new applications. Epic Games reported an 18% year-over-year decline in player spending on PC, amounting to 5 million in 2024, despite increased user accounts. Alternative app stores face challenges in competing with established platforms like Apple’s App Store and Google Play. Companies like Huawei and Samsung have large user bases but struggle to generate significant revenue in Western markets. Alvaro Pinto, co-founder of Aptoide, notes that Amazon's closure occurs as the app distribution ecosystem is evolving, suggesting potential for new marketplaces despite existing hurdles. The upcoming Pocket Gamer Connects San Francisco event on March 17th to 18th will discuss insights on alternative app stores and direct-to-consumer practices.

AppWizard

February 12, 2025

Revenue up 49% at Remedy for 2024

Remedy, the Finnish games company, reported a 49.3% increase in revenue for the 2024 financial year, totaling €50.7 million, up from €33.9 million in 2023. The operating profit was negative at €4.3 million, an improvement from the previous year's deficit of €28.6 million. Alan Wake 2 sold over two million units. The company generated €12.3 million from operations, recovering from a €16 million loss the previous year. In Q4 2024, revenue rose 13.1% to €11.7 million. Development fees increased due to ongoing projects for Max Payne 1&2 Remake and Control 2, while royalties declined. By the end of 2024, Alan Wake 2 had recouped its costs and started generating royalties. The fourth quarter operating profit was €-1.4 million, improving by €11.4 million from the previous year's €7.2 million impairment loss related to Vanguard.

AppWizard

February 3, 2025

Silent Hill 2 drove Konami’s games revenue up 32% by Q3

Konami's video game division reported a 32 percent increase in revenue for the nine months ending December 2024, largely due to the successful remake of Silent Hill 2. The Digital Entertainment segment generated ¥228.9 billion (approximately .4 billion), with a profit of ¥80.8 billion (around million), exceeding the forecast of ¥80 billion for the financial year. This sector now accounts for 73.6 percent of Konami's total revenue, up from 68.5 percent the previous year. The Silent Hill 2 remake shipped two million copies by January 2025, and the eFootball series has over 800 million downloads.