Gameloft Q4 2012 revenues up 23% year-over-year to €57.7M, fiscal year revenues up 27% year-over-year to €208.3M
French mobile developer Gameloft today posted yet another record earnings today, reporting record sales of €57.7 million ($77.8 million) in Q4 2012, up 23 percent year-over-year and up 4.2 percent since last quarter. Fiscal year 2012 revenues totaled €208.3 million ($280.9 million), up 27 percent from €164.4 million ($221.7 million) in 2011.
The company’s smartphone and tablet sales for Q4 grew by 66 percent year-over-year, accounting to 56 percent of the studio’s revenues, up from 41 percent in Q4 2011.
Gameloft attributed its Q4 2012 performance to recent game releases like Modern Combat 4: Zero Hour, World at Arms, My Little Pony and Playmobil Pirates as well as older titles such as Ice Age Village, Order & Chaos Online, The Amazing Spider-Man and Asphalt 7: Heat.
The North American region continued to be the most lucrative region, which attributed to 31 percent of sales in 2012. Europe and the Middle East accounted for 27 percent of sales, Asia pacific for 22 percent and Latin America for 20 percent.
Unlike previous quarterly earnings reports, Gameloft didn’t reveal any figures for its earning estimates in 2013. Instead, Gameloft “anticipates solid growth of sales and results in 2013.”
Gameloft stock went up by a sliver since releasing its Q4 2012 earnings, closing trading today at €5.24 ($7.07) a share, leaving the game studio with a market cap of €416.7 million ($561.9 million).