Holiday Gift Guide »

Gameloft unveils H1 2010 results: 11% sales growth, net profit up 140%!

Categories: Announcements, Gaming
By: , IntoMobile
Friday, September 3rd, 2010 at 12:48 AM

We don’t usually post financial results of the gaming publishers but somehow Gameloft is an exception. The reason is simple – they point us to interesting trends which we (or that’s just me) think are worth sharing.

First the boring numbers – the company achieved consolidated sales of €66.6 million for H1 2010, up by 11% from the first half of 2009. Due to increase in efficiencies, Gameloft’s current operating income for the period is up 29% compared to the H1 2009, driving the operating margin from 7.6% to 8.8%. The net half-year profit stands at €5.3 million, up 140% compared to the first half of 2009!

Now the interesting stuff:

  • Gameloft is one of the biggest publishers in the AppStore and continues to invest in games for Apple’s mobile platform, iPhone/iPod Touch and iPad included. The company’s AppStore revenues grew 82% during the first half of 2010.
  • Gameloft will continue to support Android and will be launching its games for the platform.
  • Finally, they are not forgetting the feature phone users. As a result of the progressive withdrawal of a large number of competitors (which I guess are focusing on the iPhone and Android), Gameloft will launch a number of games for Java ME-enabled and Brew-powered phones and probably dominate this segment.

And if you care to know more, you can visit Gameloft’s website and look for the “investors’ corner.”

About The Author

Dusan Belic

Dusan has been using smartphones since their introduction and is now following the latest trends in the industry. The "convergence" is what he's most excited about, and writing about it is the next logical thing to do. He thinks that using a smartphone is what everyone who cares about their time should do. In addition to his interests in mobile phones, Dusan also loves to experiment with the latest web and mobile 2.0 services. The idea of accessing and managing your information from any device no matter where you are simply amazes him. Whether it's an online to-do list, note taking service or a video sharing social network, he's there to try it out. He admits though, he's still searching for the ultimate web-based organizational tool, which "sings" perfectly with the mobile PIM application. Dusan used to run SymbianWatch.com which later became part of IntoMobile. He lives in Serbia, South-East Europe, from where he edits the site on a daily basis.