Financials: Gameloft Q4 2007
Gameloft announced their fourth quarter financial results and announced
to have reached their targets for 2007, with € 25,8 million in sales to
close the year with.
The € 25,8 million in sales already show a growth of 19% compared to 2006. On a comparable exchange rate basis the fourth quarter growth would have reached 26%. The sales of downloadable mobile games reached € 90,2 million during 2007, an increase of 45%.
Demographics
For the full year, Europe is again the leading market for Gameloft. Gameloft generated 44% of their sales in the EU territory. The US follows at 34% and the rest of the world at 22%. In the fourth quarter, the North-American market slowed down in growth, partly due to the declining value of the dollar.
2007 Highlights
- 200 Mobile Games in catalogue
- 1.200 supported handsets
- Distribution in 80 countries
- 180 direct distribution agreements with operators
- 4.000 employees compared to 2.000 in 2006.
2008 Expectations
- 70~80 game releases
- Extended iPod support
- Extended Nintendo DS support
- Extended XBLA support
- 25%~30% sales growth
- 10%~15% operating margin(excluding employee stock based compensation)
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