IGG Inc Earnings Call Transcripts
Fiscal Year 2026
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Revenue grew 6% year-on-year to HKD 2.9 billion, led by Doomsday: Last Survivors, while net profit dipped 4% due to higher R&D and admin expenses. Gross margin rose to 85%, and a 60% profit payout was declared. New SLG titles and margin expansion are expected in H2.
Fiscal Year 2025
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Revenue for 2025 was HKD 5.5 billion, down 4% year-over-year, while net profit rose 1% to HKD 590 million. Core games remained stable, with Doomsday and Fate War showing growth potential. AI adoption and IP collaborations improved efficiency and user engagement.
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Revenue for H1 2025 was HKD 2.72 billion, with strong growth expected in H2 from new game launches and IP collaborations. APP Business and Fate War showed robust performance, while dividends and buybacks returned 61% of interim profit.
Fiscal Year 2024
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Revenue grew 9% to HKD 5.74 billion with net profit up 697% year-over-year, driven by strong APP business and flagship games. Major upgrades and new game launches are planned for 2024, with a focus on profitability and AI integration.
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Revenue hit a record HKD 2.74 billion, up 9% year-over-year, with net profit of HKD 331 million and a 12% margin. Lords Mobile, Viking Rise, and APP business all showed strong growth, while new SLG games and APP expansion are set to drive further gains.