Hong Kong · Delayed Price · Currency is HKD IGG Inc Earnings Call Transcripts
Fiscal Year 2025
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Revenue declined 4% to HKD 5.5B, but net profit rose 1% to HKD 590M, with gross margin up to 83%. Core games remained stable, Fate War showed strong growth, and major IP collaborations boosted user engagement. AI adoption accelerated development and improved efficiency.
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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.