Snail Earnings Call Transcripts
Fiscal Year 2026
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Q1 2026 delivered strong revenue and profit growth, driven by ARK franchise sales and new content. Three AAA titles near launch, SaltyTV expanded rapidly, and the USDO stablecoin platform is readying for market entry.
Fiscal Year 2025
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2025 saw strong ARK franchise engagement, a robust content roadmap, and 32.7% unit sales growth, but net losses due to higher expenses and non-cash tax charges. Revenue is projected to grow 20%-30% in 2026, driven by new AAA titles and expansions.
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Q3 2025 saw lower net revenue due to deferred revenue, but bookings and engagement rose, especially in the ARK franchise. The upcoming ARK: Lost Colony launch and stablecoin project are expected to drive a strong Q4 and future growth.
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A leading sandbox survival game publisher reported $85M in 2024 revenue and robust user engagement, with a 54% DLC conversion rate and plans for major releases through 2026. The company is pioneering stablecoin integration and expanding into short-form video and transmedia content.
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The company dominates the survival gaming genre with its ARK franchise, which drives 85% of revenue and has generated over $950 million in sales. Expansion into new games and a pioneering stablecoin initiative are set to diversify revenue and deepen player engagement.
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Q2 2025 saw strong bookings and engagement growth, driven by ARK franchise events and new content, but net loss widened due to higher costs and a deferred tax asset valuation allowance. The company launched a stablecoin initiative, expanded its indie portfolio, and began capital formation for digital asset growth.
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Q1 2025 revenue rose 42.5% to $20.1M, led by ARK franchise growth and mobile expansion. Net loss was $1.9M as costs rose, but bookings and engagement hit new highs. Strategic moves include a Mega Matrix MOU for short dramas and continued portfolio diversification.
Fiscal Year 2024
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Q4 2024 revenue declined year-over-year, but full year revenue and net income improved due to deferred ARK DLC revenue and Bellwright sales. The ARK franchise remains the main driver, with new DLCs and mobile launches, while several new titles are set for 2025.
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Q3 2024 delivered robust revenue and net income growth, fueled by new ARK DLCs and Bellwright's successful launch. Bookings and EBITDA improved significantly, with strong player engagement and a healthy cash position.
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Q2 2024 saw a 146.7% year-over-year revenue increase, driven by new game launches and strong ARK franchise engagement. Net income turned positive, and the company plans further AI integration, content updates, and new game releases through 2025.