InnoGames reports revenue growth of 24% last year, up to €161.5m

first_imgInnoGames reports revenue growth of 24% last year, up to €161.5mTen years of consecutive growth for German mobile publisher and developer Haydn TaylorSenior Staff WriterTuesday 20th February 2018Share this article Recommend Tweet ShareCompanies in this articleInnoGamesLeading German mobile developer and publisher InnoGames has today announced record-breaking revenues of €161.5 million for 2017.With revenues up by 24% on the year prior, fuelled primarily by a 62% increase on mobile, 2017 marks the company’s tenth year of consecutive growth. Browser games remained intrinsic to the InnoGames’ success last year, with revenues up by 11% to €107 million. The company also confirmed an EBITDA margin of 25%, increasing its overall profitability. InnoGames’ reported a 15% increase in play time and an additional 13% in daily active users across its entire portfolio. Its flagship titles Forge of Empires and Elvenar saw revenue increases of 36%, with mobile as the main growth drivers. Related JobsSenior Game Designer – UE4 – AAA United Kingdom Amiqus GamesProgrammer – REMOTE – work with industry veterans! North West Amiqus GamesJunior Video Editor – GLOBAL publisher United Kingdom Amiqus GamesDiscover more jobs in games Meanwhile, Elvenar’s mobile version successfully launched onto iOS and Android in November 2017 and is expected to scale over the coming year. “The keys to our success definitely are our teams, our high-quality, data-driven approach and, ultimately, our games,” said InnoGames’ CEO Hendrik Klindworth. “We are focusing on the development of new mobile titles to further invest in future growth while optimising our existing titles. I want to take the opportunity to thank all the players and everyone who contributed to another record-breaking year for InnoGames.”Celebrating employer excellence in the video games industry8th July 2021Submit your company Sign up for The Daily Update and get the best of GamesIndustry.biz in your inbox. Enter your email addressMore storiesMTG increases investment in InnoGames, forms new holding companyGamingCo will include MTG’s entire gaming business, including KongregateBy Rebekah Valentine 5 months agoForge of Empires reaches €500m in lifetime revenueInnoGames’ strategy title brought in over €250m in the last two yearsBy Rebekah Valentine A year agoLatest comments Sign in to contributeEmail addressPasswordSign in Need an account? Register now.last_img

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