KamaGames updates market on its company and financial data
News on 16 Mar 2018
News on 16 Mar 2018
Revenues up 63.4 percent year-on-year at games developer.
Irish online gambling games developer KamaGames has updated the market on its company and financial achievements, highlighting:
* Gross revenue up 63.4 percent y-o-y at $57.5 million in 2017;
* Revenue growth over the past 6 consecutive quarters;
* Over the last year, the company has significantly increased its key metrics such as Average Revenue Per Paying User (ARPPU), share of paying users, and number of Daily Active Users (DAU);
*The flagship title Pokerist, is currently ranked around the No.3 spot within social poker mobile games, alongside Zynga Poker and WSOP from Playtika when it comes to daily active users and revenue;
* KamaGames has launched new game mechanics via various Party Modes. These modes have increased average hands played from 15 percent to 20 percent;
* The developer engages with players via different game events every day including Weekly Tournaments, Party Modes, and a number of various other table tournaments in both poker and in roulette. There are also sales, bonuses, and giveaways. The success of these activities and the level of player engagement is shown by the increase in retention of 5 percent in 2017;
* Kama has multiple games in 1 app allowing players to cross between various different games taking their profile, chip balance and friends list with them. 51 percent of daily active users play at least two games;
* Games within the portfolio are designed to complement each other and help increase user metrics which are Retention, Paying Users Percentage and ARPPU;
* ARPPU grew by 30 percent throughout 2017 with the share of paying users growing by 6 percent in the same time period;
* The company is currently acquiring an average of 1.5 million new players every month, with plans to drive that number significantly higher by the end of 2018. The DAU count is up to an average of 414,500 vs 305,000 in 2016 which is a 35.9 percent increase. At the time of writing the DAU number was over 510,000.
