BoomBit Group revenue for March 2023
- Revenue from games: $5.21M (incl. 0.1 from blockchain projects)
- Revenue less UA & platform fees: $1.91M
- 17M downloads
- TOP 3 games: Hunt Royale, Darts Club, Falling Art Ragdoll Simulator
| [$M] | February | March | % change m/m |
|---|---|---|---|
| Revenue from games | 4.35 | 5.21 | +19.6% |
| Platform fees | 0.57 | 0.61 | +7.2% |
| User Acquisition | 2.42 | 2.69 | +11.3% |
| Revenue less UA & platform fees | 1.37 | 1.91 | +39.6 |
The BoomBit Group game revenues in March 2023 amounted to $5.21M (+19.6%). Revenues from mobile games amounted to $5.12M (+17.6%), and blockchain projects to $0.09M. User Acquisition expenses increased to $2.69M (+11.3%) and platform fees to $0.57M (+7.2%). The BoomBit Group revenues less UA and platform fees amounted to $1.91M (+39.6%) and the Group recorded a total number of 17 million downloads of games.
March brought us an improvement in revenues, which, with the relatively comparable levels of marketing expenditures and platform fees, allowed for a significant increase in revenue less these two items. As usual, our flagship Mid-Core games Hunt Royale and Darts Club generated the highest revenue. It is worth noting that for the first time in the monthly results report, we present revenue from blockchain games. Thanks to BoomLand’s intensive activities related to the launch of Hunters On-Chain, our new segment added almost $0.1M to the March result. In addition, at the end of February, we fulfilled the condition of the agreement with Ironsource to achieve a certain percentage of advertising revenues obtained through Ironsource mediation.
Co-CEO of BoomBit S.A.
In the past few months, many milestones have been achieved by Hunters On-Chain, BoomLand's highly anticipated game. A successful launch in March was followed by a kickoff tournament that gained much attention from the gaming communities. Among the achievements was also a successful first paid mint on Magic Eden. Hunters On-Chain also became one of the top five blockchain games in terms of unique active wallets, with almost 135,000 people creating a wallet. The number of players and hunts has continued to grow. During the tournament itself, we recorded over 220,000 hunt sessions, which is a huge success and far exceeded our expectations. Exceptional retention rates were also achieved, with a day-1 retention rate of 53.56% and a day-7 retention rate of 25.39%. The player-run economy of BoomLand was witnessed with player-to-player trading of digital collectibles hitting thousands of transactions a day. As the MainNet release approaches, new features, such as game modes, blockchain features, and LiveOps, will be released to pioneer the growth of Web3 Gaming as the next evolution of the industry. In our opinion, Hunters On-Chain is currently the best blockchain game available to web3 players.
Co-CEO of BoomBit S.A.
In March 2023, the best top-earning games were Hunt Royale ($1.92M) and Darts Club ($0.52M). Revenue from Hyper-Casual games amounted to $1.92M and accounted for approximately 37% of the BoomBit Group’s revenue structure. Falling Art Ragdoll Simulator, similarly to February, generated the highest revenue ($0.25M) among Hyper-Casual games.
March 2023 – TOP 5
- Hunt Royale $1.924M
- Darts Club $0.520M
- Falling Art Ragdoll Simulator $0.249M
- Car Driving School Simulator $0.177M
- Construction Ramp Jumping $0.172M
