BoomBit Group revenue for May 2024
- Revenue from sales: $4.19M including:
$4.14M from mobile games and $0.05M from blockchain segments - Revenue less UA & platform fees: $1.42M including:
$1.37M without revenue from blockchain projects - 18.8M downloads
- TOP THREE games: Hunt Royale, Darts Club, Falling Art Ragdoll Simulator
| [$M] | April | May | % change m/m |
|---|---|---|---|
| Revenue from sales, including: | 4.41 | 4.19 | -4.9% |
mobile games | 4.34 | 4.14 | -4.4% |
| blockchain projects | 0.07 | 0.05 | -30.4% |
| Platform fees | 0.30 | 0.38 | 27.5% |
| User Acquisition | 2.46 | 2.39 | -2.8% |
| Revenue less UA & platform fees | 1.65 | 1.42 | -13.8% |
| without revenue from blockchain projects | 1.58 | 1.37 | -13.1% |
The BoomBit Group had $4.19M (-4.9%) revenue from sales in May, including $4.14M from mobile games and $0.05M from blockchain projects. User Acquisition expenses decreased to $2.39M (-2.8%), and platform fees increased to $0.38M (+27.5%). In May, the Group had 18.8 million downloads and $1.42M (-13.8%) of revenue, less UA and platform fees. Excluding revenue from blockchain projects, the result amounted to $1.37M (-13.1%).
The decline in revenue and the costs of marketing are associated with worse outcomes in Hyper-Casual games. Recently, we have observed lower profitability of the campaigns conducted. This particularly affects the social network Facebook, where we are competing more than ever with large sales platforms that are driving up the cost of acquiring new users. As for Mid-Core games, the revenue from these games has increased by several percent. In Hunt Royale, we are currently building a player base ahead of the release of the highly anticipated Dark Forest update. The newly acquired users have not yet fully monetized in the game, but we expect this to occur with the release of the update, which after extended work on its final preparation, we plan for the first half of June,” says Marcin Olejarz, CEO of BoomBit. “Among the top titles in May is the game Dawn of Ages, which was released on May 9th. The performance of the game looks very promising, having generated nearly 1.5 million PLN in revenue in May alone, with a stable daily player count of around 40,000. The title will continue to be developed intensively, and we have high hopes for it.
CEO of BoomBit
In May 2024, the best top-earning games were Hunt Royale ($0.722M), Darts Club ($0.501M) and Dawn of Ages ($0.372M).
May 2024 – TOP Five
- Hunt Royale $0.722M
- Darts Club $0.501M
- Dawn of Ages $0.372M
- Car Driving School Simulator $0.235M
- Falling Art Ragdoll Simulator $0.228M
