BoomBit Group revenue for November 2024
- Revenue from sales: $4.49M including:
$4.46M from mobile games (-12.4% m/m) - Revenue less UA & platform fees (without blockchain projects):
$1.86M (-6.5% m/m) - 21.1M downloads
- TOP THREE games: Hunt Royale, Darts Club, Downhill Race League
| [$M] | October | November | % change m/m |
|---|---|---|---|
| Revenue from sales, including: | 5.11 | 4.49 | -12.3% |
mobile games | 5.09 | 4.46 | -12.4% |
| blockchain projects | 0.02 | 0.03 | 17.6% |
| Platform fees | 0.53 | 0.47 | -16.4% |
| User Acquisition | 2.57 | 2.16 | -16.1% |
| Revenue less UA & platform fees | 2.01 | 1.88 | -6.2% |
| without revenue from blockchain projects | 1.99 | 1.86 | -6.5% |
BoomBit Group had $4.49M (-12.3% m/m) revenue from sales in November 2024, including $4.46M from mobile games and $0.03M from blockchain projects. User Acquisition expenses decreased to $2.16M (-16.1% m/m), while platform fees amounted to $0.47M (+15.5% m/m). The Group had 21.1 million downloads and $1.88M (-6.2% m/m) of revenue, less UA and platform fees. Excluding revenue from blockchain projects, the result amounted to $1.86M (-6.5% m/m).
The most important event of November was the release of Loot Heroes. The game received strong support from Google Play and the App Store, which is why we are only now, after the store promotions have ended, starting our User Acquisition efforts. The initial results of the UA campaign look promising, the game has very good retention, and in the coming days, the spending scale for this game will increase. In the case of Clash of Destiny, we consciously decided to limit UA due to the rising cost of acquiring users for the game. We are actively working on new marketing creatives that could help us scale it again. The seasonal increase in user acquisition costs is something we observe across the entire market. During the period leading up to Black Friday and Christmas, when e-commerce activity increases seasonally, mobile advertising costs rise sharply, and for some of our games, this is not profitable. Therefore, we are currently optimizing our marketing campaigns to avoid overpaying and plan to spend those resources when the market conditions are most favorable for us.
CEO of BoomBit
In November 2024, the best top-earning games were Hunt Royale ($0.833M), Darts Club ($0.784M) and Clash of Destiny ($0.373M).
November 2024 – TOP Five
- Hunt Royale $0.833M
- Darts Club $0.784M
- Downhill Race League $0.373M
- Dawn of Ages $0.209M
- Clash of Destiny $0.175M
