Vivid Games reported results for November. The company is finishing work on the first version of the Real Boxing 3 prototype.
Vivid Games reported results for November.
The company is finishing work on the first version of the Real Boxing 3 prototype.
In November, the company generated revenues of PLN 1.52 million and recorded a net profit of PLN 20,000. Cumulative EBITDA is PLN 3.25 million. Last month, the Company continued work on projects created in partnership with BoomBit S.A. (Boxing Ring) and an FMCG company (endless runner game). However, management's greatest emphasis is on the development of Real Boxing 3. In Q1, the prototype will go to the first soft-lauch tests.
"The results for November are in line with our projections. In addition to promoting live-ops campaigns for titles in our current portfolio, we continue to work on the Boxing Ring - Clash of Warriors game being developed in cooperation with BoomBit S.A.. At the beginning of the new year, we also want to present a prototype of Real Boxing 3 to potential business partners, which will demonstrate its commercial and technological potential. The project is crucial from the point of view of the Company's development in the following periods, and gaining a business partner may translate into accelerating the work on the next titles announced in the strategy as well" - emphas Piotr Gamracy, CEO of Vivid Games.