Stand-alone game company Guda Mutual Entertainment applied for listing on the New Third Board and its annual profit exceeded 40 million yuan
according to the new third board review of public information disclosure, Guda Mutual Entertainment recently submitted a public transfer prospectus. According to the announcement, the game company, which mainly develops and operates stand-alone games, has made an annual net profit of more than 40 million in the past two years.
original title: annual profit 40 million Gu University Mutual Entertainment applies for listing on the new third board
according to the public information disclosure reviewed by the new third board, Guda Mutual Entertainment recently submitted a public transfer prospectus. According to the announcement, the game company, which mainly develops and operates stand-alone games, has made an annual net profit of more than 40 million in the past two years.
in terms of game research and development, Guda Mutual Entertainment adapts and reprocesses the two major domestic animations "Pig Man" and "Bear haunt" through a number of game studios to complete the development of game products. Gu University Mutual Entertainment has more types of game products and can be updated more quickly. At present, the main game products can be divided into parkour, tower defense, shooting, fighting, racing and elimination games. As of the date of signing of the public transfer prospectus, Guda Mutual Entertainment and its subsidiaries operated a total of 23 games.
in terms of game operation, Gu University Mutual Entertainment cooperates with telecom operators and channel operators to obtain revenue sharing. After years of industry accumulation, it has established a good and stable cooperative relationship with many high-quality customers such as Mobile, Telecom, Unicom and so on. China Mobile accounted for 73%, 68% and 63% of the company's sales revenue in 2014, 2015 and January-September 2016, respectively. In addition, China Unicom and China Telecom are also the company's two major customers.
in terms of performance, game software companies, as light assets, have higher net profit margins. In 2015 and September 2016, Gu University Mutual Entertainment spent more than 3 million yuan on research and development. In 2014, Guda Mutual Entertainment had an operating income of 55.1993 million yuan and a net profit of 10.854 million; in 2015, it earned 84.9507 million yuan and a net profit of 40.3499 million; from January to September 2016, it earned 90,8938 million dollars and a net profit of 405.106 million.
Edit: nancy