Vivid Games presented its results for February. The company is focusing on the intensive development of the Real Boxing 3 game.
12.03.2024
Vivid Games presented its results for February.
The company is focusing on the intensive development of the Real Boxing 3 game.
The company generated PLN 1.28 million in revenue in February. EBITDA is at PLN 0.29 million, and financing is secured through, among other things, a new loan agreement concluded in February.
"February's results are slightly better than January's, despite the shorter month, which is a positive sign. However, we continue to face challenges related to the change of successive user privacy regulations. They negatively affect both the effectiveness of paid user acquisition campaigns and ad monetization" - comments Piotr Gamracy, CEO of Vivid Games. "Work on Real Boxing 3 is a priority for the Company. I will present the latest internal version of the game to potential partners during GDC in San Francisco. As part of our internal optimization, we are shifting resources between projects to maximize the potential we have and invest in projects with the highest return potential" - Gamracy adds.