InnoGames hits EUR 1bn mark in lifetime revenue (FOTO)

Hamburg (ots) -

InnoGames, Germany's leading developer and publisher of online and mobile games
and part of Modern Times Group MTG, has reached the EUR 1bn lifetime revenue
mark. InnoGames has achieved double-digit percentage revenue growth year over
year since the company launched in 2007. Forge of Empires contributed more than
EUR 500m to the lifetime achievement, followed by InnoGames' classics such as
Grepolis and Tribal Wars with more than 100m EUR each. Elvenar, launched in
2015, has also contributed significantly to the milestone achievement and
continues to catch up fast. InnoGames' growth was primarily fueled by the
company's strategic transition to mobile and its ongoing live-operations and
content updates. Today, mobile makes up half of InnoGames' total revenues and is
the main driver for growth.

"Our keys to success are our world-class teams and our high-quality approach,
especially in live operations. We are one of the few companies that achieved to
deliver long-lasting entertainment experiences to players around the globe on
desktop and mobile devices alike," says InnoGames' CEO Hendrik Klindworth. "We
would like to thank everyone who contributed to this exciting milestone and,
ultimately, our players for their loyalty. Moving forward, we will continue to
focus on creating great new games and expanding our existing titles," continues
Klindworth.

While the company's performance on browser continues to develop sustainably, the
mobile share is expected to increase even further. Since 2015, revenues from
mobile devices grew on average by 56% year over year and the majority of player
registrations are on mobile platforms.

As the first company in the industry, InnoGames completed the automated
conversion from Flash versions of its browser hits to HTML5 to ensure the
longevity of the games when Adobe discontinues the support for Flash in 2020.
Combined with the mobile apps, players can enjoy the games cross-platform,
requiring only one account.

"The lifetime revenue achievement is another proof point for our strategy and
our successful transition to mobile. Our cross-platform approach allows us,
especially on browser, to capitalize on strong margins. Simultaneously, we are
enjoying high growth rates on mobile," summarizes Klindworth.

The biggest markets in terms of revenues for InnoGames (since 2007) have been
the United States, Germany and France. Until today, all games in InnoGames'
portfolio have been played around the world for an equivalent of 337,723 years.
InnoGames is a part of international esport and gaming strategic holding company
Modern Times Group (MTG) since October 2016.

About InnoGames

InnoGames is Germany's leading developer and publisher of mobile and online
games. The company based in Hamburg is best known for Forge of Empires, Elvenar
and Tribal Wars. InnoGames' complete portfolio encompasses seven live games and
several mobile titles in production. Born as a hobby, InnoGames today has a team
of 400 employees from more than 30 nations who share the passion of creating
unique games that players across the globe enjoy for years.

Contact:
Peter Meyenburg
Head of PR

Phone: +494078893350
Mobile: +4915144349840
peter.meyenburg@innogames.com

Original-Content von: InnoGames GmbH, übermittelt durch news aktuell