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GungHo sales grew 945% in first half of 2013

Tuesday, 30th July 2013 04:53 GMT By Brenna Hillier

Grasshopper Manufacture owner GungHo Entertainment is absolutely minting it off mobile favourite Puzzle & Dragons, but signs suggests the phenomenon is starting to fade.

The publisher released its first-half financials recently, and as translated by analyst Dr Serkan Toto, it recorded sales of $763 million, a 945.5% year-on-year increase.

This resulted in an operating profit of $460 million, up 4331.2% year-on-year.

Puzzle & Dragons is responsible for the vast majority of sales. Breaking the results down into quarterly figures, Toto found that GungHo made $4.9 million in sales per day between April and June. That’s more than double the $2 million per day it was making back in January and the $3.75 million per day it achieved in May.

Puzzle & Dragons has 17 million registered users, but GungHo noted that sales declined in July, and it expects to finish the month with a total of $138 million. That works out at $4.5 million per day, and suggests interest may be dying off a little when compared to the previous quarter.

Puzzle & Dragons will be released in Europe later this year, and a 3DS version is expected.

GungHo picked up Grasshopper Manufacture earlier this year and also owns Tenchu and Shinobido developer Acquire, among a number of mobile and casual studios.

Thanks, Joystiq.

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