Red Mile Q4 up over 1,000% YoY

By Patrick Garratt
13 February 2008 20:00 GMT


Big up the little guy. Plucky contender Red Mile has announced its fourth quarter financials, showing revenue of $5.7 million for the quarter ending December 31, an increase of 78 percent from $3.2 million in the previous quarter, and an increase of 1,033 percent from $503,000 in the same quarter a year ago. That’s some percent.

Net loss for Q4 was $2.8 million, a decrease of 71 percent from the previous quarter loss of $9.5 million and a 17 percent increase from a $2.4 million loss in the same quarter a year ago.

There was no game-related stuff in the release, but the company’s big “thing” is Sin City, of which there’s currently no release date.

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