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The Secret World : Funcom Profits Down Due to Crowded F2P MMO Space

Posted Mar 05, 2014 by Suzie Ford

Funcom has released its Q4 2013 financial statements. The numbers are down sharply from a year ago. According to the report, Age of Conan and The Secret World are still viable properties that make money but the revenue gain is leaner due to an increasingly crowded free to play MMO market. Funcom reported revenue of $23.6M in Q4 2012 as opposed to $21.4M in Q4 2013.

According to the Funcom Financial Report:

"The activity level decreased leading up to the November and December sale, resulting in lower revenue as expected. Player numbers and revenues from Age of Conan and Anarchy Online were relatively stable in the fourth quarter considering the competitive pressure.

Check out the full report at th link above.

Suzie Ford / Suzie is the Associate Editor and News Manager at MMORPG.com. Follow her on Twitter @MMORPGMom
 
 
 
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