DoubleUGames Achieves Record-High Q2 Results for This Year... Operating Profit Margin at 33%

Global game company DoubleUGames achieved its highest-ever quarterly results.

On August 12, DoubleUGames announced through a public disclosure that its consolidated revenue for the second quarter of this year reached 210.6 billion won, up 22.5% from the same period last year. Operating profit jumped 29.0% year-on-year to 70.1 billion won during the same period.

This quarter's performance growth was driven by the casual games division. Paxie Games is currently offering over 100 game titles as of the end of last month, and global cumulative downloads surpassed 60 million as of the end of the first half of this year. The revenue from the casual games division rose 126.3% year-on-year to 27.1 billion won.

In the iGaming segment, SuprNation recorded revenue of 25.5 billion won for the second quarter of this year, representing a 17.3% increase compared to the same period last year.

The social casino segment posted revenue of 158 billion won for the second quarter of this year, a 14.3% increase year-on-year, despite the typical seasonal slowdown during this period. This solid performance is attributed to the stable operations of DoubleUCasino and DoubleDownCasino, as well as the contribution of WowGames, which was acquired in July last year.

A representative from DoubleUGames stated, "In the second half of this year, we will continue to drive sustained earnings growth by expanding the performance of new growth engines based on the stable profitability of our existing businesses."

This content was produced with the assistance of AI translation services.