Home / Uncategorized / Leaf Mobile has grown steadily by 3.8% to $ 15 million | Pocket Gamer.biz

Leaf Mobile has grown steadily by 3.8% to $ 15 million | Pocket Gamer.biz

Canadian free-to-play mobile game developer Leaf Mobile has announced its financial results for the third quarter of 2021 for the period ended September 30, 2021.

The studio reported that it had sales of $ 15 million for that period, up 3.8 percent from last year

The company’s revenue for the nine months to date reached approximately $ 51.1 million, an increase of 32.1 percent.

Adjusted EBITDA reached $ 6.3 million for the nine month period, up 16.5 percent from the same period last year.

Historically slow neighborhood

“We delivered stable results for our third quarter, which is historically our slowest quarter and the slowest for the entire mobile game industry,” said Darcy Taylor, CEO of Leaf Mobile.

“This quarter we continued to see the global reopening reinforce traditional seasonality and Apple’s adoption of app tracking transparency still working its way through the mobile marketing ecosystem.

“In response to this transition period, we kept our reduced marketing investments in our games at a more measured level through the final month of the third quarter, as we began increasing investments in user acquisition when we see positive signs of ecosystem adjustment could.” the industry as we continue to focus our resources on our growing pipeline of game launches in the fourth quarter. “

Looking to the future, Leaf released its first fourth quarter game, RuPaul’s Drag Race Superstar, on October 25th. Since then, it has exceeded 1 million downloads and has an average of 150,000 daily active users.

On November 11th, the title was rated number one role-playing or simulation game on the App Store in 44 countries.

In September, Leaf announced the development of The Office: Somehow We Manage, an RPG based on the American version of the workplace sitcom The Office.

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