Huuuge, Inc. closes Q4 2022 with bookings* of USD 77.9m, representing growth of +1% QoQ and a decline of 12% YoY
Huuuge, Inc., a global game developer and publisher of free-to-play games has published its preliminary bookings figures for the 4th quarter of 2022.
According to Anton Gauffin, Founder and co-CEO of Huuuge: “We have a lot of confidence in the long term outlook of the gaming industry. As we head into a new year, the world is still experiencing turbulent times from an economic perspective. We believe one of our main advantages at Huuuge is our ability to quickly adapt to changing market realities. The resilience of our Q4 2022 bookings exemplifies this. Huuuge is generating increasingly sizable profits, and has fuel to invest in the future, positioning the company well to cope with periods of economic stress.“
According to Rod Cousens, co-CEO of Huuuge: “Huuuge is bucking the trend within a very tough market and the early initiatives we embarked on in 2022 are delivering over performance which we believe to be sustainable in 2023. We are maximizing returns on reduced revenues, and demonstrating the efficiencies of our strategies where we achieve more from less. We will continue to be cost disciplined and we anticipate our product enhancement strategy will lead to more monetisation opportunities in the future.“
* All numbers (USDm) refer to bookings excluding deferred revenues.