Earnings season is more interesting than you think

Or: what I learned about the mobile business from sitting through a million earnings calls. Featuring Take-Two, Playtika, Unity, AppLovin, Ubisoft, EA and more.

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Hello, I’m Neil, I run mobilegamer.biz. Thanks for subscribing to this newsletter.

My weekly editorial follows below this week’s stories. It’s for paying subscribers only – to read it, stick a paid sub on expenses here:

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This week’s stories:

New games digest: Royal Kingdom, Rust, Rainbow Six, more SpongeBob plus new games from Habby, Homa, Century and more

Also this week: a new King of Fighters game breaks cover and Harry Potter: Magic Awakened closes in western markets.

Unity hires new CFO, posts 18% revenue decline

Jarrod Yahes joins as CFO from Shutterstock as Unity beats Q3 earnings guidance on revenue and profitability, but posts a year-on-year revenue decline overall.

AppLovin now earning ‘over $1.5m per employee’ after monster financials

The adtech giant said it would be ‘comfortable divesting’ its games business, which includes Machine Zone and Lion Studios – and dismissed reports of a swoop for Chartboost.

Mobile now over half Take-Two’s revenue, driven by Match Factory and Toon Blast

Take-Two execs also called out growth in its hybridcasual and direct-to-consumer business during its latest financials.

Data digest: Pokémon TCG Pocket revenue, COD: Mobile’s 1bn installs, Nintendo Music downloads, earnings updates and more

We've also got snapshots of Roblox, Capcom, EA, Ubisoft and Microsoft earnings and some webstore research in this week's stats round-up.

October’s top grossing mobile games

Royal Match, LastWar and Whiteout Survival try to keep pace with Honor of Kings in the latest top grossing charts from Appmagic, which also show notable IAP earnings drops for Monopoly Go and Brawl Stars.

October’s top mobile game downloads

TikTok trends have fired two new games into Appmagic's top global downloads charts.

The soft launch games you need to know about

Take a peek at the games in testing from Dream, King, Playrix, EA, Ubisoft, Rovio and more.

Supercell to open London office as it buys Space Ape outright

Supercell expects its London office to open in spring 2025, and has been a majority investor in Space Ape since 2017.

Mike Verdu is now heading up genAI at Netflix Games

“Pay no mind to the uninformed speculation in the media about the changes in Netflix Games,” he said on LinkedIn. “What you've seen over the last several months was actually a planned transition.”

Pokémon TCG Pocket is earning over $3m per day, with $12m+ banked to date

The new Pokémon game is currently earning more than Pokémon Go after its release on October 30.

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Earnings season is more interesting than you think

Or: what I learned about the mobile business from a million earnings calls. Featuring Take-Two, Playtika, Unity, AppLovin, Ubisoft, EA and more.