Letter to Shareholders

The consolidated revenue of Gamania Group in 2024 was $11.08 billion, representing an annual growth of 13%. Looking into last year, the popular cloud game “Maplestory (New)” had its annual revision and created the peak of business. The contribution of the launch of the new game “Wars of Prasia” and the strong requirements for the cloud information security business allowed game and commercial businesses to record a dough-digit growth. Operating gross profit was $3.91 billion, and the operating profit was $260 million, representing an annual decrease of 60%, primarily due to the increase in one-off operating expenses, including the provision for the marketing expenses for the launch of a new game and the expenses generated from subsidiary Gash Point transferring to an affiliate, with the increase in the R&D investments of the Group in content and self-produced games. Net profit after tax attributable to owners of the parent company reached $2.07 billion, representing an annual growth of 259%, primarily due to the healthy growth of operations and the recognition of the gains on the disposal of Gash Point, driving the earnings per share to reach $11.78%.

Facing the rapid changes in the global market, Gamania Group steadily promotes the growth of its revenue through diverse deployment and innovation drivers. In terms of the game business, “Wars of Prasia” was comprehensively launched in Taiwan, Hong Kong, and Macau in 2024, and “Maplestory (New)” welcomed that revision of the largest scale over the years; both of them successfully attracted the high attention of players. Series revisions and themed collaboration activities of multiple major games (i.e., “Lineage,” “Lineage M,” and “Mabinogi (New)”) were also launched to improve the sticky factor of players.

Exhibiting agile thinking, Gamania Group adopted AI, Big Data, and platform technology as the core to establish its Innovation Laboratory, which is focusing on AI technology R&D and optimizing the business services of the Group. Meanwhile, we concurrently launched the brand Vyin AI, which caters to enterprises to create innovative business models to lay high technical barriers. In response to the popularization of AI and cloud computing, Gamania CloudForce accelerated the deployment of cloud information security and brought about a growth in the commercial business of 17%. Subsidiary HyperG also formally signed a contract with a leading IT enterprise in Vietnam for cooperation to expand into the international market. To cultivate the dynamics for original creations, MOJOIN, a comic and novel brand, has accumulated millions of readers through diverse cross-field works and achieved over 12 million subscriptions. hidol, a fan community platform, called upon over a hundred groups of cross-field IPs to reside to improve the interaction rate and expand the business opportunities of the fan economy.

In addition, with a focus on sustainable corporate development, Gamania Group won recognition from an international evaluation and was ranked 3rd among all global peers for the IMS (Interactive Media, Services & Home Entertainment) in the “2025 Sustainability Yearbook” of S&P Global, the most indicative sustainability evaluation institution worldwide, and the total score won the recognition of the Industry Mover and the top 10% sustainable enterprises while being the first game company being selected in Taiwan.

Looking ahead to 2025, popular games “Maplestory (New)” and “Mabinogi (New)” will welcome the 20th anniversary for local operations; they will join hands with “Wars of Prasia,” “Lineage M,” and other major games in improving the momentum for operations. To strengthen the competitiveness of original IPs, MOJOIN, a comic and novel brand, combined AI technologies to build new business model systems and promote joint production of Taiwan and Japan to step on the international stage. For AI innovations, Vyin AI will launch “standardized AI services” that cater to the global market to assist SMEs in the rapid deployment of AI solutions through modularized technologies. In terms of corporate services, Gamania CloudForce assisted enterprises in information security protection transformation through the new generation of MSSP (Managed Security Services Provider) services. 

Gamania Group welcomed its 30 anniversary with its business layout setting foot in six major fields, including digital games, Gamania Original, lifestyle, corporate services, AI innovations, and new media move toward a full-ecological technology enterprise. We would like to extend our appreciation to shareholders for their trust and support over the years. We will uphold the commitment to sustainable management and share the growth achievements of the Company with all shareholders through stable operating capabilities.

I wish you
The best in all your endeavors and happiness and well-being of you and your loved ones!

Chairman and President
Liu, Po-Yuan