Gamania Group (Ticker: 6180:TT) today announced its 2023H1 financial results in accordance with IFRS:

The 2023Q2 consolidated revenue was NT$2 billion, YoY-14%, resulting from the decrease of game revenue; gross profit was NT$760 million, YoY-20%. Operating income was NT$45 million, YoY-84%, led by the increasing R&D inputs which focused on in-house game development and abundant IP content. The net income to owners of the parents was NT$67 million, YoY-73%, and EPS was 0.38.

The 2023H1 consolidated revenue was NT$5.1 billion, YoY-12%, since the game updates were on a smaller scale yet MAUs in games remained stable. The revenue of other businesses kept growing, which demonstrated a successful diversified operation. Gross profit was NT$2 billion, YoY-20%; operating income was NT$495 million, YoY-53%. The net income to owners of the parents was NT$403 million, YoY-48%, and EPS was 2.3.