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May 7, 2013

WG revenue for 2012 - 218 mil. Euro

Source: http://www.newsru.com/finance/07may2013/woft.html

Not bad, Wargaming, not bad... :)

The WG branch on Cyprus 2012 revenue was declared to be 217,9 mil. Euro, with net profit of 6,1 mil. Euro, as written in the annual report for the Cypriot stock exchange. Almost all the money was gained by its superhit computer game, World of Tanks.

The WG Cyprus company was registered in 2011, it owns the rights to distribute the games of Wargaming.net, which itself was founded in 1998. World of Tanks, released in 2010, became one of the most popular games in the world, with 45 million registered users.

By the end of 2012, Wargaming was the biggest game developer company from former USSR in the world. Another notable Russian game devloper Mail.ru (multiplayer division) made cca 160 mil. USD and the biggest Russian producer of games for mobile devices, Game Insight, made 90 million.

65 comments:

  1. Nice to know my gold purchases go to help 3rd world economies :)

    EU Rodent

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    Replies
    1. Pretty much this.

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    2. You are getting there EU :)

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    3. it's a fucking fiscal paradise, what do you expect? even communist states had and still have huge amounts of money there.

      Ahhh shit at least WG improves it's game montly. There are much worse companies who are actually ruining their own games, instead of improving them. EA for example.

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    4. Belarus is a second world country actually :)
      (Yes, that is a thing)

      -Anon

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    5. Second world stopped to exist after soviet union collapse. So here are no more second world countries, only 1st and 3rd.

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    6. I don't know how up-to-date this site is, but it claims that Belarus is still a second world country
      http://www.nationsonline.org/oneworld/second_world.htm

      -Anon

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    7. It says on that very site:

      "There is no official definition of the first, second, and the third world."

      So there you have it - you can continue to argue about it if you want, but it is literally arguing about nothing. There isn't one thing you can't buy or do in Belarus that you can here in the US.

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    8. Can two men get partnered or married in Belarus?

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    9. Gay marriage is not the sign of progress, but society degeneration. I really wouldn't bring this into it.

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    10. Are you kidding me? They are ruining this game every update. Instead of focusing on really important things, they can only push new tanks in tech trees. That`s pathetic for sure.

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    11. I do not get all this bitching.

      You have here very entertaining game, which is being continually developed and therefore remains interesting. And on top of that you do not have to pay anything and still can very well enjoy playing it.

      That SerB is idiot, who enjoys showing off? And what? It is still better than no communication at all. I am actually really positively surprised that they keep such level of communication with the player base. I would not have anticipated such approach from Russians, whatever their color.

      So what is your problem? So much emotions about one game, especially free to play. People, have you noticed that it actually is just a game? There is real life outside and there are issues which are worth your trouble.

      polyarmus

      PS: I am not saying that things cannot be improved.

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    12. Frank. Please focus on the translations only and keep your retarded opinions to yourself, thanks.

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    13. AnonymousMay 8, 2013, 10:40:00 AM is right. Take a look at companies such as EA or Activision. They only care to talk with their community only when there's a new game about to launch. And after that, it's fuck you buy our next game if you want that bug/glitch/gameplay breaker stuff changed.

      I have to say that even with the swears, trolling etc WG does a nice thing talking with it's community.

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    14. >Frank. Please focus on the translations only and keep your retarded opinions to yourself, thanks.

      wolololol are you trying to tell him what to do on his own blog? wolololol

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    15. Bitching about someone being against gay "marriage"? He's prolly butthurt... see what I did there? :D

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    16. I fully support Frank on this.

      There'a big difference between tolerance and retardenss.

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    17. Yeah well.. stupidity and ignorance in this blog should stay bound to wot pls :P

      chrisescobar

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    18. OK, to everyone, please. I don't know why that Anonymous asked the question of marriage in the first place but I think that this is too descriminating. One person has one opinion, the other has another opinion. I aint gay but i support gay marriage, cause it aint a big deal if 2 men OR 2 women get married. No need for everyone to start flaming around. Its a part of society, and nothing can change it, who are we to tell whats right and whats wrong?
      @Frank: I love your blog and everything, but saying that this kind of marriage is society degenaration..not the right choice of words :P But it doesn't matter ;)

      -EmperorSafirius

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    19. Heh.... "the west" being butthurt about gay marriage? The same west overrun by immigrants (Londonistan ftw, Copenhagen and Oslo...), the same west totally broke (Italy, say hi to Spain and Greece)? The same communist-led west that has laws on EU level about how curved a cocumber should be? And YOU ask others to educate themselves, when your own world is crumbling?

      Being enlightened and not supporting Christian (or muslim) dogmas does not mean you have to shift to the other extreme, acting as being gay is cool and as if nothing happens when such "family" adopts kids (I feel sorry for such kids in advance, school will be hell for them).

      Being tollerant to gays means you don't ask for punishing the gays like people did (and it's not so long ago when sodomy was outlawed even in the west) - I don't support that. But I hate liberals, pushing all sorts of perversions as "normal" and "cool".

      I am locking comments under this article. Any further comments on this topic I will delete.

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  2. 6m profit is actually very small.

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    1. Yea, i already feel sad for them :(...maybe if SerB stop with all trolling and insults they'll profit will increase..

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    2. They actually made 180m profit. But left it overnight in The Bank of Cyprus.

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    3. ubisoft net income - -89mln, ea net income - 76mln with total revenue around 4bln, atari net income - -3,7 mln, take2 net income - -108mln, activision net income - 1bln with total revenue around 5bln.
      So wargaming income is definitely not bad.

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    4. Well u don't really want to pay taxes when u can invest money in the development of other games/project. As now WG has a lot of open project that cost and make nothing cause still in the development stage so to be fair that profit is too high for me.

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  3. Ty for all the posts,keep up the good work :) Manijak82 EU

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  4. Well they did buy a few other companies.

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  5. As i know wg isnt stocking money, They are trying to get bigger, and
    And why SerB staying with some korean girl?

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    Replies
    1. Lol, korean girl? Those three are all European, not far east asian :P

      -EmperorSafirius

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  6. And another million made by private bussiness of mister pimp SerB.

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    Replies
    1. SerB is not the owner of WG, Victor Kisly is the Big Boss here

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  7. "By the end of 2012, Wargaming was the biggest game developer company from former USSR in the world."
    so... from former USSR or in the world? ;)

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    Replies
    1. From former USSR in the world... :)

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    2. Like a SerB! Hehe

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  8. That picture just made me puke, the high risk of realism can not be handled by my stomach. At least I can stop paying WG money now to make me feel better.

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  9. I see you've used the more comfortable version of that image ;)

    -ApplesauceBandit

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    Replies
    1. What's the uncomfortable version of it?

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  10. How old is the girl in the left? :O

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  11. SerB - Bitches'n'tanks, that's how I roll!

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  12. 6M in profit? Gee I feel sorry for them... that seems rather small. :X

    I hope they can rock it out more this year. More power to WG

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    Replies
    1. I guess it's because of their purchase of Gas Powered Games as well as development of World of Warplanes and World of Battleships

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    2. Asset purchases don't affect revenue/expenses or profit.

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    3. They reported these numbers in the past and they do included hardware/companies purchased and other investments, these are all the money they got after purchasing various companies and the usual things that come with the general term "expanding" if they still do their math/reports as they always did.

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  13. What the hell do they spend that money on to come out as low as 2.7% margins?

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    Replies
    1. Hookers and blow

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    2. Investment, client care, support and development?
      Pretty happy about all that.

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  14. Remember that some said that WG will go bankrupt if the shell exploit wasn't "fix". Really, some ppl are that naive.
    _FALX_EU

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  15. Hehe, that picture made my day :D

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  16. This comment has been removed by the author.

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    Replies
    1. The question is, whether these results are consolidated, or whether WG stand alone. For example WoWs is being developed by daughter company, but we do not know whose daughter it is :-)

      If we assume that 90% of the revenues comes from WoT, than it means approx 4,36 USD pear registered user per year. Taking in account that probably not more than half of the registered users is actively playing, it gives us around 8 USD pear head? Not bad for a game, where you do not have to actually pay anything.

      polyarmus

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  17. Great, and I thought my money were supporting developement, but SerB is spending it all on easy girls :(

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  18. This is the after tax report for Wargaming public Co ltd which only owns the rights to publish World of Tanks et al.
    Wargaming.net LLC is London based and owns the Cypriot arm.
    Viktor Kislyi is the CEO of them all.
    He is the big Cahuna and not The person that we associate with WOT (Serb).

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    Replies
    1. I think you're the only person that thinks about SerB like that, everyone knows he is "the lead", but not "the man", "the man" is the guy that likes to drive Maus on Malinovka, he shall always be remembered.

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  19. Isn't that picture of SerB a photoshop job? Looks fake to me.

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    Replies
    1. Sure it is. The face job is quite ok, but the tank was not very well done.

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  20. Wargaming making a profit is a good thing if you're playing the game. It's when thye start to get into trouble and do anything to bring cash in that you will get desparate P2W elements troqn at the game.

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  21. Damn, is he using this T110 as a vibrator in (most likely) the sexual game that is going to happen after this picture was taken?

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    Replies
    1. After the pic was taken, he sat on a rug and started to play his toy tank, while the girls were making out on sofa.

      Delete
  22. AnonymousMay 8, 2013, 12:12:00 PM
    Frank. Please focus on the translations only and keep your retarded opinions to yourself, thanks.

    DUDE,READ OR GTFO,how about I go into your house and tell you what to do or say.
    This is SS blog.

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  23. Cyprus.. hmm.. seems a bit fishy to me..

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  24. Suprisingly low actually. I was under the impression that WoT was almost a license to print money.

    taattis.

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  25. LOL, nice pimp pic,

    jtb

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