Related Tags
Latest comments
Latest forum comments
News
Jowood Q1 results show loss
Posted on Monday, 9 May 2005 by Speed, source: Gamesindustry.biz
Gamesindustry.biz is reporting that Austrian publisher Jowood has released its Q1 financial results and although there's a positive cash flow and revenues were up, the overall result was a loss of $4.8m.
Revenues rose by 34 per cent to $3.1m over the same period, but a decline in sell-through and falling back catalogue sales resulted in an overall loss, according to JoWood.
The publisher did point out a positive cashflow of $0.70m, and noted that the fact it had not released a game during the first quarter would also account for the loss
The publisher did point out a positive cashflow of $0.70m, and noted that the fact it had not released a game during the first quarter would also account for the loss
In other news:
1 Comment(s)
Anonymous