IGG achieved a significant financial turnaround in 2024, with net profit surging to HK$582.6 million from HK$73.1 million in 2023 on total revenue of HK$5.74 billion.
02
The company successfully diversified its revenue beyond traditional gaming, as its APP business generated HK$1.1 billion and reached 62 million monthly active users.
03
Growth was driven by the sustained performance of flagship title Lords Mobile alongside the successful scaling of new games Doomsday: Last Survivors and Viking Rise.
04
IGG maintains a strong balance sheet with HK$2.25 billion in cash and cash equivalents and no interest-bearing borrowings, supporting shareholder returns of HK14.9 cents per share in dividends and HK$47 million in share repurchases.
05
The company is actively integrating artificial intelligence into research, development, and user acquisition to mitigate rising marketing costs and improve operational efficiency.
06
IGG plans to continue its growth trajectory in 2025 by launching three new game titles and further optimizing its APP platform.
Insights
01
IGG achieved a significant financial turnaround in 2024, with net profit surging to HK$582.6 million from HK$73.1 million in 2023 on total revenue of HK$5.74 billion.
02
The company successfully diversified its revenue beyond traditional gaming, as its APP business generated HK$1.1 billion and reached 62 million monthly active users.
03
Growth was driven by the sustained performance of flagship title Lords Mobile alongside the successful scaling of new games Doomsday: Last Survivors and Viking Rise.
04
IGG maintains a strong balance sheet with HK$2.25 billion in cash and cash equivalents and no interest-bearing borrowings, supporting shareholder returns of HK14.9 cents per share in dividends and HK$47 million in share repurchases.
05
The company is actively integrating artificial intelligence into research, development, and user acquisition to mitigate rising marketing costs and improve operational efficiency.
06
IGG plans to continue its growth trajectory in 2025 by launching three new game titles and further optimizing its APP platform.