Updated Mar 17, 2026 by IGG
IGG Inc. revenue grew 21.4% year-over-year to US$126.0 million in the first half of 2016, with mobile gaming accounting for 97.3% of total earnings.
Castle Clash remained the primary revenue driver, contributing over 50% of total earnings, while the new title Lords Mobile reached US$12.0 million in monthly revenue by August 2016.
Adjusted net income grew by only 3.4% to US$27.2 million, as a 51.1% increase in selling and distribution expenses for marketing and higher personnel costs offset gross profit growth.
The company maintains a balanced global revenue distribution, with North America, Europe, and Asia each contributing approximately one-third of total earnings.
The Group expanded its workforce to 910 employees and opened new regional offices in Belarus, Japan, and Thailand to support a development pipeline of ten new titles.
The company maintains a strong liquidity position with US$158.7 million in cash and no bank borrowings, while returning US$47.78 million to shareholders through dividends and share repurchases.
The Group utilizes Structured Contracts (VIE arrangements) to navigate Chinese regulatory restrictions, though these represent a minimal fraction of total revenue and assets.
IGG Inc. revenue grew 21.4% year-over-year to US$126.0 million in the first half of 2016, with mobile gaming accounting for 97.3% of total earnings.
Castle Clash remained the primary revenue driver, contributing over 50% of total earnings, while the new title Lords Mobile reached US$12.0 million in monthly revenue by August 2016.
Adjusted net income grew by only 3.4% to US$27.2 million, as a 51.1% increase in selling and distribution expenses for marketing and higher personnel costs offset gross profit growth.
The company maintains a balanced global revenue distribution, with North America, Europe, and Asia each contributing approximately one-third of total earnings.
The Group expanded its workforce to 910 employees and opened new regional offices in Belarus, Japan, and Thailand to support a development pipeline of ten new titles.
The company maintains a strong liquidity position with US$158.7 million in cash and no bank borrowings, while returning US$47.78 million to shareholders through dividends and share repurchases.
The Group utilizes Structured Contracts (VIE arrangements) to navigate Chinese regulatory restrictions, though these represent a minimal fraction of total revenue and assets.