Updated Mar 17, 2026 by IGG
IGG Inc. reported a 12.9% year-over-year revenue increase to $103.8 million for H1 2015, with mobile gaming accounting for 93.4% of total earnings.
Adjusted net income declined 22% to $26.3 million, driven by a 40.2% increase in personnel expenses and a 114.3% surge in share-based compensation.
The title 'Castle Clash' remains the company's primary revenue driver, contributing 56.4% of total earnings, while the global user base grew to 260 million accounts.
The company successfully transferred its listing to the Main Board of the Hong Kong Stock Exchange on July 7, 2015, and maintains a strong liquidity position with $161.1 million in cash.
North America and Europe are the company's largest markets, representing 38.9% and 30.8% of total revenue, respectively.
The company expanded its global workforce to 803 employees with new offices in Korea, Japan, and Thailand, and plans to launch 10 new titles, including 'Lords Online', to diversify its portfolio.
The company utilizes VIE arrangements for its Chinese operations, though management notes that the affected subsidiary, Fuzhou Tianmeng, accounts for only 0.1% of total revenue.
IGG Inc. reported a 12.9% year-over-year revenue increase to $103.8 million for H1 2015, with mobile gaming accounting for 93.4% of total earnings.
Adjusted net income declined 22% to $26.3 million, driven by a 40.2% increase in personnel expenses and a 114.3% surge in share-based compensation.
The title 'Castle Clash' remains the company's primary revenue driver, contributing 56.4% of total earnings, while the global user base grew to 260 million accounts.
The company successfully transferred its listing to the Main Board of the Hong Kong Stock Exchange on July 7, 2015, and maintains a strong liquidity position with $161.1 million in cash.
North America and Europe are the company's largest markets, representing 38.9% and 30.8% of total revenue, respectively.
The company expanded its global workforce to 803 employees with new offices in Korea, Japan, and Thailand, and plans to launch 10 new titles, including 'Lords Online', to diversify its portfolio.
The company utilizes VIE arrangements for its Chinese operations, though management notes that the affected subsidiary, Fuzhou Tianmeng, accounts for only 0.1% of total revenue.