Updated Mar 17, 2026 by IGG
IGG Inc. achieved a 68.2% year-over-year revenue increase to $51.3 million and an adjusted profit growth of 74.2% to $11.5 million during the first nine months of 2013.
The company successfully pivoted to mobile gaming, with mobile revenue share rising from 2.3% to 33.5% of total earnings by the end of Q3 2013.
The July 2013 launch of Castle Clash was the primary growth driver, generating $7.2 million in gross billing and reaching 5.2 million monthly active users within its first few months.
Following a net loss caused by preferred share fair value adjustments, the company achieved a $4.5 million profit in Q3 2013 after converting all redeemable convertible preferred shares into ordinary shares.
IGG Inc. completed its listing on the Hong Kong Stock Exchange's Growth Enterprise Market, with a controlling shareholder group retaining a 34.10% stake.
The company’s global player base surpassed 90 million accounts by the end of the third quarter of 2013.
Reflecting strong financial health post-IPO, the company issued a special dividend of approximately $4.9 million in October 2013.
IGG Inc. achieved a 68.2% year-over-year revenue increase to $51.3 million and an adjusted profit growth of 74.2% to $11.5 million during the first nine months of 2013.
The company successfully pivoted to mobile gaming, with mobile revenue share rising from 2.3% to 33.5% of total earnings by the end of Q3 2013.
The July 2013 launch of Castle Clash was the primary growth driver, generating $7.2 million in gross billing and reaching 5.2 million monthly active users within its first few months.
Following a net loss caused by preferred share fair value adjustments, the company achieved a $4.5 million profit in Q3 2013 after converting all redeemable convertible preferred shares into ordinary shares.
IGG Inc. completed its listing on the Hong Kong Stock Exchange's Growth Enterprise Market, with a controlling shareholder group retaining a 34.10% stake.
The company’s global player base surpassed 90 million accounts by the end of the third quarter of 2013.
Reflecting strong financial health post-IPO, the company issued a special dividend of approximately $4.9 million in October 2013.