Torchlight
Game
Documents about Torchlight
XD Inc. 2025 Annual Report
The 2025 Annual Report for XD Inc. details a year of significant financial expansion and operational maturation for the company, which operates primarily within the Chinese gaming and platform distribution sectors.
- XD Inc. achieved a 15% year-over-year revenue increase to RMB 5.76 billion and an 86% surge in net profit to RMB 1.66 billion in 2025.
- The company maintains a strong financial position with RMB 3.77 billion in liquidity, a 22.5% gearing ratio, and zero outstanding borrowings following the redemption of its 2021 convertible bonds.
- Gross margins improved to 73.8%, driven by increased advertising efficiency and a dual-engine strategy leveraging the TapTap platform alongside self-developed titles like Ragnarok M: Classic and Etheria: Restart.
XD Inc. Annual Results Announcement: 2022
XD Inc. demonstrated significant operational growth throughout 2022, characterized by a 26.9 percent increase in total revenue to RMB 3.43 billion.
- XD Inc. reported 2022 total revenue of RMB 3.43 billion, a 26.9% increase driven by a 22% rise in game-related revenue from titles like Sausage Man, T3 Arena, and Torchlight: Infinite.
- The company narrowed its net loss to RMB 574 million, representing a 37.4% improvement over the previous year through disciplined cost control and R&D optimization.
- TapTap platform growth remained a key strategic pillar, with average monthly active users increasing by 31.3% during the year.
Embracer Group Enters into Agreement to Acquire Perfect World Entertainment
Embracer Group has entered into a definitive agreement to acquire Perfect World Entertainment (PWE) from Perfect World Europe B.V.
- Embracer Group is acquiring Perfect World Entertainment (PWE) and its subsidiary Cryptic Studios for $125 million, consisting of $60 million in cash and $65 million in shares.
- The acquired assets will be integrated into the Gearbox Entertainment business unit, with PWE’s publishing arm merging into Gearbox Publishing and Cryptic Studios remaining a standalone brand.
- The acquisition is projected to generate SEK 700 million in net sales for 2021, with operational EBIT expected to reach breakeven by the 2022/2023 fiscal year.
Annual Results Announcement: 2025
XD Inc. achieved substantial financial growth throughout the 2025 fiscal year, characterized by a 15% increase in total revenue to RMB 5.76 billion and a significant surge in profit attributable to equity holders, which reached RMB 1.54 billion.
- XD Inc. reported a 15% increase in total revenue to RMB 5.76 billion and a profit of RMB 1.54 billion for the 2025 fiscal year.
- Gaming revenue grew by 10.5% driven by titles like Heartopia and Torchlight: Infinite, while the TapTap platform saw a 24.7% revenue increase.
- Operational efficiency improved significantly, resulting in a 73.8% gross margin and a reduced gearing ratio of 22.5%.
Companies behind it
As the documents state it.