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Archosaur Games

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Archosaur Games is a game developer and publisher, listed in Hong Kong, that makes and operates mobile games. It publishes financial filings such as its annual report for 2025.

Documents

Cover of Archosaur Games Annual Report 2025
Financial report178 pages

Archosaur Games Annual Report 2025

Archosaur Games, a Hong Kong-listed mobile-game developer incorporated in the Cayman Islands and majority owned by Tencent and Perfect World, reported a 14.3% revenue rise to RMB 1,304.4 million in FY 2025, driven by the launches of Dragon Raja: Cassell Gate and Immortal Skywalker in China.

  • Archosaur Games narrowed its net loss by 87.2% to RMB 36.7 million in FY 2025, driven by a 14.3% revenue increase to RMB 1,304.4 million following the launches of Dragon Raja: Cassell Gate and Immortal Skywalker.
  • Operating losses decreased significantly to RMB 91.1 million from RMB 341.4 million in 2024, primarily achieved through a 19% reduction in selling and marketing expenses while maintaining flat R&D spending.
  • Gross profit reached RMB 923.7 million, though the gross margin contracted to 70.8% due to increased commission costs paid to IP holders for licensed titles.
Archosaur GamesApr 2026