AppMagic: Peak Games Earned Over $5B - and Returned to Growth
Toon Blast doubled its revenue recently, and Match Factory! is a big success.
97% of the company's revenue came from two projects - Toon Blast (60%) and Toy Blast (37%).
In October 2023, Toon Blast returned to growth. Monthly IAP revenue (after platform fees and taxes) increased from $13 million to $26 million and seems to have reached a new plateau.
Another factor contributing to the return to growth was the release of Match Factory! in September 2023. The game reached a level of $15 million in monthly IAP revenue (after taxes and fees).
❗️In reality, the company's revenue is even higher because advertising revenue is not being counted.
