Funcom’s financials improved in Q4 2014 but are down year-over-year

So do you want the good news or the bad news when it comes to Funcom’s financials? The good news is that the studio saw a bump in revenue in the last quarter of 2014, with The Secret World being its strongest moneymaker. The bad news is that revenues were almost half of what they were a year ago, decreasing from $21.4M in 2013 to $12.6M in 2014 due to “the ageing of the live games.”

Funcom said that the studio’s monetization of LEGO Minifigures Online has taken longer than expected. The upside is that recent promotions have caused a steady player increase and the studio is preparing to roll out the game to additional platforms.

The report said that the studio has enough to fund 2015: “Overall, Funcom’s live games continue to generate a positive net contribution to the business and investment levels are constantly reviewed and aligned with expected revenue to ensure that they will continue to contribute positively to the company in the future.”

[Source: Funcom Q4 2014 financial report]
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92 Comments on "Funcom’s financials improved in Q4 2014 but are down year-over-year"

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devin007
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devin007

Few things make this game a no play for me.
The combat boils down to builder builder builder finishing move and feels repetitive no matter what combat set you use.
The characters have monkey faces and it is almost impossible to make a semi attractive character. I really wish they used the same ones from AoC which were top drawer.
PvP is pretty terrible

mbbrazen
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mbbrazen

wild_abyss mbbrazen oh ok…yes, we mis-communicated. even though it is futile, we can continue to wish for a merchandising store…hope springs eternal.

wild_abyss
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wild_abyss

mbbrazen Oooh, miscommunication, sorry! Yes, Funcom’s support has always been prompt and friendly when I needed to contact them. WeLoveFine, on the other hand… let’s just say that I would buy TSW merch instantly if Funcom had their own webstore.

mbbrazen
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mbbrazen

wild_abyss mbbrazen Not sure why you had that experience and I don’t doubt that was your experience, but. the TSW customer service is normally excellent, both the in-game assistance as well as the online assistance. Of course, sometimes people do fall through the cracks even in a great system. When you do an online request for assistance, you get an automated response within 15 minutes, so the fact that you received no response suggests the request did not go through completely. After the automated response you get an email, again normally within 24 hours. They may not be able to fix whatever it is in that period of time, but someone gets to you. Sorry you had that experience but I think it’s an exception to the standard rather than what is normal.

wild_abyss
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wild_abyss

mbbrazen I only have one thing from them but getting customer service to even acknowledge your existence is apparently too much to ask from them. That, and less than six months later the teeth of zipper on the sweater I bought just starting falling off. 

Now that I think about it, I have never gotten a reply from either of the “customer service” email addresses they advertise. In asking about the product before I purchased, I only ever got a (vague, unhelpful) answer from the their customer service Steam group of all things.

samruck
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samruck

Kalamari samruck One game, just one game. And would like to see some recent numbers from it too.

luxundae
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luxundae

This is disconcerting.  Sounds like they’re good for another year (thanks largely to their main creditor being willing to work with them), and then things may just go over the edge of the cliff.

I really hope someone is willing to acquire them and try to jazz up TSW.  It would be a real shame to see a game with that much world building and emotion simply disappear.

mbbrazen
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mbbrazen

wild_abyss mbbrazen I got a couple of things from WeLoveFine. The quality was decent, but for women at least, the selection is limited and not every one wants tee shirts all the time. I had a really nice set of Dragon luggage tags made for myself at Zazzle. I would have preferred to just buy them so FC could get the $. I could use a tablet cover, my dang coffee mug, an Innsmouth jacket, and oh…where are the dog tags… but I am sure you know exactly what I mean

mbbrazen
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mbbrazen

BrotherMaynard mbbrazen I guess it’s a personal thing really. I hate logging out in the open and I definitely don’t change clothes in the open (particularly when the “naked” bug was rampant). I tend to find some corner hidden away to log in and out. In other games where I have housing, I log in and out from there and sometimes if I don’t feel like questing, I can still be online if cabal mates need me. But it is totally personal and I understand some players don’t need or want it. That, which is why I think they should let the players who want it finance it.

syberghost
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syberghost

Golden_Girl which is when you start thinking things like “hey, let’s get some money from shady Russian criminal fronts” are good ideas.