After the close of business on the afternoon of April 22, 2022, Gigabit's First Quarterly Report 2022 was published on the website of the Shanghai Stock Exchange.
In the first quarter of 2022, the company achieved operating income of 1.229 billion yuan, an increase of 9.98% year-on-year; net profit attributable to shareholders of listed companies of 350 million yuan, down 4.27% year-on-year; net cash flow from operating activities of 328 million yuan, an increase of 0.10% year-on-year.
A variety of games perform well
The company's self-developed "Ask", "Ask The Question Mobile Game", "A Thought of Escape" and other games are deeply loved by players and maintain good profitability.
It has been 6 years since the launch of Q&Q Mobile Games, continuing its outstanding performance, ranking an average of 20th in the App Store best-seller list in the first quarter of 2022, and as high as 8th in the list.
Since its launch in February 2021, "A Thought of Escape" has performed well, receiving more than 350,000 five-star reviews on the App Store, and in the first quarter of 2022, it ranked average of 10th in the App Store's best-seller list, reaching the highest place in the list.
The reserve products are rich and diverse
The company has a rich reserve of products, covering community cultivation, simulated business, Roguelike diversified categories, including "Orbi Island: Dream Country", "Dawn Elite", "Shop Heroes Legends", "Flowers Fall chang'an", "Lost Four Realms" and other products.
Among them, the "Obe Island: Dream Country" mobile game is a sentimental IP community cultivation game, and its page game version has been in stable operation since its launch in 2008, accumulating a huge IP user group. The mobile game has won many awards such as the "Annual Expected New Game Award" of the 6th Golden Gyro Awards and the "Hardcore Most Anticipated Game of the Year" of the 7th Blackstone Awards. As of now, the number of reservation users of the mobile game "Ob Island: Dream Land" mobile game is about 5 million, and it is expected to be launched in 2022.
Quickly layout overseas markets
The company actively expands overseas business, starting from the transplantation of domestic mature online products, has initially opened the overseas market, has been launched "One Thought Runaway (Hong Kong, Macao and Taiwan Version)", "The Strongest Snail (Hong Kong, Macao and Taiwan Version)" and other continuous and stable operations, and reserves "One Thought Runaway (Overseas Version)", "Shop Heroes Legends(Shop Legends)", "Underground Castle 3 (Overseas Version)", "Strange Warrior (Overseas Version)" and many other overseas products.
In the future, the company will increase investment in overseas markets, except for individual reserve IP products, the rest of the self-developed products must be positioned in overseas markets before they can be established, and the company will continue to absorb excellent producers and distributors who have deep insights into overseas cultures to quickly layout overseas markets.