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Thread: Jagex earns £9.8 Million profit before taxes

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    Default Jagex earns £9.8 Million profit before taxes

    Can't see the full article, buy if anyone can get the rest, I'd appreciate if you could post it
    http://www.thesundaytimes.co.uk/sto/...ard-2013_04_27
    BRITAIN’S biggest computer games developer has returned to the black after scaling back its American operations and buying out its co-founder.

    Jagex, which spawned the online game RuneScape, made a pre-tax profit of £9.8m as revenues climbed to £53m. The Cambridge company, which has changed its financial year, lost £9.9m in the nine months to the end of December 2011.

    It fell into the red after spending £3.8m on a partial retreat from America and handing Andrew Gower £7.7m — part of an estimated £75m bonanza for the co-founder.

    Jagex, 55% owned by Insight Venture Partners, is now planning a tablet version of RuneScape.

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    Dang, that's crazy. At least it'll put the rumors that "RS will die!!" to rest.

    Jagex, 55% owned by Insight Venture Partners, is now planning a tablet version of RuneScape.

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    hmm... how much money RWTers made last year

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    Short article, but I think the tablet part is indeed interesting.
    Thanks for the news reports as always Four

    (Also, as said earlier, I think that last line quoted Rincewind was the last line in the posted linked article)

    Cheers
    Lj

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    Quote Originally Posted by Rincewind View Post
    Dang, that's crazy. At least it'll put the rumors that "RS will die!!" to rest.
    Well they are getting money... the way the spend it and the recent updates are still kinda low/not what we all would like since most are promotions
    Quote Originally Posted by t4q View Post
    hmm... how much money RWTers made last year
    I doubt it was anywhere near a quarter of what Jagex made

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    They made more the year before, albeit only by a small amount

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    Quote Originally Posted by Four View Post
    Well they are getting money... the way the spend it and the recent updates are still kinda low/not what we all would like since most are promotions

    I doubt it was anywhere near a quarter of what Jagex made
    Certain scripts have sold for over $1m+ alone, Kiko's Idungeon on powerbot as a prime and evident example.
    I'm sure RWTers as a total have pulled at least close to jagex's revenues and definitely past their profits. (Ignoring loops ofc)

    And wow....I didn't even realize that Insight still owned jagex :P

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    I'm just glad that they are doing better atleast, black is better than red.

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    Yeah profit is good, the tablet version may kick off but I think you would need a smart phone version if they wanted it to hit big.

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    Quote Originally Posted by The Killer View Post
    Yeah profit is good, the tablet version may kick off but I think you would need a smart phone version if they wanted it to hit big.
    I would love this <3

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    Quote Originally Posted by Tuk View Post
    Certain scripts have sold for over $1m+ alone, Kiko's Idungeon on powerbot as a prime and evident example.
    Dang, really? That means it was bought 40,000 times...

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    Quote Originally Posted by Rincewind View Post
    Dang, really? That means it was bought 40,000 times...
    Yup, roughly 45k registered users I believe. Definitely over 40k :P

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    Quote Originally Posted by Tuk View Post
    Yup, roughly 45k registered users I believe. Definitely over 40k :P
    There was a time Idung was free, and all of these people are registered users. It was free for months, it jumped 10s of thousands of registered users during that time.




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    Quote Originally Posted by [XoL] View Post
    There was a time Idung was free, and all of these people are registered users. It was free for months, it jumped 10s of thousands of registered users during that time.
    oh fuck im stupid
    Yea It was vip for like a month -.-
    Forget everything I've said thus far then

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    Quote Originally Posted by Tuk View Post
    oh fuck im stupid
    Yea It was vip for like a month -.-
    Forget everything I've said thus far then
    Okay lol. I was like 1+ mil irl cash? That's a lot of money

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    Quote Originally Posted by The Killer View Post
    Yeah profit is good, the tablet version may kick off but I think you would need a smart phone version if they wanted it to hit big.
    It'll be html5, so nearly all smartphones (android with firefox browser definitely) will be able to run it.. how well, I don't know
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    Quote Originally Posted by grats View Post
    It'll be html5, so nearly all smartphones (android with firefox browser definitely) will be able to run it.. how well, I don't know
    Not very well I suspect, definitely not for my phone at least (lags when running the official Skype clien) Unless they make it way less resource hungry than safemode low graphics then I don't think (m)any phones will be able to comfortably. It's probably more for tablets that it will be useful.

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    Quote Originally Posted by Rincewind View Post
    Okay lol. I was like 1+ mil irl cash? That's a lot of money
    Yea, I had looked up how many users there were in its high scores and just made the assumption that they all had paid for the premium script, completely forgetting I'd used it as a vip myself before purchasing it :P

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    Quote Originally Posted by Tuk View Post
    Yea, I had looked up how many users there were in its high scores and just made the assumption that they all had paid for the premium script, completely forgetting I'd used it as a vip myself before purchasing it :P
    No this logic is correct. You have to remember it was also the top selling script on rsbuddy - the figure I was told was that kiko had made 500k from script sales - that's minus the retailers cut so there was a heck of alot of money gained.

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    Quote Originally Posted by Benny View Post
    No this logic is correct. You have to remember it was also the top selling script on rsbuddy - the figure I was told was that kiko had made 500k from script sales - that's minus the retailers cut so there was a heck of alot of money gained.
    Yea but I Was talking solely about total revenue for the script on powerbot, in which case I was completely off :P

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