Funcom Q3 2011 Finances


Because most of you probably don’t care to read up on it yourself, MMO Fallout is committed to bringing you the important information from each quarter’s financial reports. Yesterday, Funcom revealed its third quarter finances to investors, and there is plenty to boast about. Revenues increased 55% in the third quarter compared to the second, but Funcom expects the fervor to somewhat die out, and has predicted a loss in revenue in the upcoming fourth quarter due to a foreseen diminished interest in Age of Conan.

The Secret World is “progressing well,” and the team is putting the final touches on squashing bugs, improving optimization, and balancing content. The game is still set for an April 2012 launch. Funcom’s final figures are rather low due to the development costs of The Secret World and a number of free to play games. In their “target scenario,” The Secret World will sell 30% more clients, and a healthy retention is around 490,000 subscribers. In their “Conan prediction,” Funcom expects only slightly better retention than Age of Conan (280,000) and one million sales in the first year.

Some more interesting information:

  • The cost of hosting Age of Conan since launch has been 18 million, excluding bandwidth costs.
  • The Secret World will cost approximately 4-8 million over the same time span, reducing costs greatly.