Funcom has released their third quarter results for 2013, and as usual the results are a mix of the good and the bad. Revenues in the third quarter amounted to $5.3 million, a decrease over the same time last year when The Secret World initially launched. A significant operating cost decrease combined with tax credits allowed for a $2.2 million cash flow compared to a slight loss in the previous quarter.
The main source of revenue for this past quarter came from The Secret World and Age of Conan, consistent with last quarter but lower than last year. Revenue in all games went down due to high profile game releases including Grand Theft Auto V. Work continues on the engine upgrade for Anarchy Online, and further initiatives are being pursued across all titles despite a relatively stable quarter for The Secret World and Age of Conan.
Funcom’s upcoming title, Lego Minifigures, is maintaining its development schedule, and was met with a positive response at its public showing in Cologne, Germany. The company expects lower revenue in the next quarter.
MMO Fallout 