In a recent acquisition move, Trophy Games Development A/S has acquired mobile games Idle Necromancer and ZR from Goathamster for DKK 1m. While the games currently generate low revenue, Trophy Games sees potential for more and is confident they can turn them into solid revenue-makers within half a year.
Excited to Expand Portfolio
Søren Gleie, CEO of Trophy Games Development A/S, said, “We’re excited to add these two games to our portfolio. We believe that with our expertise in mobile game development, we can take Idle Necromancer and ZR to the next level and create a profitable business around them.”
Background on Idle Necromancer and ZR
Idle Necromancer and ZR are both idle clicker games that allow players to progress through levels by tapping the screen. Despite having a loyal fanbase, the games have struggled to generate significant revenue.
Potential for Growth
“We see a lot of potential in these games. With some adjustments to the game mechanics, new features, and a targeted marketing campaign, we believe we can increase player engagement and monetization,” said Gleie.
Trophy Games’ Reputation in the Industry
Trophy Games Development A/S is a well-established game development company that has released several successful mobile games in the past. With the acquisition of Idle Necromancer and ZR, the company hopes to expand its reach and establish itself as a leader in the idle clicker game market.
Committed to Creating Engaging and Enjoyable Games
“We’re committed to creating engaging and enjoyable games for our players. We’re excited to take on the challenge of revitalizing these two games and bringing them to a wider audience,” said Gleie.
Guidance for 2023
The acquisition does not change the 2023 guidance from Trophy Games Development A/S, which continues to be DKK 56-65m in revenue, DKK 8-14m in EBITDA, and DKK 3-8m in EBT.
This acquisition is a strategic move for Trophy Games Development A/S, which hopes to leverage its experience and expertise to breathe new life into Idle Necromancer and ZR. With the right tweaks and marketing strategy, these games could potentially bring in significant revenue for the company.
Cheyenne Cox is a news report covering multiple Market and economy News. She is creative and highly professional writer. Cheyenne holds a degree in communication and journalism and has also a Diploma in digital marketing. She belongs to south Africa who has also lived in Europe and is currently based in the US.