BoomBit SA

29/11/2023
Business entity

BoomBit has reported its results and achievements for the third quarter of 2023. For the first three quarters, the Group generated revenue of PLN 183.5 million, down 17% year-on-year. In addition to more than PLN 180.1 million in gaming revenue, BoomBit Group reported blockchain segment revenue of PLN 3.4 million, consisting of PLN 2.3 million in revenue generated by PlayEmber and PLN1.1 million in NFT revenue generated by BoomLand.

The top-earning titles in the three quarters of 2023 were Hunt Royale (PLN 62.2 million), Darts Club (PLN 21.2 million) and Car Driving School Simulator (PLN 9.4 million), which are Mid-Core and Casual games. In total, revenues from mid-core games increased by 16% and generated PLN 111.6 million. In 2023, BoomBit Group companies released a total of 13 games on iOS and Google Play platforms.

Today we present the valuation of BoomBit, prepared by companyvalueradar.com.

BoomBit is an international developer and publisher of mobile games, operating globally, producing free-to-play (F2P) games for the largest mobile operating systems, i.e. iOS (Apple App Store) and Android (Google Play), as well as for the Nintendo Switch platform. BoomBit debuted on the WSE in 2019.

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