Age of Conan : Funcom Financial Report

2009-05-17 19:38:44

On May 15th, Funcom released their Q1 2009 Financial Report, in it, they discuss the company's overall financial situation as well as how their current MMOs factor into the situation.

Yesterday, Norwegian Game Developer Funcom released their Financial Report for Q1 2009. Funcom is the company responsible for Anarchy Online, Age of Conan and the recently announced MMO, The Secret World.

There was speculation amongst some MMO followers that this document would read more like an obituary for the company than a financial statement. This, as it turns out, does not seem to be the case. While it is difficult to argue against the fact that companies will always put the most positive spin on any public document, it is clear that on some level, things are looking up for Funcom.

Some Money Stuff

Funcom has provided a comparison of the company's financials for Q1 2008 and Q1 2009. It is important to note when discussing these numbers, that Age of Conan had not yet launched in Q1 of 2008. Logically, the Q1 2009 numbers were significantly higher than their counterparts from a year before. Funcom says as much by attributing the increase in company revenue to "subscription revenues and revenues from box sales from the Age of Conan game."