
Core Viewpoint - IGG (00799) reported significant growth in its annual performance for the year ending December 31, 2024, with adjusted net profit increasing by 427.9% to HKD 607 million, driven by new game launches and robust app business development [1][2] Financial Performance - The company achieved revenue of HKD 5.737 billion, marking an 8.95% year-on-year increase [1] - Shareholder profit reached HKD 5.81 billion, up 694.87% compared to the previous year [1] - Earnings per share stood at HKD 0.5061 [1] Revenue Contributions - The new games "Doomsday: Last Survivors" and "Viking Rise," along with the app business, were key growth drivers, contributing approximately HKD 1 billion, HKD 700 million, and HKD 1.1 billion respectively [1] - The revenue share from these projects increased from 32% in 2023 to 49% in 2024, indicating a diversification in revenue sources [1] - The classic product "King of Kingdoms" continued to perform well, generating nearly HKD 2.6 billion in revenue [1] Geographic Revenue Distribution - Revenue distribution by region showed that Asia accounted for 42%, Europe for 34%, and North America for 20% of the total revenue [1] Profit Growth - The company reported a profit of HKD 5.58 billion, a substantial increase of 697% year-on-year, attributed to the expansion of its business and the deep application of AI technology [2] - Main business profit surged by 3626% to HKD 650 million [2] - The investment business recognized an unrealized loss of approximately HKD 70 million due to changes in the fair value of investment targets [2]