Core Insights - Snail, Inc. celebrates the 10-year anniversary of its flagship title ARK: Survival Evolved, highlighting its significant impact on the sandbox survival genre and its ongoing success [1][2] Player Engagement and Performance - ARK: Survival Evolved has an install base of over 92.1 million and has logged more than 3.7 billion hours of total playtime on Steam, with a peak daily active user count of 1.1 million [2] - The next-generation remake, ARK: Survival Ascended, has achieved an install base of 4.2 million since its launch in 2023, with over 275 million hours played and a peak daily active user count of 308,000 [3] Mobile Expansion - The launch of ARK: Ultimate Mobile Edition in December 2024 has resulted in over 6.1 million downloads across iOS and Android, expanding the franchise's reach to a mobile-first audience [4] Upcoming Events and Content - Snail Games will participate in IGN Live from June 6th to June 8th, showcasing ARK: Aquatica and hosting a contest with a $10,000 prize pool [5] - A series of content releases to celebrate the 10-year milestone includes an anniversary event for ARK: Survival Ascended, new updates, and expansions for both mobile and PC platforms [7]

Core Insights - Snail, Inc. reported a strong financial performance for Q1 2025, with net revenues increasing by 42.5% to $20.1 million compared to $14.1 million in Q1 2024, driven by growth in the ARK franchise and mobile game sales [7][8][9]. Game Portfolio Updates - The ARK franchise saw a 16% increase in daily active users, reaching 243,000 on Steam and Epic platforms [5]. - Units sold for ARK: Survival Evolved were approximately 690,775, while ARK: Survival Ascended sold around 751,960 units in Q1 2025 [6]. - ARK: Ultimate Mobile Edition surpassed 4.8 million downloads, indicating strong momentum since its launch [6]. Business Updates - The company signed a Memorandum of Understanding with Mega Matrix Inc. for the joint development and distribution of short dramas, marking a strategic expansion beyond gaming [4][5]. - The soft launch of Salty TV, a mobile short film platform, currently hosts 49 short dramas, supporting the company's diversification efforts [5]. Financial Highlights - Net loss for Q1 2025 was $(1.9) million, slightly higher than $(1.8) million in Q1 2024, attributed to increased costs in revenues and operating expenses [8]. - Bookings increased by 13.6% to $22.2 million, driven by new DLC releases and other game launches [9]. - EBITDA for Q1 2025 was $(3.2) million, compared to $(1.9) million in the same period last year, reflecting higher operating costs [10]. Cash Position - As of March 31, 2025, the company had unrestricted cash of $9.4 million, up from $7.3 million at the end of 2024 [11].