Core Insights - Snail, Inc. announced the release of a new gameplay trailer for its indie title Rebel Engine, which has received a "Positive" player rating on Steam, indicating strong audience reception [1] - Rebel Engine, developed by Argentina-based Seven Leaf Clover, combines hack-and-slash mechanics with fast-paced shooting, appealing to both core and emerging gaming audiences [2] - The game has gained visibility through partnerships with popular VTubers and gaming creators, resulting in significant creator-driven momentum post-launch, including over 7,500 TikTok videos with more than 1.5 million views [3] Company Overview - Snail, Inc. is a leading global independent developer and publisher of interactive digital entertainment, with a diverse portfolio of premium games across various platforms, including consoles, PCs, and mobile devices [4]

Financial Data and Key Metrics Changes - Net revenue for Q3 2025 was $13.8 million, down from $22.5 million in the same period last year, primarily due to an increase in deferred revenue of $10.9 million [16][18] - Net loss for Q3 2025 was $7.9 million compared to a net income of $233,000 in the same period last year, driven by decreased net revenue and increased expenses [18] - Bookings for Q3 increased by 9.3% to $17.6 million compared to $16.1 million from the same period last year [19] Business Line Data and Key Metrics Changes - Total ARK sales increased by $2.2 million compared to the same period last year, while Salty TV sales increased by $300,000 [16] - Units sold for the gaming business increased by 7.8% year over year, with total units sold for the nine-month period rising 38.7% to 4.8 million [10] - Average daily active users (DAU) for ARK: Survival Evolved and ARK: Survival Ascended reached approximately 122,658 and 92,876, respectively [10] Market Data and Key Metrics Changes - Deferred revenue balance as of September 30, 2025, was $36.4 million, with $35.3 million due to non-refundable payments [17] - The company expects to recognize approximately $26.5 million of deferred revenue within the next 12 months, with $5.8 million expected to be recognized in Q4 2025 [17][18] Company Strategy and Development Direction - The company is pursuing a stablecoin project to position itself as a pioneer in digital payments within the gaming industry, viewing stablecoins as the future of digital transactions [5][6] - Upcoming growth drivers include the launch of ARK: Lost Colony and the anticipated release of Echoes of Elysium on December 4, 2025 [14][15] Management's Comments on Operating Environment and Future Outlook - Management noted that the decline in net revenue was primarily due to timing of revenue recognition rather than a reduction in sales or demand [7] - The company remains optimistic about a stronger Q4, driven by the upcoming launch of new content and continued engagement across its gaming portfolio [9][22] Other Important Information - The company participated in several industry events to drive awareness of its titles, including Gamescom and TwitchCon [11] - The interactive film segment has seen growth, with 67 short-film dramas released through the Salty TV app [12] Q&A Session Summary Question: Can you discuss the gross margins in the quarter? - The decrease in gross margin was attributed to fixed license fees and deferred revenue from Lost Colony sales [23][24] Question: Can you elaborate on the timing of deferred revenue recognition? - Most deferred revenue is expected to be recognized within the next 12 months, with $5.9 million related to Lost Colony expected in Q4 2025 [25][26] Question: What does the remaining deferred revenue consist of? - The majority of deferred revenue is related to gaming performance obligations and some deposits for future games [27][28]

Core Insights - Snail, Inc. continues to show steady growth across its entertainment portfolio through new content launches and industry recognition [1] - The company is strengthening its core franchise and enhancing community engagement within its ARK ecosystem [2] - Snail's indie publishing branch, Wandering Wizard, is expanding its global portfolio with unique projects and has received industry accolades [3] - The Interactive Films division is gaining recognition for its short-form storytelling platform, Salty TV, with multiple awards for its titles [4] - Overall, these achievements reflect Snail's strategic momentum across various entertainment sectors, diversifying revenue streams and enhancing brand visibility [5] Gaming and Publishing - The 'ARK x Teenage Mutant Ninja Turtles' Cosmetic Pack collaboration emphasizes the importance of mod content for sustaining engagement with ARK: Survival Ascended [2] - The upcoming airship building RPG, Echoes of Elysium, is set to release on December 4, 2025, marking a significant addition to Snail's gaming portfolio [2] - Wandering Wizard's collaboration with Argentina-based studio Seven Leaf Clover for the launch of Rebel Engine on Steam showcases the branch's commitment to diverse gaming projects [3] Interactive Films - Salty TV's titles, including My Ex's Bestfriend, Hollywood Heartthrob, and Faux Fiance, received recognition from the International Short Drama Association, highlighting the division's potential [4] - The awards for Salty TV's titles include Best Revenge-Driven Narrative and Most Charismatic Screen Presence, indicating strong audience engagement potential [4] Strategic Momentum - The combination of efforts in gaming, publishing, and digital storytelling illustrates Snail's strategy to diversify revenue streams and strengthen brand visibility [5]

Core Insights - Snail Games' upcoming title, Rebel Engine, has seen a remarkable increase in daily Steam wishlists, surging over 72 times compared to the pre-festival period, contributing to a 46% overall increase in total wishlists ahead of its launch on November 6, 2025 [2][3] - The game features a collaboration with Hakos Baelz, a prominent member of hololive English, which has helped attract a new audience, evidenced by the release of a music video that is gaining traction globally [2][3] - Snail Games showcased Rebel Engine at TwitchCon, enhancing visibility alongside other titles and leveraging partnerships with influencers to strengthen audience engagement [3] Franchise Performance - The ARK franchise continues to perform well, with a recent update for ARK: Ultimate Survivor Edition that includes backward compatibility and enhanced support for the Nintendo Switch 2, which is projected to have 25 million units produced by March 2026 [4] - This update aims to provide a seamless gaming experience across current and next-generation hardware, reinforcing the franchise's accessibility [4] Indie Publishing Growth - Snail's indie publishing arm, Wandering Wizard, is gaining recognition with the management simulator Above the Snow, which has won a NYX Award and is nominated for Best Narrative at the 2026 Indie Game Awards [5] - The studio is set to present Above the Snow at the Poznań Game Arena, further expanding its reach and establishing strategic partnerships that align with the game's theme [5] Overall Strategy - Snail Games is capturing increasing attention from players, creators, and critics through its diverse publishing portfolio, cross-collaborations, and global showcases, reflecting a deliberate approach to growth and long-term engagement in the interactive entertainment sector [6]

Core Insights - Snail, Inc. has announced a series of cross-industry partnerships aimed at expanding visibility, diversifying audiences, and driving long-term growth for its upcoming indie titles, Above the Snow and Rebel Engine [1][4] Group 1: Above the Snow - Above the Snow is a cozy, story-rich shelter management simulation set in the 1960s Alps, combining survival mechanics with character-driven storytelling and base-building [2] - The game has gained momentum after winning a NYX Award for best city builder and will be showcased at the Poznan Game Arena from October 24-26, 2025 [2] - Collaborations with brands such as Cortazu, Fjordfiesta, and Heywood will be unveiled at the event, integrating real-world lifestyle products into the gameplay [2] Group 2: Rebel Engine - Rebel Engine is a first-person action-adventure game that combines '90s-inspired shooter speed with hack-and-slash mechanics [3] - The game will feature a soundtrack composed by Hakos Baelz, a popular VTuber with over 1.09 million YouTube subscribers, marking her debut in video game soundtrack composition [3] - A demo of Rebel Engine will be available during Steam Next Fest from October 13-20, 2025, with players encouraged to wishlist the game for updates [3] Group 3: Strategic Partnerships - The partnerships reflect Snail Games' strategy of pursuing non-traditional collaborations to enhance intellectual property value and extend brand reach [4] - By integrating lifestyle branding with gaming and leveraging the entertainment power of VTubers, the company aims to capture new global markets and maximize cross-promotional opportunities [4]

Core Insights - Snail, Inc. is showcasing its upcoming titles at TwitchCon through a collaboration with Noiz, aiming to enhance game promotion and community engagement [1][2][3] Group 1: Upcoming Titles - Featured titles include: - **ARK: Lost Colony** - An expansion for ARK: Survival Ascended, launching December 2025 [4] - **Echoes of Elysium** - An airship survival RPG set to launch later this year [4] - **Honeycomb: The World Beyond** - A cozy survival adventure focused on bio-engineering to save Earth [4] - **Rebel Engine** - A fast-paced boomer-shooter combining '90s shooter speed with melee combat [5] Group 2: Strategic Initiatives - The collaboration with Noiz aims to connect streamers with Snail Games' portfolio, facilitating paid marketing campaigns that incentivize content creation [2][3] - Snail Games is focusing on community-building and influencer engagement to establish early franchise potential [5] Group 3: Event Details - Snail Games will be present at TwitchCon San Diego from October 17 to October 19, 2025, at booth 2115 SW [5]

Core Insights - Snail, Inc. has achieved significant portfolio milestones across its publishing labels, emphasizing its strategy for broad market engagement and growth [1][7] - The company is actively expanding its presence in various gaming genres and platforms, showcasing its ability to deliver diverse content [7] Group 1: Product Launches and Updates - Snail Games, in collaboration with Studio Sirens, released the updated ARK DevKit on Epic Games Store, supporting user-generated content for ARK: Aquatica DLC, with ARK: Survival Evolved selling approximately 1.2 million units in Q2 2025 and reaching a peak DAU of over 258,000 [2] - The action-adventure RPG Robots at Midnight will debut on PlayStation, launching with a 30% promotional discount across multiple platforms to attract new players [3] - The company presented Honeycomb: The World Beyond at Gamescom 2025, confirming a release date of November 6, 2025, and utilizing NVIDIA technology to enhance gameplay [4] - Snail's indie branch Wandering Wizard will showcase Rebel Engine at PAX West, highlighting the collaboration with Latin American developers to emphasize the region's growing influence in gaming [5] - The Interactive Films label will launch The Fame Game: Welcome to Hollywood on September 4, 2025, tapping into the demand for narrative-driven interactive entertainment [6] Group 2: Strategic Initiatives - The milestones achieved reflect the strength of Snail's multi-label publishing strategy, demonstrating its capability to engage across multiple genres, platforms, and regions [7] - The company continues to broaden its market presence through global showcases, high-profile collaborations, and diverse publishing partnerships [7]

Group 1 - Snail, Inc. announced a publishing partnership with Argentina-based developer Seven Leaf Clover to acquire the publishing rights to the game Rebel Engine [1] - Rebel Engine is a high-impact, single-player, first-person shooter (FPS) game expected to release on PC in 2025 [1] - The game is designed to expand Wandering Wizard's presence in the global gaming market [1] Group 2 - The game is set in a stylized robot dystopia where players assume the role of Asimov, an enslaved machine leading a revolution against a megacorporation [2] - Rebel Engine features multiple melee weapon styles, custom combos, intense boss fights, and a narrative exploring themes of identity, resistance, and liberation [2]