Snail Q2 2023 revenue $9.9M (-36% YoY); net loss widens to $4.1M

Snail, Inc.

2023-Q2 EPS reported -$0.19 revenue$23,350,741

Revenue $9.9M, down 36% YoY from $15.5M; ARK sales decreased $5.3M.
Net loss $4.1M compared to $1.0M loss in prior year period.
ARK: Survival Evolved DAUs averaged 240,522, down from 359,077; units sold 0.9M vs 1.6M.
Unrestricted cash $3.0M as of June 30, 2023, down from $12.9M at Dec 31, 2022.
ARK: Survival Ascended release delayed to October 2023; passed QC and beta testing.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

Snail, Inc. reported the three months ended June 30, 2023 results: revenue $9.9 million, net income $4.1 million.

Period: the three months ended June 30, 2023
Revenue: $9.9 million
Net income: $4.1 million
Result: reported results

Exact text from the filing

to bring our fans a remastered ARK game with loads of new content and world to explore.” Second Quarter 2023 and Subsequent Financial and Business Highlights ● Revenue was $9.9 million for the three months ended June 30, 2023, compared to revenue of $15.5 million in the prior year period, representing a decrease of $5.6 million year over year. The decrease in

View on SEC.gov

8 earnings releases filed in the last 30 days. Browse all earnings releases →

Snail, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-23-028686

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.