Snail reports Q2 revenue $21.6M, net income $2.3M vs loss a year ago

Snail, Inc.

2024-Q2 EPS reported $0.01 revenue$35,722,379

Net revenue $21.6M, up 118% from $9.9M YoY, driven by ARK: Survival Ascended sales.
Net income $2.3M compared to net loss of $4.1M in Q2 2023; EBITDA $3.1M vs loss $4.8M.
Bookings of $22.9M, more than double prior year's $9.3M, boosted by new releases and DLCs.
ARK: Survival Ascended sold ~2.5M units since launch; averaged 108,515 DAUs in Q2.
Unrestricted cash $15.5M as of June 30, 2024; company launched Bellwright and Bob's Tall Tales.

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