Snail reports Q3 revenue $22.5M (+151% YoY); net income $0.2M vs loss $4.4M

Snail, Inc.

2024-Q3 EPS reported $0.02 revenue$58,252,751

Net revenue $22.5M, up 150.9% YoY; net income $0.2M vs net loss $4.4M in Q3 2023.
Bookings $16.1M (+53.6% YoY); EBITDA $0.5M vs loss $5.1M a year ago.
Unrestricted cash $10.6M; repaid $3M revolver, $2.3M notes, and $0.8M convertible debt since Dec 2023.
Sold 0.4M units of ARK: Survival Ascended in Q3; combined ARK DAU avg 210k on Steam/Epic.
Acquired publishing rights for Honeycomb: The World Beyond and four indie games via Wandering Wizard.

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