---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-045108"
form_type: "8-K"
ticker: "SNAL"
cik: "0001886894"
company_name: "Snail, Inc."
filed_at: "2024-11-13T23:59:59+00:00"
generated_at: "2026-05-30T01:09:26.526598+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001493152-24-045108
- form_type: 8-K
- ticker: SNAL
- cik: 0001886894
- company_name: Snail, Inc.
- filed_at: 2024-11-13T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1886894/000149315224045108/0001493152-24-045108-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1886894/000149315224045108/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-045108
- JSON: https://secwatch.observer/filing/0001493152-24-045108.json
- Plain text: https://secwatch.observer/filing/0001493152-24-045108.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.