Snail FY2024 revenue $84.5M (+39%), net income $1.8M; Q4 net income down to $1.1M

Snail, Inc.

FY2024 revenue $84.5M, up 38.7% YoY; net income $1.8M vs loss $9.1M in 2023.
Q4 revenue $26.2M (down 8.5% YoY); Q4 net income $1.1M vs $2.4M in Q4 2023.
ARK: Survival Ascended sold 3.4M units since Oct 2023 launch; 94k avg DAUs.
Cash dropped to $7.3M from $15.2M at Dec 31, 2023; bookings fell to $17M in Q4.
Acquired 11 games in 2024, plan to release 9 in 2025; soft launched short film app SaltyTV.

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