Huuuge’s Milestone Year: 2023 Annual Report Highlights
Huuuge Games' recently released 2023 Annual Report showcases another remarkable year for the company, with both EBITDA and profits surging. Prioritizing Profitability: Strategic Shifts in 2023 In 2023 alone, Huuuge Games achieved an impressive $108.2 million in EBITDA, contributing to a combined EBITDA of $190.5 million over the past two years. Strategically, 2023 saw Huuuge prioritize profitability over revenue growth, particularly evident in its core franchises, Huuuge Casino and Billionaire Casino. Despite a 6% decline in revenue from the previous year, these franchises demonstrated stability, with core DAU experiencing growth for three consecutive quarters. Monetization Mastery: Leading the Social Casino Market Importantly, key monetization metrics ARPDAU and ARPPU increased by 8% and 13% year-over-year, respectively. This solidifies Huuuge's position as a leader in social casino games monetization. Innovation and Investment Looking ahead to 2024, Huuuge plans to increase marketing investment […]