SRL Archive - RuneScape News and General

Jagex earns £9.8 Million profit before taxes


Jake

2013-04-30 09:10:01

Can't see the full article, buy if anyone can get the rest, I'd appreciate if you could post it
http://www.thesundaytimes.co.uk/sto/business/Tech_and_Media/article1251810.ece?CMP=OTH-gnws-standard-2013_04_27

BRITAIN’S biggest computer games developer has returned to the black after scaling back its American operations and buying out its co-founder.

Jagex, which spawned the online game RuneScape, made a pre-tax profit of £9.8m as revenues climbed to £53m. The Cambridge company, which has changed its financial year, lost £9.9m in the nine months to the end of December 2011.

It fell into the red after spending £3.8m on a partial retreat from America and handing Andrew Gower £7.7m — part of an estimated £75m bonanza for the co-founder.

Jagex, 55% owned by Insight Venture Partners, is now planning a tablet version of RuneScape.

Rincewind

2013-04-30 09:25:48

Dang, that's crazy. At least it'll put the rumors that "RS will die!!" to rest.

Jagex, 55% owned by Insight Venture Partners, is now planning a tablet version of RuneScape.

t4q

2013-04-30 09:31:37

hmm… how much money RWTers made last year :D

Le Jingle

2013-04-30 10:31:12

Short article, but I think the tablet part is indeed interesting.
Thanks for the news reports as always Four :)

(Also, as said earlier, I think that last line quoted Rincewind was the last line in the posted linked article)

Cheers
Lj

Jake

2013-04-30 11:02:13

From: Rincewind
Dang, that's crazy. At least it'll put the rumors that "RS will die!!" to rest.

Well they are getting money… the way the spend it and the recent updates are still kinda low/not what we all would like since most are promotions
From: t4q
hmm… how much money RWTers made last year :D

I doubt it was anywhere near a quarter of what Jagex made

Richard

2013-04-30 11:50:00

They made more the year before, albeit only by a small amount

acow

2013-04-30 11:52:35

From: Four
Well they are getting money… the way the spend it and the recent updates are still kinda low/not what we all would like since most are promotions

I doubt it was anywhere near a quarter of what Jagex made

Certain scripts have sold for over $1m+ alone, Kiko's Idungeon on powerbot as a prime and evident example.
I'm sure RWTers as a total have pulled at least close to jagex's revenues and definitely past their profits. (Ignoring loops ofc)

And wow….I didn't even realize that Insight still owned jagex :P

King

2013-04-30 12:09:40

I'm just glad that they are doing better atleast, black is better than red.

The Killer

2013-04-30 15:33:39

Yeah profit is good, the tablet version may kick off but I think you would need a smart phone version if they wanted it to hit big.

King

2013-04-30 15:42:00

From: The Killer
Yeah profit is good, the tablet version may kick off but I think you would need a smart phone version if they wanted it to hit big.


I would love this <3

Rincewind

2013-04-30 17:54:03

From: Tuk
Certain scripts have sold for over $1m+ alone, Kiko's Idungeon on powerbot as a prime and evident example.


Dang, really? That means it was bought 40,000 times…

acow

2013-05-01 12:42:57

From: Rincewind
Dang, really? That means it was bought 40,000 times…

Yup, roughly 45k registered users I believe. Definitely over 40k :P

[XoL]

2013-05-01 12:48:17

From: Tuk
Yup, roughly 45k registered users I believe. Definitely over 40k :P


There was a time Idung was free, and all of these people are registered users. It was free for months, it jumped 10s of thousands of registered users during that time.

acow

2013-05-01 12:54:59

From: [XoL]
There was a time Idung was free, and all of these people are registered users. It was free for months, it jumped 10s of thousands of registered users during that time.


oh fuck im stupid :p
Yea It was vip for like a month -.-
Forget everything I've said thus far then :D

Rincewind

2013-05-01 18:13:40

From: Tuk
oh fuck im stupid :p
Yea It was vip for like a month -.-
Forget everything I've said thus far then :D


Okay lol. I was like 1+ mil irl cash? That's a lot of money

grats

2013-05-01 18:17:46

From: The Killer
Yeah profit is good, the tablet version may kick off but I think you would need a smart phone version if they wanted it to hit big.


It'll be html5, so nearly all smartphones (android with firefox browser definitely) will be able to run it.. how well, I don't know

Ian

2013-05-01 20:29:39

From: grats
It'll be html5, so nearly all smartphones (android with firefox browser definitely) will be able to run it.. how well, I don't know


Not very well I suspect, definitely not for my phone at least (lags when running the official Skype clien) Unless they make it way less resource hungry than safemode low graphics then I don't think (m)any phones will be able to comfortably. It's probably more for tablets that it will be useful.

acow

2013-05-01 22:52:59

From: Rincewind
Okay lol. I was like 1+ mil irl cash? That's a lot of money


Yea, I had looked up how many users there were in its high scores and just made the assumption that they all had paid for the premium script, completely forgetting I'd used it as a vip myself before purchasing it :P

Benny

2013-05-03 02:07:53

From: Tuk
Yea, I had looked up how many users there were in its high scores and just made the assumption that they all had paid for the premium script, completely forgetting I'd used it as a vip myself before purchasing it :P


No this logic is correct. You have to remember it was also the top selling script on rsbuddy - the figure I was told was that kiko had made 500k from script sales - that's minus the retailers cut so there was a heck of alot of money gained.

acow

2013-05-03 11:23:32

From: Benny
No this logic is correct. You have to remember it was also the top selling script on rsbuddy - the figure I was told was that kiko had made 500k from script sales - that's minus the retailers cut so there was a heck of alot of money gained.


Yea but I Was talking solely about total revenue for the script on powerbot, in which case I was completely off :P