SRL Archive - RuneScape News and General

2011 Financial Report - Interesting Read


Jake

2013-01-09 13:06:42

Found Jagex's 2011 Financial report, thanks to reddit ;)
In a nutshell,
- They had a really good way to expand, wanted to expand
- Made a profit of 9,890,000 Pounds in 2011
- Made 32 Million Pounds before calculating expenses.. Wow
https://docs.google.com/file/d/0B5iRY6C8tGKLcGhlblVoN1hkbUE/edit

Ian

2013-01-09 13:37:16

Nearly 10m pounds profit - "We don't have the money to add a holiday animation"

Lol.

[XoL]

2013-01-09 13:49:03

For the Americans that is 15,824,000 USD

x x

2013-01-09 13:59:08

And all money goes to Insight Venture Partners

Ian

2013-01-09 14:09:52

From: x x
And all money goes to Insight Venture Partners


Not all, but 60% or however much they own.

Fatigue

2013-01-09 14:35:44

From: BMWxi
Nearly 10m pounds profit - "We don't have the money to add a holiday animation"

Lol.


Actually, they were "out of budget" for graphics for a new halloween event.

But they do have enough money making $olomon/Yelp$ crap. :duh:

blinkblink

2013-01-09 14:47:53

From: Fatigue
Actually, they were "out of budget" for graphics for a new halloween event.

But they do have enough money making $olomon/Yelp$ crap. :duh:


15% profit goes to actual game content department, the rest goes to sof/solo department

Mr[S]

2013-01-09 15:18:29

Rarely any money will go to the actual game itself, when investors come in and buy out a company some will just send their profit else wear

Mjordan

2013-01-09 16:10:05

That's really not that much in my opinion. I figured they would have made way more. Very interesting.

Benny

2013-01-09 16:25:46

Still a nice amount to keep the game running

Jake

2013-01-09 16:31:48

Here is the amount they donated to US charities and so forth

lastprojectrs

2013-01-09 16:31:48

haha, I was having an argument with a guy about how much runescape makes a year

200k registered, > 50k mems

50k x 12months x $15/month = 9m

Mr[S]

2013-01-09 16:42:17

From: Jakee
Here is the amount they donated to US charities and so forth


wow…thats a low blow

The Killer

2013-01-09 16:45:42

Meh bring on the 2012 report. This isn't very revalant due to the fact we can't compare it with its current state.

Ian

2013-01-09 17:15:55

From: The Killer
Meh bring on the 2012 report. This isn't very revalant due to the fact we can't compare it with its current state.


Is that the one that Jagex is procrastibating about filling out?

Kasi

2013-01-09 20:39:41

From: Mr[S]
Rarely any money will go to the actual game itself, when investors come in and buy out a company some will just send their profit else wear


no dividend's were paid. Jagex retained everything. hell knows what they are doing with it. Give a couple uneducated java noobs about £1000 or so and they could probs hack together the same / better SOF let alone 9m loss. this was also way before EOC. IMO company is gonna go down before it goes up again if it does. i really cant understand how they make a 9m loss. it seems purely profitable considering most of there updates are next to dire.

Edit : OP Stated it was a profit?

Justin

2013-01-09 21:11:09

Just remember they still need to pay workers with that money right?

Kasi

2013-01-09 21:14:49

From: Justin
Just remember they still need to pay workers with that money right?


Wages and salaries were 12m for both period's stated. not a massive price to pay considering one of my points being there updates are next to dire? what will they have to pay them for? reading appeals? making great updates and taking great antibot measures? i wonder how much jacmob gets paid.

Mr[S]

2013-01-10 00:19:02

They said 2012 was a really good financial year for them…

chongc

2013-01-10 04:05:32

inb4 they make 100m. not gp, but real moneyssss. i would think the sof/solomon (more of the latter) brought in alot of profits though.

Jake

2013-01-10 04:11:21

From: Mr[S]
They said 2012 was a really good financial year for them…

They still haven't filed it/released it yet :/

P1nky

2013-01-10 04:20:19

I was thinking it would be a bigger value :O

Hope they rise their profits in the future!

Mr[S]

2013-01-10 06:44:02

They suck lol

kyleinkman

2013-01-10 11:09:46

I'd be happy making that money with such a lack of content in 2011