In Q1 of this year, the game developer and publisher generated 27.5 million PLN in revenue, which is 73% more than in the year before. This is the company’s highest quarterly result in its history. In the last quarter, Artifex Mundi’s gross margin (revenue minus marketing costs) increased by 71% YoY (+5.6 million PLN) to a record-breaking 13.6 million PLN. The company’s driving force is Artifex Mundi’s flagship product, Unsolved, which doubled its sales to 24.7 million PLN in Q1.
In March this year, the company’s revenue amounted to almost 9.7 million PLN compared to 6.2 million PLN in the previous year and 8.8 million PLN in February this year. Compared to February this year, user acquisition expenses in March increased by 0.4 million PLN to 4.9 million PLN. The average daily revenue from Unsolved increased to a record-breaking 285,000 PLN and was 5% higher than the revenue recorded in February this year (which was previously the highest).
– Our revenue for Q1 2024 surpassed our budget plan for that period, setting a new record. We are pleased with the record sales and the systematic improvement in Unsolved’s KPIs, which confirm that our flagship project is earning increasingly more user recognition every month. We are diligently implementing the development plan for Unsolved and are confident that in the coming months we will deliver numerous reasons for our users and stockholders to be pleased – commented Przemysław Błaszczyk, CEO of Artifex Mundi.
