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Investor relations

Unsolved goes into high gear

08.03.2023

In February of the current year, Artifex Mundi generated record-breaking revenues of PLN 5.1 million. That’s 22% more than in February 2022 and 10% more than in January this year. Artifex Mundi’s driving force remains the Unsolved application, whose revenues from commercialization increased by 69% YoY, reaching PLN 3.9 million.

In February, the revenues from the free-to-play segment increased by 44% YoY, reaching PLN 4.1 million. In the last month, revenues from the sales of premium games (including HOPA) amounted to PLN 1 million, compared to almost PLN 1.2 million the year before, which resulted from, among others, no HOPA console releases within the past month. Since the beginning of the year, Artifex Mundi’s revenues have increased by 29%, reaching PLN 9.7 million, with a 56% increase in revenues from the free-to-play segment, which reached PLN 7.6 million.

In February, the Unsolved application, which provides players with free-to-play access to some of the best HOPA games available in the Artifex Mundi’s portfolio, achieved an increase in the average daily revenues of 33% (compared to January of the current year). As a result, in the shortest month of the year, Unsolved set a new monthly sales record of PLN 3.9 million, 21% higher than in January. The increase in the application’s revenues was achieved despite 9% more player acquisition expenditures (PLN 2.4 million). As a result, in February, the revenue from the application’s commercialization reduced by marketing spending was increased by half MoM, reaching a record-breaking amount of PLN 1.5 million.

“The increase in Unsolved’s revenues resulted from the constant improvement of the application’s KPIs, which, in a favorable market environment, allowed for a dynamic increase of player acquisition investments while maintaining consistent expected returns from the users acquired. We hope that the implementation of this year’s application’s development plan enables Unsolved to gain more popularity in the coming months and results in a steady increase in profits,” says Przemysław Błaszczyk, President of the publicly listed company.