January 26, 2015 11:49 AM ET

Software

Company Overview of IGG Inc.

Company Overview

IGG Inc, an investment holding company, develops and operates online and mobile games in North America, Europe and Asia. The company provides multi-language mobile games, browser games, and client-based games to players. Its games include Castle Clash, a mobile tower defense game; Texas HoldEm Poker Deluxe, a browser and mobile game; casino games; and Clash of Lords, a fantasy mobile tower defense game. The company operates and licenses online games; and researches and develops games, as well as provides customer support services. IGG Inc was founded in 2006 and is headquartered in Singapore.

No. 10 Jalan Kilang

No. 07-03, Sime Darby Enterprise Centre

Singapore,  159410

Singapore

Founded in 2006

651 Employees

Key Executives for IGG Inc.

Co-Founder
Age: 36
Total Annual Compensation: $133.0K
Senior Vice President
Age: 57
Total Annual Compensation: $91.0K
Compensation as of Fiscal Year 2013.

IGG Inc. Key Developments

IGG Inc. Announces Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

IGG Inc. announced earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported a profit attributable to the owners of the parent of $18.13 million, or $0.0127 per diluted share compared to $4.5 million, or $0.0040 per diluted share, for the same quarter ended September 30, 2013. Revenue was $52.18 million compared to $22.53 million for the same quarter ended September 30, 2013. For the nine months, the company reported profit attributable to the owners of the parent was $51.07 million, or $0.0355 per diluted share, compared to a loss attributable to the owners of the parent of $2.65 million, or $0.0034 loss per diluted share, for the same period ended September 30, 2013. Revenue for the nine months ended September 30, 2014 was $144.08 million, compared to $51.29 million for the same period ended September 30, 2013.

IGG Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2014

IGG Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported revenue of $44,055,000 compared to $14,421,000 a year ago. Profit before tax was $14,682,000 compared to loss before tax of $3,653,000 a year ago. Profit attributable to owners of the parent company was $13,647,000 or $0.0095 per diluted share compared to loss attributable to owners of the parent company of $3,896,000 or $0.0072 per diluted share a year ago. The increase in revenue was primarily due to a significant increase in the revenue generated from mobile games, mainly attributable to the hit title 'Castle Clash, which was launched in July 2013. The group's adjusted net income for the Period was approximately $13.8 million, representing an increase of approximately 193.6% over $4.7 million for the corresponding period in 2013 and an increase of approximately 42.3% over $9.7 million for the three months ended December 31, 2013. The increase was in line with the increase in revenue.

IGG Inc. Approves Final Dividend for the Year Ended December 31, 2013, Payable on or About May 29, 2014

IGG Inc. announced that its AGM held on May 9, 2014, the shareholders approved payment of a final dividend of 0.2 cents per ordinary share (equivalent to 1.6 Hong Kong cents per ordinary share) in respect of the year ended December 31, 2013. For determining the entitlement to the final dividend, the register of members of the company will be closed from May 16, 2014 to May 20, 2014, both days inclusive, during which period no transfer of shares will be effected. The payment of final dividend will be made and dispatched on or about May 29, 2014.

Recent Private Companies Transactions

Type
Date
Target
Buyback
May 9, 2014
--
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Bertelsmann AG Europe
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact IGG Inc., please visit www.igg.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.