Let's see some financial statements.
" how broken? Mercenaries master craft service Mercenaries My IGN TreeOfDead
https://www.pathofexile.com/forum/view-thread/2037371 Vouch Mercenaries veiled crafting all service all crafts mods Mercenaries SC master craft service Mercenaries SC craft mod! Veiled crafting Service Settlers craft PM: TreeOfDead |
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" Yes, I think we are battling different definitions (private vs public) here. Regardless, private companies' equity is not traded on the market; yes you can indirectly invest through the parent company but that is taking on additional risk of the parent company. I am okay viewing this differently. Regarding how GGG operates, yes it's a subsidiary of Tencent (legally). Currently they are taking somewhat of a backseat in terms of decision making. They may push for certain levels of operating margin (which explains the rising MTX prices) but this is speculative but makes economic sense. Regarding selling the majority stakes to Tencent, Chris's team cashed out their position in the company. GGG did not receive funding from Tencent. Let's end this discussion, I think we are roughly on the same page here. There are no words to sway those who will not listen. -- Veritania, the Redeemer
strTrader Max Block Bleed Lacerate Gladiator Guide: https://www.pathofexile.com/forum/view-thread/3136830 |
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But didn’t you tell me last time that everyone but you is a figment of your imagination?
If you want to see GGG’s finances, just imagine some. |
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Tencent has been listed on the Stock Exchange of Hong Kong since 2004.
Public companies are listed on stock exchanges and as such must report financials to stock holders. Due to this public disclosure we will see the financials. |
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" Considering the poster, I doubt he has paid any. A common mistake that people make when trying to design something completely foolproof is to underestimate the ingenuity of complete fools.
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" " I would say the shop items where always overpriced, but what changed is the sheer amount of MTX sales in the first week before and two weeks after a new league. It's like opening the flood gates for ideas how to monetize different aspects of the game that have not been already. Armour sets and back attachements got old after some time, so why not just copy and paste boss arenas / campaign zones and call it a day for hideouts or the newest invetion, cursors. Wonder whats next. Custom loading screens for triple G coins? ---------------- First time spending: 2012 (5$ Beta Key) Last "supporter" pack: 2017 Overall: I would say around 200-250$ My personal guess for 2020-2021: 40-45 million $ profit after taxes Masterpiece of 3.16 lore "A mysterious figure appears out of nowhere, trying to escape from something you can't see. She hands you a rusty-looking device called the Blood Crucible and urges you to implant it into your body." Only usable with Ethanol Flasks Last edited by gandhar0#5532 on Jan 7, 2022, 3:36:03 AM
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" You're not entitled to a per entity description of everything Tencent owns though. When they report, they report by division of their company, in which GGG would be included in the same portfolio as games like League of Legends and Dungeon Master. They'll describe performance in general of each company in that sector, but they don't break down financials. They then public a general balance of accounts. Only GGG itself lets out dissected financials. |
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" 2020 was 116 mil revenue, $51.88 mil profit. 2021 was at least $56 mil profit. |
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" yearly "profit" for a company doesn't mean anything. you need the whole business plan for a longer time frame to evaluate how the company is doing. best example is big american corporations not paying taxes in europe, if you take their stated european profits as a sign of business health, they would have needed to be closed years ago. -- and i would also argue that poe2 does cost them much more than 50 mil. age and treachery will triumph over youth and skill!
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Lots of numbers from 2020's financial report but no nudes of Chris Wilson? Damn, boring.
Last edited by Silverpelt#6095 on Jan 7, 2022, 6:37:10 AM
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