LOTRO Coming To Consoles? Revenue Numbers?

We told you that Daybreak games was bought by a new investment company EG7

EG7 released a presentation to highlight this acquisition, and we learned some very interesting things from it.

You can click on all the pictures to see a full-page view of it, I’ve broken down the information below the pictures.

Jack Emmert is listed as the CEO of Standing Stone Games. The Chief Technology Officer (CTO) is the individual within an organization who oversees the current technology and creates relevant policy. A CTO should have the business knowledge necessary to align technology-related decisions with the organization’s goals.

We have numbers that we have never seen before

They were very open with numbers as well. more so than Daybreak ever was.

72 Million in Bookings. (Bookings are When a customer commits to spend money with your company, that is a “booking”. A booking is often tied to some form of contract between your company and the customer. … In the case of licensed software, the revenue is recognized when the software is delivered and accepted by the customer.) According to the report this is customers who have purchased an account so VIP.

And 39 Million in Game Level EBITDA (EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization and is a metric used to evaluate a company’s operating performance. It can be seen as a proxy for cash flow. In finance, the term is used to describe the amount of cash (currency) that is generated or consumed in a given time period.)

LOTRO had 9.9 Million Bookings and 108 Thousand Active Monthly Users

All data is of September 30th 2020.

Upgrades coming to LOTR?

Summary:

Planning visual and technical updates for LOTRO for PC and nextgen consoles to capitalize on Amazon’s highly publicized large investment (~$500mm) in LOTR TV series

That is a lot of information to take in, very interesting for sure, EG7 is a publicly-traded company, so we will see more of these numbers in the future. as they are always looking for investors and must report earnings.

What are your thoughts?