CULVER
CITY, Calif., Sept. 26,
2024 /PRNewswire/ -- Snail, Inc. (Nasdaq: SNAL)
("Snail Games" or the "Company"), a leading global independent
developer and publisher of interactive digital entertainment,
announced significant revenue milestones for its survival title,
ARK: Survival Ascended (ASA), and the ARK Premium Mods program,
demonstrating continued growth and commitment to player-driven
content creation.
Since its launch, ARK: Survival Ascended has sold approximately
2.6 million units across all platforms, underscoring the enduring
popularity of the franchise and the strength of its growing
community. These figures not only reflect the game's stable revenue
stream but also highlight our belief regarding potential
significant opportunities for further expansion and increased
monetization through downloadable content (DLC) and
community-driven initiatives.
One clear example of this expansion is Bob's Tall Tales,
a DLC expansion for ARK: Survival Ascended, which has sold
approximately 400,000 units to date. This robust performance
demonstrates the ongoing appetite for additional content within the
ARK community and supports the company's strategic decision to
continue releasing DLCs, fostering long-term player engagement
Building on the success of traditional expansions, Snail Games
USA, in partnership with Overwolf,
has harnessed player creativity through the ARK Premium Mods
program, generating over $1.6 million
USD since its inception. The program gives mod creators the
tools to monetize their projects, with 50% of net revenue going
directly to the creators themselves. This initiative empowers the
community, enabling creators to monetize their passion projects
while delivering high-quality, player-driven content that extends
the games' lifecycle. The substantial payout to creators reflects
Snail Games' commitment to supporting grassroots talent within the
ARK ecosystem, ensuring a thriving, creative environment that
fosters player engagement and content diversity.
By aligning its interests with the ARK player base and
leveraging community-driven content, Snail Games USA has developed a scalable model, driving
consistent revenue while maintaining the franchise's competitive
edge.
About Snail, Inc. https://snail.com/
Snail is a leading, global independent developer and publisher
of interactive digital entertainment for consumers around the
world, with a premier portfolio of premium games designed for use
on a variety of platforms, including consoles, PCs and mobile
devices.
Forward-Looking Statements
This press release contains statements that constitute
forward-looking statements. Many of the forward-looking statements
contained in this press release can be identified by the use of
forward-looking words such as "anticipate," "believe," "could,"
"expect," "should," "plan," "intend," "may," "predict," "continue,"
"estimate" and "potential," or the negative of these terms or other
similar expressions. Forward-looking statements appear in a number
of places in this press release and include, but are not limited
to, statements regarding Snail's intent, belief or current
expectations regarding the number of ARK: Survival Ascended units
sold to date across all platforms and the popularity of the
franchise and the strength of its growing community. These
forward-looking statements also include information about the
game's potential significant opportunities for further expansion
and increased monetization, which would enhance future results of
Snail's business, financial condition, results of operations,
liquidity, plans and objectives. You should carefully consider the
risks and uncertainties described in the "Risk Factors" section of
the Company's Annual Report on Form 10-K for the fiscal year ended
December 31, 2023, which was filed by
the Company with the SEC on April 1,
2024 and other documents filed by the Company from time to
time with the SEC, including the Company's Forms 10-Q filed with
the SEC. The Company does not undertake or accept any obligation to
release publicly any updates or revisions to any forward-looking
statements to reflect any change in its expectations or any change
in events, conditions, or circumstances on which any such statement
is based.
Contacts:
Investors:
investors@snail.com
Press:
media@snail.com
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SOURCE Snail, Inc.