Revenues show slight decline as people's fitness franchise hits 7 million sales
Financial results of Majesco were once more supported by the Zumba Fitness continuing popularity, even if the income of the company fell slightly year after year.
For the quarter ending April 30, 2012, the company posted $ 30.4 million dollars, or 5% of the income for the year of $ 32.1 million. Net profits were $, up to $ 2.12 million 2.7 million during the same period last year.
Performance of the company outside the United States improved considerablly, with international revenues climb to more than 100 percent on year to $ 6.5 million - nearly one quarter of the total revenues for the period.
"While the whole retail interactive entertainment environment remains difficult in Europe and North America, we are happy to announce that in the second quarter, Zumba Fitness sales remained strong, and Majesco delivered another quarter profitable," says CEO Jesse Sutton.
"Zumba Fitness has now sold over 7 million units worldwide and is the second best selling game of fitness of all time."
Majesco intends to release the Core of Zumba Fitness and the title Kinect NBA Baller beats before the end of the year. It has recently launched the Facebook game Mini Putt Park and has four versions of iOS planned for the coming months.
Matthew Handrahan
Matthew Handrahan joined GamesIndustry in 2011, bringing long-form feature-writing experience to the team and a deep understanding of the video game development company. Previously, he spent more than five years to award-winning magazine gamesTM.
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