EG7 Financials Mention Daybreak Titles Coming To 4Game And "Unannounced AAA-MMO"
Daybreak daddy Enad Global 7 released its Q1 2021 financial results today, and everything is coming up roses. The company's aggressive merger and acquisition stance has led to not only Daybreak Game Company becoming part of its portfolio but also MechWarrior Online dev Piranha Games and Russian developer Innova.
As such, EG7 brought in 346.5 million Swedish krona in Q1, or about $41.8 million USD. That's over double what the company made in Q1 of 2020 and 65% greater than what it reported for Q4 2020. 80% of its revenue falls under the "recurring" category as opposed to just 20% coming from non-recurring sources. Daybreak and its seven IPs (EverQuest, PlanetSide, DC Universe Online, H1Z1, Lord of the Rings Online, Dungeons & Dragons Online, and My Singing Monsters) were mentioned as accounting for 50% of the company's revenue.
In addition, now that EG7 controls Innova and its 4Game game distribution platform, it plans to add Daybreak's titles (and MechWarrior Online) to that service as well. It currently only operates games in Europe and the Commonwealth of Independent States, but EG7 sees "potential for geographic expansion" in the future, extending its reach to the Americas and beyond. Does that mean the games will be removed from Steam at some point and made exclusive to EG7's platform? It's possible, as EG7 CEO Robin Flodin referred to "better margins" by having his company's own titles on its own 4Game as opposed to outside outlets.
Finally, EG7 has a page titled "Game Expansions and New Titles." "Expansion" in this case could mean any kind of additional content for existing games, and all the current Daybreak titles (including H1Z1) are mentioned in that category, along with MWO. The "New Titles" section is intriguing, containing seven entries. These include MechWarrior 5: Mercenaries (which comes out in two days) and several titles from Toadman Interactive, including EvilVEvil and a sequel to Block N Load.
Also on that list is a mysterious "Unannounced AAA-MMO" that Flodin said revolved around "one of the greatest brands in the world." That's probably the Marvel game that we know Daybreak has a license for -- or maybe it's ... nahhhhh, it couldn't be that, could it?
About the Author
Jason Winter is a veteran gaming journalist, he brings a wide range of experience to MMOBomb, including two years with Beckett Media where he served as the editor of the leading gaming magazine Massive Online Gamer. He has also written professionally for several gaming websites.
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