Karma

[BLZrizz]

This reminded me to take a peek at the investor documents. Interesting data from the annual report: https://www.stillfront.com/wp-conten...eport-2017.pdf
(page 61)

Simu 2016 Revenue: 14,274,000 SEK ($1,539,31)
Simu 2016 Profits: 116,000 SEK ($12,507)

Simu 2017 Revenue: 36,933,000 SEK ($3,982,131)
Simu 2017 Profits: 3,764,000 SEK ($405,844)

[subzero]

Hah, they don't even spell Simutronics right...

https://www.stillfront.com/tag/simOtronics/

[Seran]

This reminded me to take a peek at the investor documents. Interesting data from the annual report: https://www.stillfront.com/wp-conten...eport-2017.pdf
(page 61)

Simu 2016 Revenue: 14,274,000 SEK ($1,539,31)
Simu 2016 Profits: 116,000 SEK ($12,507)

Simu 2017 Revenue: 36,933,000 SEK ($3,982,131)
Simu 2017 Profits: 3,764,000 SEK ($405,844)

How dare you post information that contradicts the implication of dire failings within Simutronics. Factual evidence has no place on these boards. /sarcasm

[AnOrdim]

That report is probably better for figuring out what Gemstone and DR pull in by themselves then it is to say how much DR/GS made during that time frame. Simutronics released that mobile game clone Seige:Titan wars. Mobile games bring in huge money, doubly so if they are getting the income from the China market.

Sadly, it also confirms that there really isn't any money to actually pay staff.

[Gelston]

Guys, GUYS! He cut all ties with simutronics okay? ALL TIES.

[AnOrdim]

You never cut full ties.
Until they cut them from their end.

[Fortybox]

Guys, GUYS! He cut all ties with simutronics okay? ALL TIES.

[Stumplicker]

Sadly, it also confirms that there really isn't any money to actually pay staff.

What it means is that they're dumping money into development heavily, just not into the properties actually bringing them income. Just like it was with Heroes Journey. Just like it was with Dragons of Elanthia. Just like it was with Tiny Heroes. There is plenty of profit margin in their income properties. Hell, Amazon only claims 3-4% profit margin, and in 2012-2014 that number was even lower. They just dump money back into development.

Gemstone and DR make huge profits, as shown when the Stillfront reports were breaking them out individually back in 2016. They just haven't put any money back into them since the 90s. We pay to develop other failed games because apparently we're more than happy with them just adding more slot machines to the successful games we play. It's a company with $4 million in revenue whose development staff for their flagship products work for the loose change between the couch cushions.

[Astray]

What it means is that they're dumping money into development heavily, just not into the properties actually bringing them income. Just like with Heroes Journey.

I have seen nothing of importance or substance from them in the mobile game department.

[Stumplicker]

I have seen nothing of importance or substance from them in the mobile game department.

Yep. They're good at making cancelled games. They've been dumping money into holes with various labels since the late 90s. Their only truly successful products are the ones they've been all but ignoring for the past 20 years, and we keep rewarding them for it.