informa
1 min read
News

Argonaut Losses Deepen

British developer Argonaut has announced its interim results for the six months to January 31, with the company recording a pre-tax loss of £2.4 million ($4.3m) on turnov...
British developer Argonaut has announced its interim results for the six months to January 31, with the company recording a pre-tax loss of £2.4 million ($4.3m) on turnover of £4.4 million ($7.9m). This compares to a loss in the same period last year of £1.1 million ($2.0m) on turnover of £6.9 million ($12.4m). The weak results are attributed to the relatively poor performance of the company’s three Christmas titles: I-Ninja, SWAT: Global Strike Team and Bionicle. As a result the company’s cash reserves have dwindled from £8.6 million ($15.5m) twelve months ago to just £4 million ($7.2m) today. Source: gamesindustry.biz

Latest Jobs

Treyarch

Playa Vista, California
6.20.22
Audio Engineer

Digital Extremes

London, Ontario, Canada
6.20.22
Communications Director

High Moon Studios

Carlsbad, California
6.20.22
Senior Producer

Build a Rocket Boy Games

Edinburgh, Scotland
6.20.22
Lead UI Programmer
More Jobs   

CONNECT WITH US

Register for a
Subscribe to
Follow us

Game Developer Account

Game Developer Newsletter

@gamedevdotcom

Register for a

Game Developer Account

Gain full access to resources (events, white paper, webinars, reports, etc)
Single sign-on to all Informa products

Register
Subscribe to

Game Developer Newsletter

Get daily Game Developer top stories every morning straight into your inbox

Subscribe
Follow us

@gamedevdotcom

Follow us @gamedevdotcom to stay up-to-date with the latest news & insider information about events & more