MTG AB:s portfolio company InnoGames mobile game hit Forge of Empires reaches EUR 500 million lifetime revenue milestone

June 27 2019

Thursday, June 27, 2019 — MTG AB’s portfolio company, German founded game developer and publisher InnoGames’ global hit continues to gather momentum with more than EUR 250m earned in last two years of its seven-year lifetime.  

MTG AB today announces that its portfolio company InnoGames most successful title Forge of Empires has reached the EUR 500 million lifetime revenue mark. The highly successful title has experienced steady growth since its creation in 2012 and continues to gather momentum after more than seven years on the market. More than half of the lifetime revenue has been earned in the last two years.

“With this incredible milestone InnoGames shows that they are not just best in class in developing and publishing mobile and browser game titles, but also that they master how to capitalize on successful titles over long stretches of time, securing user loyalty. We are especially pleased to see the successful migration of the game from browser to mobile, which today is the most popular platform to play the game on,” says MTG AB CEO Jörgen Madsen Lindemann.

In addition to ongoing content updates, mobile has served as a significant contributor to the growth. Today, mobile also serves as the most popular platform among daily active users. With the achievement of the EUR 500 million lifetime revenue milestone, Forge of Empires reaffirms its position as one of the most successful strategy games worldwide on desktop and mobile alike.   

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