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Tangelo Games Corp. IPRSF

"Tangelo Games Corp is engaged in developing and selling social casino games. The company primarily designs, develops and distributes social casino-themed games within online social networks such as Facebook, Mobile platforms, Portal and other. It derives revenue through the in-game sale of virtual coins most of it is accounted through Facebook."


GREY:IPRSF - Post by User

Post by lscfaon Apr 02, 2015 9:47pm
139 Views
Post# 23594151

Transition to Mobile Is Big

Transition to Mobile Is BigDiwip generated $28 million US in revenue and $13 million US in profit in 2013 from free download apps that users played largely on desktop computers.(revenues earned from in-app purchases of virtual  goods, tokens, etc.)

2014 was a year of transition from desktop to mobile. 

2015 should be big. Unlike desktop computers mobile devices can and are used any time of day. So apps can be played any time of the day. Diwip should see usage go up along with revenue and earnings.





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