Zynga Reports Q4 2012: Revenues Were $311 Million, Net Loss Was Of $48.6 Million

Posted on Feb 6 2013 - 10:57am by Editorial Staff
Zynga

Zynga

The social gaming company Zynga has posted its earnings for the fourth quarter and full year, ended December 31, 2012. For the full year 2012 revenues were of $1.28 billion, up 12% year-over-year and bookings were $1.15 billion, down 1% year-over-year. The company reported the full year net loss of $209 million while the adjusted EBIDTA was of $213 million.

The full year 2012 GAAP EPS was of ($0.28) and non-GAAP EPS was of $0.07. The fourth quarter revenue was of $311 million while bookings were of $261 million, down 15% year-over-year. For the quarter, the company reported net loss of $48.6 million, down 89% year-over-year while the earnings per share for the quarters were ($0.06) and non-GAAP earnings per share were of $0.01.

“The biggest highlight of the quarter was seeing our team deliver a successful sequel in FarmVille2, a next generation social game that offers cutting edge 3-D experiences loved by millions of FarmVille fans,” said Mark Pincus, CEO and Founder, Zynga. “In 2013 we’re excited to bring this new class of social games to mobile phones and tablets and build a network that offers an easier, better way for people to play together.”

Fourth Quarter 2012 Business Highlights:

  • Daily active users (DAUs) increased from 54 million in the fourth quarter of 2011 to 56 million in the fourth quarter of 2012, up 3% year-over-year. On a consecutive quarter basis, DAUs were down 6% from 60 million in the third quarter of 2012.
  • Monthly active users (MAUs) increased from 240 million in the fourth quarter of 2011 to 298 million in the fourth quarter of 2012, up 24% year-over-year. On a consecutive quarter basis, MAUs were down 4% from 311 million in the third quarter of 2012.
  • Monthly unique users (MUUs) increased from 153 million in the fourth quarter of 2011 to 167 million in the fourth quarter of 2012, up 9% year-over-year. On a consecutive quarter basis, MUUs were down 6% from 177 million in the third quarter of 2012.
  • Average daily bookings per average DAU (ABPU) decreased from $0.061 in the fourth quarter of 2011 to $0.051 in the fourth quarter of 2012, down 17% year-over-year. On a consecutive quarter basis, ABPU was up 8% from $0.047 in the third quarter of 2012.
  • Monthly Unique Payers (MUPs) were 2.9 million in the fourth quarter of 2012, down 1% year-over-year and down 2% quarter-over-quarter.
  • Zynga released six new titles during the fourth quarter of 2012, including four new titles on web-based platforms: Bubble Safari Ocean, CityVille 2, CoasterVille and The Friend Game; and two new titles on mobile platforms: Ayakashi and Party Place. In addition, Zynga launched mobile versions of Bubble Safari and Ruby Blast.
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