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Snail, Inc. (Nasdaq: SNAL) is a leading global independent developer and publisher of interactive digital entertainment, offering a premier portfolio of premium games for consoles, PCs, and mobile devices. Headquartered in Culver City, California, Snail has a significant presence in both the United States and international markets, with the majority of its revenue originating from the U.S.
Recently, Snail announced a slew of updates and new developments, showcasing its commitment to delivering rich and engaging gaming experiences. On April 3, 2024, the company released major new content for ARK: Survival Ascended, including the Scorched Earth Expansion Map and Bob's Tall Tales DLC. These updates aim to enhance the game’s universe and engage a broader audience. Starting April 1, 2024, ARK: Survival Ascended also became available on Microsoft's Game Pass, extending its reach to a wider player base.
In addition to ARK, Snail’s highly anticipated title Bellwright launched into Early Access on Steam on April 23, 2024. This city builder, RPG, and survival strategy game promises an immersive experience, allowing players to lead a revolution in a dynamic world filled with intricate storytelling.
The company reported its first quarter financial results for the period ending March 31, 2024, on May 15, 2024. Net revenues increased to $14.1 million, and the net loss was reduced to $1.8 million compared to the previous year. This improvement was driven by increased ARK sales and better cost management.
Further bolstering its offering, on May 23, 2024, Snail became the first to introduce premium UE5-generated mods for consoles with ARK: Survival Ascended. This update supports professional modders, offering a new revenue-sharing model, and enhances the gaming experience for players.
On June 5, 2024, Snail announced a significant update for ARK: Survival Ascended, introducing “The Center” map, which doubles the size of a standard ARK island, featuring diverse biomes and new challenges. This expansion includes the Shastasaurus and the Pyromane, priced at $4.99, enriching the gameplay with new creatures and adventures.
Snail, Inc. continues to innovate, providing interactive entertainment to a global audience, with a strong pipeline of projects, partnerships, and a commitment to delivering value to its shareholders and stakeholders.
Snail Games (NASDAQ: SNAL) has announced a strategic partnership with Loric Games to acquire publishing rights for Echoes of Elysium, an airship survival RPG. The game combines open-world exploration, co-op gameplay, RPG mechanics, and airship building in a procedurally generated world.
The game features customizable airships that serve multiple purposes, including combat and resource collection, supporting 1-6 players in cooperative gameplay. Players can choose from three character archetypes, craft items, and uncover an epic narrative while exploring floating islands. The game will be released through Early Access, incorporating community feedback in its development process.
Snail Games (NASDAQ: SNAL) has acquired publishing rights for Robots at Midnight, a retro-futuristic action-RPG set to release in mid-2025. The game features a protagonist named Zoe who wields The MITT, a powerful gauntlet, in a dystopian world called Yob.
The game offers multiple difficulty modes, including Hero mode for accessibility and Master mode for increased challenge. Key features include fluid combat mechanics, rich exploration elements, and a detailed narrative structure. The game has already gained attention through appearances at the Golden Joystick Awards and PC Gaming Show: Most Wanted, and is currently available to demo during Xbox's Demo Fest until December 31st.
Snail Games (NASDAQ: SNAL) has released the first Developer Diary for 'For The Stars', their upcoming AAA space survival title announced this summer. The game, set to launch on PC, PlayStation 5, and Xbox Series X|S, showcases pre-alpha gameplay featuring innovative mechanics like planet terraforming and destruction, procedurally-generated biomes, and a persistent multiplayer universe.
The Dev Diary highlights include emergent storytelling mechanics where player choices impact the galaxy, striking visual designs with procedurally-generated planets, and comprehensive terraforming systems. Lead Designers Matt Kohl and Calix Reneau, along with Art Director Andrew Swihart, detail the game's features, emphasizing its unique approach to the open-world survival genre.
Snail Games (Nasdaq: SNAL) has acquired publishing rights for Zombie Rollerz: The Last Ship through its indie publishing branch Wandering Wizard. The game, developed by Zing Games, combines roguelike and tower defense gameplay where players command a customizable ship against zombie hordes. The Zombie Rollerz franchise has already achieved over 10 million downloads globally.
The game has received multiple accolades, including Gold Winner at NYX Game Awards 2023 for Best Design and Best in Play at GDC 2023. Features include zombie horde battles, customizable turrets, ship management, and high replayability. The game is scheduled for Early Access launch in 2025 and will participate in Steam Bullet Heaven Fest.
Snail Games (Nasdaq: SNAL) announces participation in the 2024 Steam Autumn Sale from November 27 to December 4, offering significant discounts across its game portfolio. Key discounts include ARK: Survival Ascended (33% off), Bellwright (10% off), PixARK (75% off), Survivor Mercs (38% off), and West Hunt (50% off). The company is also launching content updates, including the Villages 2.0 update for Bellwright and Bob's Tall Tales DLC for ARK: Survival Ascended, combining discounts with new content to attract new players and maintain existing player engagement.
Snail Games (Nasdaq: SNAL) has announced its participation in the NobleCon20 conference, Noble Capital Markets' Twentieth Annual Emerging Growth Equity Conference. The company's Co-CEO Tony Tian and CFO Heidy Chow will present on December 3rd at 1:00 PM EST at Florida Atlantic University.
The presentation will be available via webcast on the company's investor relations website, Noble Capital Markets' Conference website, and Channelchek portal the following day. The webcast recording will remain accessible for 90 days across these platforms.
Snail Games USA announces Studio Wildcard's achievement of surpassing $1 million in lifetime donations to Children's Miracle Network through Extra Life charity events. The 10th annual livestream raised over $130,000 while showcasing upcoming content including ARK: Bob's Tall Tales - Wasteland Wars, ARK: The Animated Series Part 2, and ARK: Ultimate Mobile Edition.
The 24-hour livestream featured exclusive previews of upcoming titles, demonstrating strong community engagement and brand loyalty. ARK: Ultimate Mobile Edition, a free-to-play mobile game, is scheduled for launch in December, aiming to expand the franchise's reach into mobile-first markets and new demographics.
Snail (NASDAQ: SNAL) reported strong Q3 2024 financial results with net revenue of $22.5 million, up 150.9% year-over-year. The company achieved net income of $0.2 million, compared to a $4.4 million loss in Q3 2023. The improvement was driven by new releases including Aberration and Bobs Tall Tales Part II. ARK: Survival Ascended sold 0.4 million units in Q3, maintaining 210,000 daily active users. Bookings increased 53.6% to $16.1 million, while EBITDA improved to $0.5 million from a $5.1 million loss. The company's cash position stands at $10.6 million, with significant debt reduction achieved during the period.
Snail Games (Nasdaq: SNAL), a global independent developer and publisher of interactive digital entertainment, has announced it will release its financial results for Q3 2024 on November 13, 2024. The company will host a conference call and webcast with management at 4:30 p.m. ET on the same day to discuss the quarterly results. Investors can access the live webcast and replay through the company's investor relations website.
Snail Games USA (Nasdaq: SNAL) announced its indie publishing division, Wandering Wizard, will showcase horror titles during Steam Scream Fest (October 26-November 2). The lineup includes four games: The Cecil (puzzle horror), Chasmal Fear (co-op FPS horror), Stoneguard (medieval strategy), and Zombie Within (social deduction game). The company acquired publishing rights to four indie titles in the last quarter, reflecting its strategy to expand in the indie game market. During the event, demos will be available for The Cecil and Chasmal Fear, while Zombie Within will be offered at a 50% discount.
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