Ten Square Games

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Ten Square Games
Mobile game developer
Founded2011
FounderMaciej Popowicz and Arkadiusz Pernal
HeadquartersWrocław, Poland
Website[// ] 

Ten Square Games (TSG, TEN) is a Poland mobile game developer, with headquarters in Wrocław and an additional studio in Warsaw. The company focuses on the production of hobby games in a free-to-play distribution model. Since 2011, it has released more than 200 games, including Let’s Fish, Fishing Clash and Wild Hunt.[1]

History

The name refers to a 10-square-metre apartment, where the company was started in 2011. It was founded by Maciej Popowicz and Arkadiusz Pernal who had previously launched the NK.pl social networking service.[2][3]

In 2018 Ten Square Games went Public company and its Share (finance)s started trading at the Warsaw Stock Exchange.[4][5] At the initial public offering, the company’s Market capitalization was PLN 335 million.[6] In June 2020 it rose to over PLN 4 billion which means that, given the USD/PLN exchange rate at that time, the company is worth more than USD 1 billion.[7]

As of June 2020, the company Chief executive officer is Maciej Zużałek, while both Maciej Popowicz and Arkadiusz Pernal have remained TSG team members. The company announced a new strategy which is focused on further organic development of its Wrocław hub, development of new studios in other locations, as well as mergers and acquisitions of other studios or teams, both in Poland and internationally.[8][9]

The company currently employs over 250 people. Its games have more than 21 million active players.[10]

Key games

The company’s first game to gain global prominence was Let’s Fish, released in 2012 for desktop and in 2014 for mobile devices. The game allows the players to travel to more than 40 realistic places around the world, such as Rio Negro (Amazon), Alaska, Fjord or Lake Baikal. They try to catch the biggest fish out of numerous species and compete with other players in various tournaments and world championships.[11] In 2019 the game generated PLN 15.2 million of sales.[12]

In 2017 the company released Fishing Clash, which has become its best-selling game. It is a combination of a fishing Simulation, as well as outdoor and sports game. It allows players to travel to locations where they catch various species of fish and score points to become a ‘fish game king’.[13] In 2019 the game generated PLN 206 million of sales.[14] The game was ranked as the highest grossing sports game in 69 countries on iOS and 71 on Android (operating system).[15]

Also in 2017 the company launched Wild Hunt, which is an action shooter game that allows players to travel to realistic hunting locations across all continents and hunt animals that inhibit those territories. In 2019 the game generated PLN 9.6 million of sales.[16]

In 2019 new games were launched, such as Hunting Clash, Golf Rush, Flip This House, Solitales.

In the first quarter of 2020 the company’s sales structure was based on North America (40.3%), Europe (41.4%), Asia (13.6%), and other markets (4.7%). As much as 96% of its sales was generated by the so called Micropayment (in app purchases).[17]

External links

References

  1. ↑ "About Us". Ten Square Games (in polski). Retrieved 2020-06-26.
  2. ↑ "About Us". Ten Square Games (in polski). Retrieved 2020-06-26.
  3. ↑ "KNF (POLISH FINANCIAL SUPERVISION AUTHORITY) HAS APPROVED THE PROSPECTUS OF TEN SQUARE GAMES". Ten Square Games (in polski). Retrieved 2020-06-26.
  4. ↑ "Ten Square Games debuted on the Warsaw Stock Exchange". Ten Square Games (in polski). Retrieved 2020-06-26.
  5. ↑ "Successful debut of Ten Square Games on the Warsaw Stock Exchange". www.haitongib.com. Retrieved 2020-06-26.
  6. ↑ "Ten Square Games debuted on the Warsaw Stock Exchange". Ten Square Games (in polski). Retrieved 2020-06-26.
  7. ↑ "Ahmad Piraiee posted on LinkedIn". www.linkedin.com. Retrieved 2020-06-26.
  8. ↑ "TEN SQUARE GAMES STRENGTHENS MANAGEMENT FOR A NEW PHASE OF DEVELOPMENT". Ten Square Games (in polski). Retrieved 2020-06-26.
  9. ↑ Polska, Grupa Wirtualna (2020-04-21). "M. Zużałek ma zastąpić M. Popowicza na stanowisku prezesa Ten Square Games". www.money.pl (in polski). Retrieved 2020-06-26.
  10. ↑ "About Us". Ten Square Games (in polski). Retrieved 2020-06-26.
  11. ↑ "Let's Fish". Ten Square Games (in polski). Retrieved 2020-06-26.
  12. ↑ "2019 Ten Square Games financial results". Ten Square Games (in polski). Retrieved 2020-06-26.
  13. ↑ "Fishing Clash - fishing in a truly world sport style". Retrieved 2020-06-26.
  14. ↑ "2019 Ten Square Games financial results". Ten Square Games (in polski). Retrieved 2020-06-26.
  15. ↑ APP ANNIE data, 26 June 2020
  16. ↑ "2019 Ten Square Games financial results". Ten Square Games (in polski). Retrieved 2020-06-26.
  17. ↑ Polska, Grupa Wirtualna (2020-05-25). "Ten Square Games miał 35,34 mln zł zysku netto, 37,56 mln zł zysku EBIT w I kw. 2020 r." www.money.pl (in polski). Retrieved 2020-06-26.

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