The profit of the Pokémon Company is 26 times higher than in the previous year. The reason for this is Pokémon GO, which sparked a hype around the world.
In the summer of 2016, the release of Pokémon GO created a huge hype that captivated millions of players. Even though the hype has since subsided, the game had an enormous impact on the profit of the Pokémon Company.
Huge profit jump for the company
The Pokémon GO Company regularly reports the profit figures for its fiscal years. For the fiscal year 2017 (February 28, 2016 to February 28, 2017), the figures are at a remarkable level. 143.3 million dollars in profit was generated by the company in fiscal year 2017. This is about 26 times as much as in fiscal year 2016, when the company made about 5.6 million dollars in profit.
By the way, in this case we are really talking about profit or net income – these are the figures after the usual deductions. It’s interesting to compare the current profit with the years before.
- FY 2013: 16.6 million dollars
- FY 2014: 10.6 million dollars
- FY 2015: 18.4 million dollars
- FY 2016: 5.6 million dollars
- FY 2017: 143.3 million dollars
The profit jump is likely not just related to Pokémon GO, but also with other Pokémon games that fans have been looking forward to for a long time. Pokémon Sun and Moon were also released in the successful fiscal year 2017. The Pokémon games X and Y, by the way, were released in FY 2014, which was not one of the best profit years.
The success of Pokémon GO was already remarkable from the release of the app. The revenue of the first month was estimated at 200 million dollars.
Big updates planned for Pokémon GO
In the future, the success of Pokémon GO is expected to continue. After adding the Pokémon of the 2nd generation in the winter, now the legendary Pokémon are finally coming in summer, which trainers have been waiting for. Additionally, choosing a team is expected to become more significant.
For trainers who stopped playing Pokémon GO last summer, there will soon be new reasons to start playing again.
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