slowios6.1.3越狱

2014ThirdQuarterPresentationTheFuncomGroupFuncomN.
V.
andsubsidiariesPleasesendquestionsto3Q14@funcom.
comWewillaimtoanswerasmanyquestionsaspossibleattheendofthispresentation.
Disclaimer–forwardlookingstatementsThispresentationcontainsforward-lookingstatementsthatinvolverisksanduncertainties.
Allstatementsotherthanstatementsofhistoricalfactsareforward-looking.
Youshouldnotplaceunduerelianceontheseforward-lookingstatementsformanyreasons.
Theseforward-lookingstatementsreflectcurrentviewswithrespecttofutureeventsandarebytheirnaturesubjecttosignificantriskanduncertaintiesbecausetheyrelatetoeventsanddependoncircumstancesthatwilloccurinfuture.
Thereareanumberoffactorsthatcouldcauseactualresultsanddevelopmentstodiffermateriallyfromthoseexpressedorimpliedbytheseforward-lookingstatements.
Althoughwebelievethattheexpectationsreflectedintheforward-lookingstatementsarereasonable,wecannotassureyouthatourfutureresults,levelofactivityorperformancewillmeettheseexpectations.
Moreover,neitherwenoranyotherpersonassumesresponsibilityfortheaccuracyandcompletenessoftheforward-lookingstatements.
Unlesswearerequiredbylawtoupdatethesestatements,wewillnotnecessarilyupdateanyofthesestatementsafterthedateofthispresentation,eithertoconformthemtoactualresultsortochangesinourexpectations.
Privateandconfidential–intendedsolelyforusebytherecipientPleasesendyourquestionsto3Q14@funcom.
comAgenda1.
Keyhighlights3Q20142.
Keyfinancials3.
Projectstatus1.
LargescaleMMO's2.
Gamesindevelopment4.
SummaryandOutlookPrivateandconfidential–intendedsolelyforusebytherecipientPleasesendyourquestionsto3Q14@funcom.
comHighlightsRevenuesdecreasedfrom3,190TUSDin2Q14to2,651TUSDin3Q14TotalEquityoftheCompanydecreasedto-3,307TUSDattheendof3Q14comparedto553TUSDattheendof2Q14Cashpositionincreasedfrom2,698TUSDattheendof2Q14to3,306TUSDattheendof3Q14TheCompanyrecordedin3Q14animpairmentonintangibleassetsintheamountof5,760TUSDLEGOMinifiguresOnlinestarteditssixmonthroll-outonOctober1st,launchingontimeonWindowsPCinEnglish,French,GermanandSpanishspeakingmarketsTheinitialnumberscomingfromthefirstweeksoflivedatacomingfromLEGOMinifiguresOnlinecurrentlyindicatethatitwilltakelongerthanplannedtoachievetheinitialinternalplayerandrevenuenumbertargetsfor2014and2015ThecurrentLiveGames–AnarchyOnline,AgeofConanandTheSecretWorld–continuetocontributepositivelytotheCompany'sresultsdespiteaslownaturaldeclineinplayersandrevenuesduetotheirageTheproprietaryDreamWorldtechnologyiscross-platformcompatible,runningonWindows,Mac,iOSandAndroiddevicesThecompanyannouncedpartnershipswithbothIntelandAmazonforthedevelopmentoftheLEGOMinifiguresgamesonselecteddevicesOleSchreinersteppeddownasaCEOandManagingBoardmemberofFuncomN.
V.
MichelCassiushastemporarilyjoinedasManagingBoardmembertostrengthentheoverallmanagementwhilsttheCompanyislookingforanewCEOPrivateandconfidential–intendedsolelyforusebytherecipientPleasesendyourquestionsto3Q14@funcom.
comAgenda1.
Keyhighlights3Q20142.
Keyfinancials3.
Projectstatus1.
LargescaleMMO's2.
Gamesindevelopment4.
SummaryandOutlookPrivateandconfidential–intendedsolelyforusebytherecipientPleasesendyourquestionsto3Q14@funcom.
comKeyFinancialSummaryRevenuesMainsource:revenuesfromTheSecretWorldandAgeofConangamesRevenueslowerthan3Q13followinggradualdecreaseofsales.
Revenuesandbillingshavedecreasedby539TUSDcomparedto2Q14duetoslightlyweakerin-gamesales.
EBITDAAftersuccessfulcompletionoftheorganizationalrestructuringin2013operatingcostsare1,020TUSDlowerthan3Q13EBITDAof-468TUSDislowerthanin3Q13sincethereductionofrevenuesexceedsreductionofoperatingcosts.
EBITThecompanyrecordedin3Q14animpairmentonintangibleassetsintheamountof5,760TUSD,withasignificantimpactontheEBITDebtConvertiblebondsof6,200TUSD,convertibleloanof4,000TUSD,workingcapitalloanof3,950TUSDand1,439TUSDbankloansecuredbytaxcredits.
The1,439TUSDbankloanwascompletelyrepaidinearlyNovemberafterthereceiptof2,365TUSDtaxcredits.
Therepaymentduedateofthe3,950TUSDworkingcapitalloanwaspostponedfrom31January2015to31January2016Privateandconfidential–intendedsolelyforusebytherecipientTUSD3Q20143Q2013Revenues2,6515,336EBITDA-4681,729EBIT-6,599826EAT-7,018108Pleasesendyourquestionsto3Q14@funcom.
comKeyFinancialSummary,3Q2014-RevenuePrivateandconfidential–intendedsolelyforusebytherecipient05001,0001,5002,0002,5003,0003,5004,0004,5004Q20131Q20142Q20143Q20144,2703,8363,1902,651QuarterlyRevenues(TUSD)Pleasesendyourquestionsto3Q14@funcom.
comKeyFinancialSummary,3Q2014–OperatingcostsPrivateandconfidential–intendedsolelyforusebytherecipient01000200030004000500060004Q20131Q20142Q20143Q20144,0373,3853,6743,119QuarterlyOperatingcosts(TUSD)Pleasesendyourquestionsto3Q14@funcom.
comAgenda1.
Keyhighlights3Q20142.
Keyfinancials3.
Projectstatus1.
LargescaleMMO's2.
Gamesindevelopment4.
SummaryandOutlookPrivateandconfidential–intendedsolelyforusebytherecipientPleasesendyourquestionsto3Q14@funcom.
comLarge-scaleMMO'sTwonewmissionpacksforTheSecretWorldwerereleasedintheperiod-Love&LoathingandTheLastPaganTheteamisworkingonIssue#10forTheSecretWorld,tobereleasedthisHolidayseasonFullyupdatedversionofthehigh-endraidsinAgeofConanwerelaunchedinOctoberHalloweeneventswereheldinallthreegames,withincreasedspendingandplayernumbersthroughouttheperiodPlayernumbersandrevenuearedecreasingforthethreeoldergames,withincreasedcompetitionbothwithinthegenreaswellasfromcompetingplatformsInvestmentlevelsforallcurrentgamesareconstantlybeingalignedwithexpectedrevenuetoensurealllivegameshaveapositivenetcontributiontothecompanyPrivateandconfidential–intendedsolelyforusebytherecipientPleasesendyourquestionsto3Q14@funcom.
comAgenda1.
Keyhighlights3Q20142.
Keyfinancials3.
Projectstatus1.
LargescaleMMO's2.
Gamesindevelopment4.
SummaryandOutlookPrivateandconfidential–intendedsolelyforusebytherecipientPleasesendyourquestionsto3Q14@funcom.
comLEGOMinifiguresOnline-UpdatePrivateandconfidential–intendedsolelyforusebytherecipientPleasesendyourquestionsto3Q14@funcom.
comLEGOMinifiguresOnline–Free-to-PlayPrivateandconfidential–intendedsolelyforusebytherecipientLEGOMinifiguresOnlineisacross-platformfree-to-playgametargetedatkidsaged7-12aswellasLEGOfansofanyageWhatdefinesagameinthe"Freetoplay"spaceisthefreeentrancetothegamewhereyoucanplaythewholegame,orpartsofit,forfreeTheCompanywillforLEGOMinifiguresOnlinecontinuouslyevaluatedifferentbusinessmechanicsinthe"Freetoplay"segmentandchangeandadaptaccordingtomarketneedsTypicallyagameinthe"Freetoplay"spacewillstartsoftwithfocusedmarketinginlimitedmarketswhileconstantlytweakingandevenchanginggameandbusinessmechanicsformonthsandyearsaftercommerciallaunchRevenueswilltypicallyfollowthesametrend,startingsoftforthentobegrownconstantlyasthegameevolvesovermonthsandyearsTheCompanystronglyadvisesinvestorstoseekmoreinformationaboutthegameindustryingeneralandthe"Freetoplay"spaceintermsofrevenueexpectationsinparticularPleasesendyourquestionsto3Q14@funcom.
comLEGOMinifiguresOnline-UpdatePrivateandconfidential–intendedsolelyforusebytherecipientLEGOMinifiguresOnlineleftOpenBetaonOctober1stasplanned,andreleasedfullylocalizedforGerman,FrenchandSpanish.
Arevisedwebsitewentlive,fullylocalizedandwithasimpleone-clickaccesstotheLEGOMinifiguresOnlineinstallerThelaunchphaseforthegamespanstheperiodfromOctober1st2014untilApril2015.
Inthatperiodnewplatformsandmarketswillbelaunched,andallgamefeaturesandmetricswillbeoptimizedandtweakedNewsetof16MinifigurestobereleasedinretailstoresbyLEGOinJanuary2015,withcodeintegrationtotheLEGOMinifiguresOnlinegameTheinitialnumberscomingfromthefirstweeksoflivedatacomingfromLEGOMinifiguresOnlinecurrentlyindicatethatitwilltakelongerthanplannedtoachievetheinitialinternaltargetforplayerandrevenuein2014and2015Pleasesendyourquestionsto3Q14@funcom.
comLEGOMinifiguresOnline–UpdatecontinuesPrivateandconfidential–intendedsolelyforusebytherecipientInOctober,Funcomsignedaco-developmentandco-marketingagreementwithIntelCorporation.
TheagreementsincludesignificantdevelopmentsupportthatwillseethegameoptimizedforIntelpoweredplatformsInOctober,Funcomalsosignedaco-developmentandco-marketingagreementwithAmazonInc.
TheagreementwillseethegameoptimizedforAmazonFireTVandHDXtablets.
FuncomwillalsoworkcloselywithbothAmazonandInteltopromotethegameinvariousonlineandretailchannelsaswellasindustryexhibitionsandeventsTheMacintoshversionofthegameiscurrentlytestedbeforeitsrelease.
BoththeiOSandAndroidtabletversionsarecurrentlyinClosedBetaPleasesendyourquestionsto3Q14@funcom.
comLEGOMinifiguresOnline–UpdatecontinuesPrivateandconfidential–intendedsolelyforusebytherecipientThegameisconstantlytweakedandupdatedbasedonplayerfeedbackandmetrics.
Recentupdatescurrentlyinclude:All16LEGOMinifiguresfromSeries12PhysicaltoyintegrationviaredeemablecodesthatunlockminifiguresinthegameElementalaffinitysystem–increasingtheneedformoreminifiguresinyourcollectionNewrepeatablechallengesinabrandnewgameworldAchievementSystem–drivesrepeatplayandengagementImprovedmapsystemsImprovementontheoveralldatacapturingtoolsIntheweeksandmonthsaheadupdateswillincludeFocusonimprovingthefunnel,newuserengagement,retentionandconversionAll16LEGOMinifiguresfromSeries13–tobereleasedinJanuary2015NewgamemodestobeaddedfromthestartofthegameContinuedadjustmentsofthemonetizationandoffersSupportfornewplatforms,includingiOSandselectAndroidtabletsPleasesendyourquestionsto3Q14@funcom.
comAgenda1.
Keyhighlights3Q20142.
Keyfinancials3.
Projectstatus1.
LargescaleMMO's2.
MMO'sindevelopment4.
SummaryandOutlookPrivateandconfidential–intendedsolelyforusebytherecipientPleasesendyourquestionsto3Q14@funcom.
comSummaryandOutlookRevenueshavedecreasedfrom3,190TUSDin2Q14to2,651TUSDin3Q14duetotheageofourLiveGames.
ThetrendofslowlydecliningrevenueonthecurrentLivegameportfolioisexpectedtocontinuein4Q14.
TheCompanywillcontinuetosupportthecurrentLiveGamesaslongastheycontinuetocontributepositivelytotheCompany'sresults.
LEGOMinifiguresOnlinehasenteredits6monthslaunchphaseonOctober1.
TheinitialnumberscomingfromthefirstweeksoflivedatacomingfromLEGOMinifiguresOnlinecurrentlyindicatethatitwilltakelongerthanplannedtoachievetheinitialinternalplayerandrevenuenumbertargetsfor2014and2015.
Thecompanywillcontinuetoreviewandimprovethegameanditskeymetrics.
ThegamewillbelaunchedonMac,iPadandselectedAndroiddevicesinthecomingmonths.
Thecompanyhasrecordedimpairmentsfor5,760TUSDin3Q14basedontheforecastedfutureprofitabilityoftheGames.
Thecashpositionhasimprovedfrom2,698TUSDattheendof2Q14to3,306TUSDattheendof3Q14Thecompanywillcontinuetoaligncoststocurrentandfuturerevenues.
Thisisthecontinuationofaprocessthatstartedtwoyearsago.
Attheendof3Q14,theCompanyhastheabilitytofunditsoperationinthenexttwelvemonths,continuetosupportitsgamesaswellasstartworkingonthedevelopmentofanewgamein2015.
Privateandconfidential–intendedsolelyforusebytherecipientPleasesendyourquestionsto3Q14@funcom.
comThankyou3Q14report,19November2014