10Tacle extends by 50 percent

Revenue increases to 19.4 million euros for the first half of 2007, attributes much of this to expansion in Asia.

Darmstadt, Germany-based 10Tacle Studios has reported its first half of 2007 earnings, which see the company continuing to perform well. Revenue was up to 19.4 million euros ($26.4 million), up by over 50 percent over last year's 12.71 million euros ($17.3 million) for the equivalent time period. Earnings before interest and taxes were also up to 3.37 million euros ($4.6 million), a 45 percent leap on the 2.3 million euros ($3.1 million) reported in the first half of 2006.

10Tacle Studios' forecast for the rest of 2007 is for figures of approximately 52 million euros ($71 million) in revenue, and 9.3 million euros ($12.7 million) in earnings before sales and taxes. Earnings per share were 0.33 euros (45 cents) as of June 30.

The developer attributed the revenue and earnings growth to a number of different factors, including a 14 million-euro ($19 million) cash injection from the Asia Games and Media Private Equity Fund based in Singapore, which has allowed the company to expand into Asia.

Upcoming 10Tacle titles include Elveon, a fantasy action role-playing game, in which gamers play a warrior elf attempting to liberate the city of Nimathar.

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Discussion

23 comments
wvuoates
wvuoates

Is this game ever going to come out.

wvuoates
wvuoates

Is this game ever going to come out.

Deimonian
Deimonian

Moldy news, but I can't resist to point out how uncreative the developers (or whoever made the title) are, I mean come on, "Elveon" ?

NoDice_386
NoDice_386

Bringing this thread back from the dead. Too bad they can't do that for this game.

Nibustan
Nibustan

Damn this has taken them a long time, heard of this like Q2 2006

Scotland01
Scotland01

looks good wish there was more info

belwyrm
belwyrm

Can't seem to Find anything on Elveon, even at the "official" game website....

kajtrooper
kajtrooper

never heard of this... any of this

Targzissian
Targzissian

Haven't heard much about Elveon lately.

Goliathvv
Goliathvv

Wow MogFromLeipzig... The guy surely wants to increase the 10Tacle Studio's domain in the games industry... These guys are starting a long way to become the "new EA", I guess...

MogFromLeipzig
MogFromLeipzig

I read an interview with a 10tacle guy (Michele Pes) lately. An excerpt (translated from German): "Are you interested in buying online game content from other countries like Korea?" "I am interested in buying studios. Not only content, complete studios." "But maybe it would be a first step to license content. How much are you interested into licensing content?" "I want to buy studios."

comthitnuong
comthitnuong

Good to see them grow they did a good job with GTR2, so hopefully thier next game will be as hight of a quality as GTR2.

Pete5506
Pete5506

This is a new game to me, well I will add it to my watch list

Winsauce
Winsauce

10Tacle? That may be the best game studio name ever.

ashuncc2
ashuncc2

I haven't heard much about Elveon. Anything new?

pete_merlin
pete_merlin

*its a freeeeee ride that you've already paid*

nobeaner
nobeaner

The latest update was earnings. Not about Elveon. Sad.

The_Weekend
The_Weekend

wow, singapore gets a mention here! :D

ghettokid15
ghettokid15

finally something new dang they take way to long

Warfust
Warfust

Another standard RPG, I can only hope it has some "spin".

diablobasher
diablobasher

"Elveon, a fantasy action role-playing game, in which gamers play a warrior elf attempting to liberate the city of Nimathar." Translation = Generic high fantasy RPG... Woooooooh... ... ...