Zumba Fitness franchise crosses 6 million sold
Majesco's sequel to dance exercise game crosses 1 million sold milestone, helping push publisher's bottom line into positive territory for full year.
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In August 2011, Majesco announced that its Zumba Fitness franchise had sold 3 million units. Now, the publisher has revealed that in the five months following, the series has grown twice over.
As part of its latest financial report, Majesco announced that sales of the Zumba Fitness franchise have climbed to 6 million. The company also noted that Zumba Fitness 2--which went on sale in November--has sold 1 million units worldwide.
As for Majesco's business in total, for the company's fourth quarter ended October 31, 2011, the publisher's net revenues stood at $25.1 million, up 8 percent from the same period last year.
Majesco's net loss for its fourth quarter stood at $3.9 million, compared to a net loss of $1.5 million during the same period last year. According to the publisher, the quarter's net loss included a loss on "impairment of software development costs," as well as licensing fees it paid at $2.7 million.
For Majesco's full year 2011, the publisher's net revenues surged 66 percent over last year's haul to $125.3 million. For the year, Majesco recorded net income of $6.8 million, compared to a net loss of $1.0 million during the year prior.
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