ZYNGA DECLARES 2021 FOURTH QUARTER, FULL YEAR FINANCIAL RESULTS

KUALA LUMPUR, Feb 10 (Bernama) -- Zynga Inc, a global leader in interactive entertainment with a mission to connect the world through games, has released financial results for the fourth quarter and full year ended Dec 31, 2021.

“Our strong Q4 results capped off our record 2021 performance where we delivered our highest annual revenue and bookings ever, while reaching the largest mobile audience in Zynga history,” said Zynga Chief Executive Officer, Frank Gibeau in a statement.

“I am proud of our team’s execution across all aspects of our growth strategy including live services, new game development and investments in our advertising platform, new markets and technologies to solidify Zynga as a leading mobile-first, free-to-play live services company.”

Fourth Quarter 2021 Financial Summary includes the company achieved record Q4 revenue of US$695 million, an increase of 13 per cent year-over-year, and its best-ever quarterly bookings of US$727 million, up four per cent year-over-year. (US$1 = RM4.184)

In addition, average mobile daily active users (DAUs) were 37 million, up three per cent year-over-year, and average mobile monthly active users (MAUs) were 184 million, up 38 per cent year-over-year.

Cost of revenue was US$260 million or 37 per cent of revenue, compared to 41 per cent of revenue in the year-ago quarter. Non-GAAP cost of revenue was US$194 million or 27 per cent of bookings, down from 28 per cent of bookings in the year-ago quarter.

Meanwhile, 2021 Annual Financial Summary, among others, includes the company having achieved its highest-ever annual revenue of US$2,801 million, an increase of 42 per cent year-over-year, and its best-ever annual bookings of US$2,826 million, up 24 per cent year-over-year.

Furthermore, its record annual average mobile DAUs were 39 million, up 41 per cent year-over-year, and all-time best annual average mobile MAUs were 184 million, up 107 per cent year-over-year.

With massive global reach in more than 175 countries and regions, Zynga has a diverse portfolio of popular game franchises that have been downloaded more than four billion times on mobile including CSR Racing™, Empires & Puzzles™, and FarmVille™

More details at www.zynga.com.

-- BERNAMA