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Funcom Q2 Financials: 5.73 Million USD Lost

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Comments

  • AOCtesterAOCtester Member, Newbie CommonPosts: 431
    Originally posted by DalcarCarosu


    I for one dont care if the Subs drop hopefully it will get rid of most of these ultra negative people and they will go back to wow or whatever the planet they came from, :)



     

    You expect AOC to keep progressing with 5 million dollar loss every Q from now on ?  lol...  how naive some ppl are.   The game will pretty much have to close 90% of the servers and cut down on all development (including bug fixing) to even have a chance of survifing.   I know you dont care.... lol... gratz in advance when you realise what this means....

  • hobo9766hobo9766 Member UncommonPosts: 457

    Like I said in the other thread. Let them have an aoc/ao sub combo. Nothing to lose all the servers in both games are empty.

  • SlytheSlythe Member UncommonPosts: 952
    Originally posted by Zekiah

    Originally posted by DalcarCarosu


    I for one dont care if the Subs drop hopefully it will get rid of most of these ultra negative people and they will go back to wow or whatever the planet they came from, :)

    That's the problem with fanboi attitudes, you'd rather everyone leave than listen to someone complain about what's wrong with the game. Enjoy your future solitary gaming experience.

     

    I couldn't have said it better myself. Plus, why do all fanboi's insist on using smileys in everything they post? Did anyone else notice this?

    By the by, WoW sux and I'm from planet earth.

  • aeternavitaaeternavita Member Posts: 14

    Copied from the pdf:

    Launch status

    •The largest MMO launch since WOW

    •One of the largest PC launches in this decade

    •Accumulated sell-in of over 1.2 million copies

    •On top of sales charts in all major markets for several weeks/months.

    •Over 800.000 copies sold through to customers.

    •415.000 customers per August 14

    What bothers me is the inclusion of Q3 data in the Q2 report. What was that number on June30? Where are the other 400k of the 1.2mil total boxes and which way are they moving through the channel? (Are they going out or are they coming back in?)

    How many of the 415k are comped accounts, 3month, 6month, banned, stale? What happened to the THREE HUNDRED AND EIGHTY FIVE THOUSAND customers we lost?!  Are they behind the fridge in the breakroom? Is a 52% retention rate acceptable?

    Whoever wrote the bullets doesn't have the first clue on how to inspire investor confidence, a lolcat picture with "we're in ur portfolio noming ur moniez" as a caption would have a similiar effect. For goodness sake don't mention the competition unless you're beating the crap out of them! "We're number 2!" is not a positive first impression in a bullet list.

    It should have been:

    • Our biggest launch ever!
    • We pushed 1.2million copies out the door
    • Two out of every three boxes sold before end of quarter
    • Monthly revenue stream at $6.25million (or whatever it would have been on june30)
    • Across the board we own the sales charts!

    That way people think "holy crap that's a lot of boxes, that's a lot of sales, that's a lot of money".

    As it is it just looks like a trainwreck and I can't stop watching.

  • AOCtesterAOCtester Member, Newbie CommonPosts: 431

     

    Hmm lets see what the investors say....

    http://uk.finance.yahoo.com/q/bc?t=5d&s=FUNCOM.OL&l=on&z=m&q=l&c=

    exactly - they know that AOC is dead considering WAR and WOTLK is launching in the next months.  No way one single person will be taking chance of supporting Funcom by giving them their money.

  • hobo9766hobo9766 Member UncommonPosts: 457

    It hits zero I'll buy funcom! LOL

  • BazankoBazanko Member Posts: 130

    Well dont know where people are ranting that the subscriber base for august is included like on the official boards, because as i read it the figures were accumilated on 30th june and then passed on.

    http://forums-eu.ageofconan.com/showthread.php?t=85610&page=12

    " The unaudited interim condensed consolidated financial statements of the Group for the six months ended

    30 June 2008 have been prepared in accordance with IFRS/IAS 34. This means that these interim financial

    statements do not include all information and disclosures required in annual financial statements but only

    selected significant information. "

    " 30 June 2008 were approved for

    issue by the supervisory board on 14 August 2008."

    so yes funcom lie again as they cannot fudge the figures after 30th june.

  • NeverknowNeverknow Member Posts: 224

    Well, the saps still playing AO think they're actually gonna get a new graphics engine when the company is losing money left and right, so maybe they'll get a consolation prize: no new graphics, but they'll move AO onto one of the newer AoC severs while merging all AO server pop together, while the remaining AoC players all get merged into one other server running AoC. Then Funcom can tote and brag about having two games hosted on one server each just like Eve.

  • ArthousesigArthousesig Member Posts: 305
    Originally posted by Bazanko


    Well dont know where people are ranting that the subscriber base for august is included like on the official boards, because as i read it the figures were accumilated on 30th june and then passed on.
    http://forums-eu.ageofconan.com/showthread.php?t=85610&page=12
    " The unaudited interim condensed consolidated financial statements of the Group for the six months ended

    30 June 2008 have been prepared in accordance with IFRS/IAS 34. This means that these interim financial

    statements do not include all information and disclosures required in annual financial statements but only

    selected significant information. "
    " 30 June 2008 were approved for

    issue by the supervisory board on 14 August 2008."
    so yes funcom lie again as they cannot fudge the figures after 30th june.

     

    Exactly - the quote from Funcom's investor presentation:

    "415,000 customers as of August 14th"

    Is a lie, it's simply fraudulent reporting to investors

  • DalcarCarosuDalcarCarosu Member Posts: 37
    Originally posted by Slythe

    Originally posted by Zekiah

    Originally posted by DalcarCarosu


    I for one dont care if the Subs drop hopefully it will get rid of most of these ultra negative people and they will go back to wow or whatever the planet they came from, :)

    That's the problem with fanboi attitudes, you'd rather everyone leave than listen to someone complain about what's wrong with the game. Enjoy your future solitary gaming experience.

     

    I couldn't have said it better myself. Plus, why do all fanboi's insist on using smileys in everything they post? Did anyone else notice this?

    By the by, WoW sux and I'm from planet earth.



     

    First I am not a fanboy but I enjoy the game and even that I cant do because people are tryingt to tell me different, if I even mention I like it I get jumped by a 1000 haters telling me that I am either a noob or a fanboy.. Hell I am not forcing anyone doing anything they dont like and I am not bitching about games other people are playing. So can you understand why I think all you haters are.. well frankly lame? :) :) :)

    You are spending at it seems all your free time trolling this forum insteed doing something more usefull whith your time

    Just gonna add some :) :) :)

     

     

  • ArthousesigArthousesig Member Posts: 305

    smileys neither make you happy nor make you appear smart ;)

  • DalcarCarosuDalcarCarosu Member Posts: 37
    Originally posted by Arthousesig


    smileys neither make you happy nor make you appear smart ;)



     

    Must be why you just put one in there..

  • NeverknowNeverknow Member Posts: 224
    Originally posted by DalcarCarosu

    Originally posted by Slythe

    Originally posted by Zekiah

    Originally posted by DalcarCarosu


    I for one dont care if the Subs drop hopefully it will get rid of most of these ultra negative people and they will go back to wow or whatever the planet they came from, :)

    That's the problem with fanboi attitudes, you'd rather everyone leave than listen to someone complain about what's wrong with the game. Enjoy your future solitary gaming experience.

     

    I couldn't have said it better myself. Plus, why do all fanboi's insist on using smileys in everything they post? Did anyone else notice this?

    By the by, WoW sux and I'm from planet earth.



     

    First I am not a fanboy but I enjoy the game and even that I cant do because people are tryingt to tell me different, if I even mention I like it I get jumped by a 1000 haters telling me that I am either a noob or a fanboy.. Hell I am not forcing anyone doing anything they dont like and I am not bitching about games other people are playing. So can you understand why I think all you haters are.. well frankly lame? :) :) :)

    You are spending at it seems all your free time trolling this forum insteed doing something more usefull whith your time

    Just gonna add some :) :) :)

     

     

    Sorry, but you have no recourse. As Gaute pointed out, only the "vocal minority" post on forums, while those who like the game play it. So, for you to be here, either you really don't like the game and are part of the "vocal minority", or you should hop back in the game and play like a good boy.

     

    Hey, Gaute and Funcom made the rules, i'm just passing 'em along.

  • ArthousesigArthousesig Member Posts: 305
    Originally posted by DalcarCarosu

    Originally posted by Arthousesig


    smileys neither make you happy nor make you appear smart ;)



     

    Must be why you just put one in there..

     

    Must be my sarcasm going over your head

  • anonymousseanonymousse Member Posts: 61
    Originally posted by DalcarCarosu

    Originally posted by Slythe

    Originally posted by Zekiah

    Originally posted by DalcarCarosu


    I for one dont care if the Subs drop hopefully it will get rid of most of these ultra negative people and they will go back to wow or whatever the planet they came from, :)

    That's the problem with fanboi attitudes, you'd rather everyone leave than listen to someone complain about what's wrong with the game. Enjoy your future solitary gaming experience.

     

    I couldn't have said it better myself. Plus, why do all fanboi's insist on using smileys in everything they post? Did anyone else notice this?

    By the by, WoW sux and I'm from planet earth.



     

    First I am not a fanboy but I enjoy the game and even that I cant do because people are tryingt to tell me different, if I even mention I like it I get jumped by a 1000 haters telling me that I am either a noob or a fanboy.. Hell I am not forcing anyone doing anything they dont like and I am not bitching about games other people are playing. So can you understand why I think all you haters are.. well frankly lame? :) :) :)

    You are spending at it seems all your free time trolling this forum insteed doing something more usefull whith your time

    Just gonna add some :) :) :)

     

     

     

    If you had so much faith in the game you love so much, you wouldn't feel the need to post to defend it. You'd let the game do the talking.

     

    :)

  • ZeGerman1942ZeGerman1942 Member Posts: 199

    Not sure if that has been mentioned yet but of the 415.000 subscribers at the end of June, not everyone is a paying customer.

     

    Customers is defined as:

     

    - Players who are either subscribing or playing for the first 30 days included in the sale of the box.

     

    So anyone who purchased a game box at or after June 1st would still be included in that number.

     

    Out of the 800.000 boxes, i think the majority would have been sold at or after June 1st.

     

    So my personal guess would be that on June 30th, most of the people still playing the game, so most of the 415.000 listed in the report, were on their first free 30 days.

  • BazankoBazanko Member Posts: 130

    hehe yes i just read the presentation and compared it to the official report.

    so just to clear things up there is the official report pdf.

    and there is also a presentation some one at funcom has knocked up and published with alternatively worded figures.

    AOC forums has links to the power point presentation which is being hailed as the offial report, yet the real official report is onfuncoms website as a pdf. 

     












  • ArthousesigArthousesig Member Posts: 305
    Originally posted by ZeGerman1942


    Not sure if that has been mentioned yet but of the 415.000 subscribers at the end of June, not everyone is a paying customer.
     
    Customers is defined as:
     
    - Players who are either subscribing or playing for the first 30 days included in the sale of the box.
     
    So anyone who purchased a game box at or after June 1st would still be included in that number.
     
    Out of the 800.000 boxes, i think the majority would have been sold at or after June 1st.
     
    So my personal guess would be that on June 30th, most of the people still playing the game, so most of the 415.000 listed in the report, were on their first free 30 days.

     

    ooooh the plot thickens

  • hobo9766hobo9766 Member UncommonPosts: 457

    Stock price is going down.

  • ArthousesigArthousesig Member Posts: 305
    Originally posted by hobo9766


    Stock price is going down.

     

    Market hasn't been open long, so that could be totally temporary

    woah just had a look, down 11.2% in 2 hours XD

     

    woops I refreshed the page, it's now 11.7% down

  • tifustifus Member Posts: 6

    this is just like hellgate london....but worse. they atleast acknoledged they had a problem and tried to fix some issues...these guys have lied so much they themselves are starting to believe it.

  • BazankoBazanko Member Posts: 130

     Presentation and report are two diffrent things!

    unfortunaly people plugging per 14 august are getting there info from a copy pasted and edited presentation.

     

    Actual report ( which does not say per 14 august)  = realist material  

    http://www.funcom.com/funcom/frontend/files/CONTENT/Funcom_Q208_report.pdf

     

     

    Alterd presentation. (stateing per 14 august , Spin)    = fanboy material 

    http://www.funcom.com/funcom/frontend/files/CONTENT/Funcom_Q208_presentation.pdf

     

     

  • ArthousesigArthousesig Member Posts: 305
    Originally posted by Bazanko


     
    Actual report ( which does not say per 14 august)  = realist material  
    http://www.funcom.com/funcom/frontend/files/CONTENT/Funcom_Q208_report.pdf
     
     
    Alterd presentation. (stateing per 14 august , Spin)    = fanboy material 
    http://www.funcom.com/funcom/frontend/files/CONTENT/Funcom_Q208_presentation.pdf
     

     

    yes, but you can't DO that - you can't lie about numbers in the presentation, it's still fraud

  • DalcarCarosuDalcarCarosu Member Posts: 37
    Originally posted by Neverknow

    Originally posted by DalcarCarosu

    Originally posted by Slythe

    Originally posted by Zekiah

    Originally posted by DalcarCarosu


    I for one dont care if the Subs drop hopefully it will get rid of most of these ultra negative people and they will go back to wow or whatever the planet they came from, :)

    That's the problem with fanboi attitudes, you'd rather everyone leave than listen to someone complain about what's wrong with the game. Enjoy your future solitary gaming experience.

     

    I couldn't have said it better myself. Plus, why do all fanboi's insist on using smileys in everything they post? Did anyone else notice this?

    By the by, WoW sux and I'm from planet earth.



     

    First I am not a fanboy but I enjoy the game and even that I cant do because people are tryingt to tell me different, if I even mention I like it I get jumped by a 1000 haters telling me that I am either a noob or a fanboy.. Hell I am not forcing anyone doing anything they dont like and I am not bitching about games other people are playing. So can you understand why I think all you haters are.. well frankly lame? :) :) :)

    You are spending at it seems all your free time trolling this forum insteed doing something more usefull whith your time

    Just gonna add some :) :) :)

     

     

    Sorry, but you have no recourse. As Gaute pointed out, only the "vocal minority" post on forums, while those who like the game play it. So, for you to be here, either you really don't like the game and are part of the "vocal minority", or you should hop back in the game and play like a good boy.

     

    Hey, Gaute and Funcom made the rules, i'm just passing 'em along.



     

    Ah sorry I thought this was a forum to discuss about the game who actualy play it or are interested in it. But seems I am wrong this is a place for those who dont and hate it..

  • NeverknowNeverknow Member Posts: 224
    Originally posted by Arthousesig

    Originally posted by hobo9766


    Stock price is going down.

     

    Market hasn't been open long, so that could be totally temporary

    woah just had a look, down 11.2% in 2 hours XD

     

    woops I refreshed the page, it's now 11.7% down



     

    Are you serious? Haha, this is so priceless. Can't wait to see what the trading is like at days end.

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