Gameloft sees record Q4 2013 revenue, full-year sales up 12%

Mobile and social game publisher Gameloft has announced its earnings for Q4 2013, seeing record revenues of €62.3 million ($85 million) in Q4. The company’s full-year sales reached €233.3 million ($318 million), with more than 80 percent of the company’s smartphone revenues coming from the sale of virtual items and ads in its free-to-play titles.

Gameloft’s Q4 revenues were up by 8 percent year-over-year, with overall sales being up 12 percent from 2012. Its full year sales were slightly below the company’s predicted €235 – €240 million ($321 million – $326 million), which Gameloft attributes to the delay in the release of “several” games, among other factors.

Gameloft’s smartphone and tablet sales increased 36 percent year-over-year, with tablet and smartphone sales representing two-thirds of the company’s total sales.