Company Announcement

Huuuge, Inc. announces first quarter 2025 financial results

PUBLISHED - 27 May, 2025

Revenue stabilization, DTC expansion and strong profitability

Global free-to-play game developer and publisher Huuuge, Inc. today announced its financial results for the first quarter of 2025. The company delivered continued revenue stabilization, robust profitability, and record-high Direct-to-Consumer (DTC) contributions — underscoring the positive momentum following major feature rollouts and organizational transformation initiated in late 2024.

Q1’2025 financial highlights:

  • Revenue: USD 62.4 million (–6.8% YoY, +1.0% QoQ)
  • Adjusted EBITDA: USD 25.3 million (+15.2% YoY, +1.8% QoQ)
  • Adjusted EBITDA Margin: 41.0% (+7.7pp YoY, +0.3pp QoQ)
  • Net Result: USD 19.8 million (+19.8% YoY, +7.2% QoQ)
  • Net Operating Cash Flow: USD 22.3 million
  • DTC Revenue: 20% of total revenue in Q1 2025; 21.5% in April

Focus on player engagement over short-term monetization
Huuuge’s core franchises, Huuuge Casino and Billionaire Casino, delivered strong performance in the first quarter of 2025, supported by key feature launches introduced in late 2024 — including significant game economy updates and the rollout of the Huuuge Pass. These initiatives contributed to meaningful improvements in user engagement and paybacks, resulting in revenue stabilization across the portfolio. Daily Active Users (DAU) increased by 4.4% quarter-over-quarter, while Average Revenue Per Paying User (ARPPU) grew by 2.6% QoQ and 2.4% year-over-year. Despite stable Daily Paying Users (DPU) levels, these trends underscore the success of Huuuge’s strategic decision to prioritize player engagement over short-term monetization, laying the foundation for sustained long-term growth.

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