Mobile Factory reported nine-month net income climbed 22% as the Tokyo-based developer capitalized on growing interest in its location-based game Station Memories. The company said third-quarter revenue reached a record high, driven by collaboration events and in-game item sales.
Operating profit hit ¥811 million ($5.3 million) for the January-September period, up 15% from a year earlier and marking the first time the metric exceeded ¥800 million since December 2019. Revenue rose 5.4% to ¥2.48 billion ($16.2 million), while net income reached ¥579 million ($3.8 million).
The mobile games division, which generates 92% of sales, posted a 7.2% revenue increase to ¥2.29 billion ($15 million). Station Memories users responded to raid battles featuring characters from other intellectual properties, according to the company. Sales of movement-related items strengthened as the developer introduced events encouraging physical travel.
Mobile Factory launched premium character sales during the period to diversify revenue streams. The legacy ringtone business continued its decline, with revenue falling 12% to ¥192 million ($1.3 million) as subscriber numbers dwindled.
Management maintained its full-year forecast of ¥3.47 billion ($22.8 million) in revenue, up 4.6% from fiscal 2024. However, operating profit is expected to slip 3.6% to ¥1.02 billion ($6.7 million).