Snail Inc

Snail, Inc. is an independent developer and publisher of interactive digital entertainment. The firm builds a portfolio of games designed for use on a variety of platforms, including consoles, PCs, and mobile devices. Its portfolio of games includes ARK:Survival Evolved, Last Oasis, PixARK, ATLAS, ARKII, Expedition Agartha, ARK Park, Outlaws of the Old West, Dark and Light, and ZCREW. The company was founded by Shi Hai on January 11, 2022 and is headquartered in Culver City, CA.

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Snail Inc. reports Q1 growth amidst losses, eyes AI innovation

Snail Inc.'s Q1 2024 performance showed growth in net revenue but with a net loss, signaling a mix of progress and financial challenges.
The company's strategic focus on AI integration, ARK franchise, and product innovation positions them well for future growth and market relevance.
While facing challenges such as financial losses and competition, Snail Inc. has opportunities to drive revenue through AI, expanding franchises, and new platform releases.

Snail Inc (SNAL) reports stellar Q2 earnings and expansion plans

Snail Inc (SNAL) delivered robust financial results in Q2 2024, driven by the success of its ARK franchise, Bellwright game launch, and operational improvements. The company's focus on new game signings and multiple projects in development signals a commitment to growth and innovation.
While facing challenges in a competitive market and operational complexities, Snail Inc's strong performance, diverse portfolio, and financial stability position it well to capitalize on opportunities for expansion and strategic advancements.
Overall, Snail Inc's Q2 2024 earnings call reflects a positive trajectory, with a solid foundation for future growth, innovation, and market leadership in the gaming industry.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

CULVER CITY, Calif., Sept. 22, 2023 (GLOBE NEWSWIRE) -- Snail, Inc. (Nasdaq: SNAL) (“Snail” or “the Company”), a leading, global independent developer and publisher of interactive digital entertainment, today announced the launch of ARKade Ambassador Program (the “Program”) in collaboration with the Company's partners, Noiz and Studio Wildcard. This Program, of limited duration, will continue until the year's end, and pre-registration will commence on September 21st.

Snail, Inc. Announces the Launch of the ARKade Ambassador Program

CULVER CITY, Calif., Sept. 14, 2023 (GLOBE NEWSWIRE) -- Snail, Inc. (Nasdaq: SNAL) (“Snail”), a leading, global independent developer and publisher of interactive digital entertainment, has launched Survivor Mercs, an early access game on Steam with an innovative Twitch Integration through its indie publishing sub-label Wandering Wizard.

Snail, Inc. Launches Survivor Mercs with Twitch Integration in Early Access Today

CULVER CITY, Calif., Aug. 22, 2023 (GLOBE NEWSWIRE) -- Snail, Inc. (Nasdaq: SNAL) (“Snail” or “the Company”), a leading, global independent developer and publisher of interactive digital entertainment, today announced that its indie publishing sub-label, Wandering Wizard, will be showcasing its latest games, Survivor Mercs, West Hunt and Expedition Agartha, at the upcoming PAX West 2023 event in Seattle, running from September 1 through 4, 2023.

Snail, Inc. Announces Wandering Wizard to Showcase Latest Games at PAX West 2023

CULVER CITY, Calif., Aug. 16, 2023 (GLOBE NEWSWIRE) -- Snail, Inc. (Nasdaq: SNAL) (“Snail”), a leading, global independent developer and publisher of interactive digital entertainment, today announced Wolpertinger Games, a newly contracted independent studio, aims to launch the early access of Survivor Mercs on Thursday September 14th, 2023, on Steam and Steam Deck. This launch marks a major progression in the collaborative journey between Snail and Wolpertinger Games since the recent partnership announcement.

Snail, Inc. Announces Early Access Launch of Survivor Mercs, Developed by Wolpertinger Games

CULVER CITY, Calif., Aug. 14, 2023 (GLOBE NEWSWIRE) -- Snail, Inc. (Nasdaq: SNAL) (“Snail” or “the Company”), a leading, global independent developer and publisher of interactive digital entertainment, today announced financial results for the three months ended June 30, 2023.

Snail, Inc. Reports Second Quarter 2023 Financial Results

CULVER CITY, Calif., Aug. 14, 2023 (GLOBE NEWSWIRE) -- Snail, Inc. (Nasdaq: SNAL), a leading, global independent developer and publisher of interactive digital entertainment, announced today that it will report financial results for the second quarter ended June 30, 2023, on Monday, August 14, 2023, after the U.S. stock market closes. Management will host a conference call and webcast on the same day at 5:00 p.m. ET to discuss the results.

Snail, Inc. to Report Second Quarter 2023 Financial Results

CULVER CITY, Calif., Aug. 03, 2023 (GLOBE NEWSWIRE) -- Snail, Inc. (Nasdaq: SNAL) (“Snail”), a leading, global independent developer and publisher of interactive digital entertainment, today announced it entered into a Software Development, Publishing and Distribution Agreement (“Agreement”) with Wolpertinger Games, an independent studio founded by Sebastian Bender and Remote-Control Productions in 2009. This cooperation aligns with Snail's strategy of amplifying its publishing portfolio through the incorporation of premier games crafted by independent studios, thereby enhancing the global player experience.

Snail, Inc. Announces Cooperation with Wolpertinger Games

CULVER CITY, Calif., July 19, 2023 (GLOBE NEWSWIRE) -- Snail, Inc. (Nasdaq: SNAL) (“Snail”), a leading, global independent developer and publisher of interactive digital entertainment, today announced the upcoming major updates for the first-person looter survival game, Expedition Agartha, and the highlight of the recent DEDsafío event featuring ARK: Survival Evolved.

Snail, Inc. Announces Updates for Expedition Agartha and DEDsafío Event Success Featuring ARK: Survival Evolved

CULVER CITY, Calif., July 11, 2023 (GLOBE NEWSWIRE) -- Snail, Inc. (Nasdaq: SNAL) (“Snail”), a leading, global independent developer and publisher of interactive digital entertainment, today announced that ARK: Survival Evolved will be featured in the online competitive game event, DEDsafío, scheduled for July 12, 2023.

Snail, Inc. Announces Participation of ARK: Survival Evolved in Upcoming DEDsafío Event

CULVER CITY, Calif., July 05, 2023 (GLOBE NEWSWIRE) -- Snail, Inc. (Nasdaq: SNAL) (“Snail”), a leading, global independent developer and publisher of interactive digital entertainment, today announced its participation in the Steam Summer Sale event running from June 29 to July 13. This initiative aligns with Snail's strategic objectives to bolster sales and expand its global footprint in the gaming community through the robust Steam platform.

Snail, Inc. Announces Participation in Steam's Summer Sale

CULVER CITY, Calif., June 27, 2023 (GLOBE NEWSWIRE) -- Snail, Inc. (Nasdaq: SNAL) (“Snail”), a leading, global independent developer and publisher of interactive digital entertainment, today announces that one of its gaming studios, Donkey Crew, launched a demo of Bellwright at Steam Next Fest, a renowned week-long celebration event running from June 19 to June 26, which features hundreds of free, playable game demos.

Snail, Inc. Releases Bellwright Demo at Steam Next Fest

CULVER CITY, Calif., June 14, 2023 (GLOBE NEWSWIRE) -- Snail, Inc. (Nasdaq: SNAL) (“Snail”), a leading, global independent developer and publisher of interactive digital entertainment, today announces the 8th anniversary of its pioneering survival adventure game, ARK: Survival Evolved.

Snail, Inc. Celebrates the 8th Anniversary of ARK: Survival Evolved

CULVER CITY, Calif., May 31, 2023 (GLOBE NEWSWIRE) -- Snail, Inc. (Nasdaq: SNAL) (“Snail” or “the Company”), a leading, global independent developer and publisher of interactive digital entertainment, today announced its successful application of Artificial Intelligence Generative Content (“AIGC”) in game development. As AI technology continues to make rapid strides, the gaming industry, characterized by its integration of words, graphics, animations, videos, and a variety of digital assets, has emerged as one of the early adopters of this game-changing technology. The high compatibility of AIGC with the gaming sector has introduced new opportunities and challenges, driving innovation and growth within the industry.

Snail, Inc. Revolutionizes Game Development with Artificial Intelligence Generative Content

CULVER CITY, Calif., May 22, 2023 (GLOBE NEWSWIRE) -- Snail, Inc. (Nasdaq: SNAL) (“Snail” or “the Company”), a leading, global independent developer and publisher of interactive digital entertainment, today announced the successful introduction of Project Hermes, an innovative Web 3 gaming venture, at Consensus 2023 held in April in Austin, Texas.

Snail, Inc. Unveils Project Hermes at Consensus 2023

CULVER CITY, Calif., May 10, 2023 (GLOBE NEWSWIRE) -- Snail, Inc. (Nasdaq: SNAL) (“Snail” or “the Company”), a leading, global independent developer and publisher of interactive digital entertainment, today announced financial results for the three months ended March 31, 2023.

Snail, Inc. Reports First Quarter 2023 Financial Results

CULVER CITY, Calif., May 09, 2023 (GLOBE NEWSWIRE) -- Snail, Inc. (Nasdaq: SNAL), a leading, global independent developer and publisher of interactive digital entertainment, announced today that it will report financial results for the first quarter ended March 31, 2023 on Wednesday, May 10, 2023, after the U.S. stock market closes. Management will host a conference call and webcast on the same day at 5:00 p.m. ET to discuss the results.

Snail, Inc. to Report First Quarter 2023 Financial Results

CULVER CITY, Calif., April 26, 2023 (GLOBE NEWSWIRE) -- Snail, Inc. (Nasdaq: SNAL) (“Snail” or “the Company”), a leading, global independent developer and publisher of interactive digital entertainment, today announced that Jim Tsai, Chief Executive Officer, and Heidy Chow, Chief Financial Officer, will be participating in the Inaugural EF Hutton Global Conference on May 11, 2023, at the Plaza Hotel in New York City. Management will host one-on-one and group meetings.

Snail, Inc. to Participate in Inaugural EF Hutton Global Conference

CULVER CITY, Calif., April 13, 2023 (GLOBE NEWSWIRE) -- Snail, Inc. (Nasdaq: SNAL) (“Snail” or “the Company”), a leading, global independent developer and publisher of interactive digital entertainment, is pleased to announce that that Noble Capital Markets has initiated company-sponsored equity research coverage on the Company. The full report by Noble Capital Markets Senior Research Analyst Michael Kupinski, as well as news and advanced market data on Snail, Inc. is available on Channelchek.

Noble Capital Markets Initiates Equity Research Coverage on Snail, Inc.

NOBLE Capital Markets analysts have initiated coverage on shares of game developer and publisher Snail, Inc (NASDAQ:SNAL) with an ‘Outperform' rating and a “conservative” target price of $9 per share, saying the company has a broad range of opportunities to grow revenue through additional games, expansion packs, and alternative ways to use its IP. The company's shares are currently trading at $1.35 on the Nasdaq.

Snail should grow faster than the gaming industry, says NOBLE Capital analysts

CULVER CITY, Calif., March 29, 2023 (GLOBE NEWSWIRE) -- Snail, Inc. (Nasdaq: SNAL) (“Snail” or “the Company”), a leading, global independent developer and publisher of interactive digital entertainment, today announced financial results for the three months and year ended December 31, 2022.

Snail, Inc. Reports Fourth Quarter & Full Year 2022 Financial Results

Snail, Inc (NASDAQ:SNAL) told investors it is delaying the release of its fourth-quarter results and has engaged Shareholder Intelligence Services (ShareIntel) to investigate any potential trading violations involving its stock. Snail, a global independent developer and publisher of interactive digital entertainment, said it has changed the earnings release date for its 4Q and full-year 2022 financial results to Wednesday, March 29, 2023, after the US stock market closes.

Snail slows the pace for 4Q results release; engages ShareIntel to investigate potential illegal short selling of its stock

CULVER CITY, Calif., March 20, 2023 (GLOBE NEWSWIRE) -- Snail, Inc. (Nasdaq: SNAL) (“Snail” or “the Company”), a leading, global independent developer and publisher of interactive digital entertainment, today announced it has entered into a service agreement with Shareholder Intelligence Services, LLC ("ShareIntel"), a compliance-driven SAAS platform. ShareIntel's patented DRIL-Down™ process enables public companies to track shareholder ownership and monitor critical broker-dealer and shareholder movement. Management intends to further utilize ShareIntel's trusted advisory services to implement action plans to monitor and address any abusive activity, including the investigation of potential illegal naked short selling and other potential trading violations involving the Company's stock.

Snail, Inc. Engages Shareintel to Investigate Abusive and Illegal Naked Short Selling Activity

CULVER CITY, Calif., March 20, 2023 (GLOBE NEWSWIRE) -- Snail, Inc. (Nasdaq: SNAL), a leading, global independent developer and publisher of interactive digital entertainment, today announced that is has changed its earnings release date for the fourth quarter and full year 2022 financial results to Wednesday, March 29, 2023, after the U.S. stock market closes. Management will host a conference call and webcast on the same day at 5:00 p.m. ET to discuss the results.

Snail, Inc. Announces Date Change for Fourth Quarter & Full Year 2022 Financial Results

CULVER CITY, Calif., March 16, 2023 (GLOBE NEWSWIRE) -- Snail, Inc. (Nasdaq: SNAL) (“Snail” or “the Company”), a leading, global independent developer and publisher of interactive digital entertainment, today announced the first major content update for ARK: Dinosaur Discovery.

Snail, Inc. Announces ARK: Dinosaur Discovery Major Content Updates

CULVER CITY, Calif., March 06, 2023 (GLOBE NEWSWIRE) -- Snail, Inc. (Nasdaq: SNAL) (“Snail” or “the Company”), a leading, global independent developer and publisher of interactive digital entertainment, today announced exciting new updates to the popular ARK franchise, including the regional launch of ARK: Ultimate Survivor Edition on Nintendo Switch and the console launch of ARK: The Survival of the Fittest (“ARK: TSOTF”).

News for Snail Inc Stock (SNAL)