My 2024 Kwalee Analysis points out to growth. Cause: -25% on downloads, only 21% Tier 1, and no IAP at all…
Signals red flashing lights all over the place.
Kwalee’s most downloaded line up is actually not bad. They got a nice momentum on simulation games, Yet they keep ignoring the IAPibility of them.
While they havent found new game for a long time, They have few take on popular hypercasual hits. Hits that their competitors actually scaled.
With a very low score of IAP per download rate, Kwalee is still in this game and they are HIGHLY depending on Ad Revenue. I think this is very limiting for growth, And they are looking for alternatives. Here is what I think they need to do:
Test more games. Get new users. Allocate some budget. Analyze Data. Go back to 2021-2022 strategy.
Their T1 downloads are 21% of their overall, Which can mean many things, but points out: 3 Things: Low Profit. No IAP. No Gains.
PS: Coming up, last but not least, Rollic… From there, I will start the comparisons, and you will be surprised.