West Auckland s Grinding Gear Games clocks huge profit amid pandemic
15 Mar, 2021 04:00 PM
4 minutes to read
New Zealander Chris Wilson accepts British Academy Games Award for Best Evolving Game while still in lockdown. Video / BAFTA
New Zealander Chris Wilson accepts British Academy Games Award for Best Evolving Game while still in lockdown. Video / BAFTA
West Auckland-based, China-owned Grinding Gear Games has seen another big jump in revenue and profit amid global lockdowns. The Henderson-based company booked $113.4 million revenue for the 12 months to September 30, 2020 - versus the $99.2m it booked in 2019 and its 2018 receipts of $73.3m.
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Pre-tax profit was $77.4m, after-tax profit $51.9m (vs $48.6m in 2019 and $33.4m in 2018).