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Snail (SNAL) investor relations material
Snail Registration Filing summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Registration Filing summary19 Dec, 2025
Company overview and business model
Operates as a global independent developer and publisher of interactive digital entertainment, focusing on premium games for consoles, PCs, and mobile devices.
Flagship ARK franchise accounts for the majority of revenue, with 107.4 million installs and strong user engagement metrics.
Expanding into short film content via SaltyTV and exploring digital asset initiatives, including a potential proprietary stablecoin.
Strategic partnerships with developer studios, notably Studio Wildcard, and reliance on third-party distribution platforms like Steam, PlayStation, and Xbox.
Financial performance and metrics
Net revenue for the three and nine months ended September 30, 2025, was $13.8 million and $56.1 million, respectively, down from $22.5 million and $58.3 million in the prior year periods.
Net loss of $7.9 million for the three months and $26.4 million for the nine months ended September 30, 2025, compared to net income in the prior year.
Revenue mix shifting, with increased mobile share and continued dominance of the ARK franchise.
Sold 54.6 million game units since 2016, with 1.1 million units sold in the most recent quarter.
Use of proceeds and capital allocation
Will not receive proceeds from the sale of shares by selling stockholders upon conversion of the notes.
Intends to retain all future earnings to fund business development and expansion; no plans for regular cash dividends.
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Q4 202526 Mar, 2026
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Frequently asked questions
Snail Inc. is a digital entertainment company specializing in the development, publishing, and operation of online and mobile games. The company offers a portfolio of games across genres such as role-playing, strategy, and action-adventure, serving players globally. In addition to gaming, Snail Inc. explores innovations in virtual reality (VR), augmented reality (AR), and blockchain technologies to enhance interactive entertainment experiences. The company is headquartered in Culver City, California, and its shares are listed on the NASDAQ.
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