Abu Dhabi-based developer Mamboo Entertainment, part of Utmost Games, has surpassed $55 million in lifetime revenue. The company also reported reaching over 1 billion installs and publishing more than 50 mobile titles since its founding in 2020.
Mamboo has maintained profitability for three consecutive years, posting 20–35% year-on-year growth across revenue, profit, and user base. Many of its mobile games have exceeded $10 million in lifetime net profit, reflecting the success of the company’s diversified business approach.
Expanding Beyond Traditional App Stores
Unlike many mobile game publishers that focus solely on the App Store or Google Play, Mamboo distributes its games through alternative platforms such as the Samsung Galaxy Store, Huawei AppGallery, and Amazon Appstore. The company shares a portion of installs and revenue with these partners, which has contributed to its steady growth.
In addition to publishing, Mamboo generates service revenue by supporting other developers with distribution, monetisation, and project scaling. Its creative production team also develops marketing assets designed to boost game performance and user engagement.
Leadership Comments on Growth and Strategy
Artur Beresnev, CEO of Mamboo Entertainment, described the milestone as significant for the team, emphasizing continued growth and commitment to supporting the mobile gaming community. “Reaching $55 million in lifetime revenue after three profitable years is a big moment for our team,” he said.
Vladimir Nikolsky, CEO of Utmost Games, highlighted Mamboo as an example of how the company’s portfolio benefits from creative services. “It's exciting to see our portfolio companies driving real growth and success thanks to their creative services, with Mamboo as a standout example,” Nikolsky said.
Looking Ahead
Mamboo Entertainment’s performance demonstrates the potential for mobile developers to achieve profitability outside traditional marketplaces. Its approach combines publishing, creative production, and distribution services, offering a model that other developers may look to replicate. The company’s strategy also reflects growing trends in mobile gaming and w in web3, where diversification and cross-platform distribution play an increasingly important role.
Source: PocketGamer
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Frequently Asked Questions (FAQs)
How many games has Mamboo Entertainment released?
Mamboo Entertainment has published more than 50 mobile games since its founding in 2020.
What is Mamboo Entertainment’s lifetime revenue?
The company has surpassed $55 million in lifetime revenue.
How many installs has Mamboo reached?
Mamboo’s games have been installed over 1 billion times across various platforms.
Which platforms does Mamboo publish on?
Mamboo distributes games on alternative app stores, including the Samsung Galaxy Store, Huawei AppGallery, and Amazon Appstore, in addition to traditional marketplaces.
Is Mamboo Entertainment profitable?
Yes, the company has remained profitable for three consecutive years, with consistent year-on-year growth in revenue, profit, and users.
What services does Mamboo offer besides publishing?
Mamboo provides services such as distribution, monetisation, project scaling, and creative production for marketing assets to support mobile game performance.
