Forgame Holdings Limited 00484 1
1,183,128 776,649 52.3% 1,001,911 697,561 43.6% 329,215 283,591 16.1% (1) 325,202 240,031 35.5% (1) 2
91wan 91wan 3
47.8% 7.994 14 35 2013 2013 4
5 6 ARPG beta MPU 518,000 710,000 (i) (ii) ARPPU 87 94 ARPPU 62.6% 3.837 91wan 91wan 91wan 105 2.07 46.8% 91wan MPU 71,000 109,000 (i) (ii) 5
(MPU) (1) 710 518 (ARPPU) 94 87 207,221 141,147 (MPU) (1) 109 71 (ARPPU) 293 278 (1) 6
32 12 70 24.2 Magic Feature Inc. 21% Magic Feature Inc. 11 AppStore Google Play 700 Magic Feature Inc. 7
12 8
1,183,128 776,649 52.3% (181,217) (79,088) 129.1% 1,001,911 697,561 43.6% (303,425) (178,726) 69.8% (88,739) (36,462) 143.4% (293,174) (200,624) 46.1% 10,333 2,788 270.6% 2,309 (946) -344.1% 329,215 283,591 16.1% 7,146 (126) (3,645) -96.5% 7,020 (3,645) -292.6% (741,348) (18,769) 3,849.9% (405,113) 261,177-255.1% (70,291) (43,560) 61.4% (475,404) 217,617-318.5% 9
52.3% 11.831 47.8% 7.994 518,000 710,000 62.6% 3.837 91wan 799,437 67.6 540,749 69.6 383,691 32.4 235,900 30.4 1,183,128 100.0 776,649 100.0 10
129.1% 1.812 10.2% 15.3% 136,310 75.2 40,556 51.3 44,907 24.8 38,532 48.7 181,217 100.0 79,088 100.0 236.1% 1.363 16.5% 44.9 91wan 91wan 11
69.8% 3.034 (i) 1.159 91wan (ii) 6.8 143.4% 88.7 (i) 27.0 (ii) 12.6 46.1% 2.932 (i) 68.5 (ii) 23.6 270.6% 10.3 (i) 1.1 7.5 (ii) 1.6 2.8 12
2.3 0.9 7.0 3.6 18.8 7.413 61.4% 70.3 20.9% 15.6% 4.754 2.176 13
EBITDA EBITDA EBITDA (475,404) 217,617 59,258 741,348 18,769 3,645 325,202 240,031 28,012 14,731 (14,639) (1,144) 70,291 43,560 EBITDA 408,866 297,178 14
13.881 1.367 (i) (ii) 12.262 2.178 943,905 309,000 2,854 3,639 325,540 1,272,299 312,639 (15,242) 1,257,057 312,639 15
12.723 3.126 33.3 32.3 1.333% 1.0% 35,004 19,662 21,018 32,830 56,022 52,492 16
56.0 52.5 3.5 15.3 15.7 1,980 1,431 72% 287 15% 40 2% 222 11% 1,980 100% 17
70 24.2 Magic Feature Inc. 21% Magic Feature Inc. 700 18
2 1,183,128 776,649 3 (181,217) (79,088) 1,001,911 697,561 3 (303,425) (178,726) 3 (88,739) (36,462) 3 (293,174) (200,624) 10,333 2,788 2,309 (946) 329,215 283,591 7,146 (126) (3,645) 7,020 (3,645) (741,348) (18,769) (405,113) 261,177 4 (70,291) (43,560) (475,404) 217,617 6,326 2,654 (469,078) 220,271 (469,078) 220,271 (469,078) 220,271 5 (10.10) 4.02 5 (10.10) 2.30 6 90,500 19
64,209 46,700 40,130 31,349 18,291 32,000 2,512 2,352 13,234 24,463 170,376 104,864 7 92,194 84,293 40,937 20,233 15,670 325,540 946,759 312,639 1,421,100 417,165 1,591,476 522,029 80 49 1,934,534 (159,846) (228,351) (386,686) 91,639 1,388,082 (136,663) 20
8,465 7,987 451,153 150 8,465 459,290 15,242 8 34,990 10,168 76,675 41,622 19,674 20,467 48,348 127,145 194,929 199,402 203,394 658,692 1,591,476 522,029 1,226,171 217,763 1,396,547 322,627 21
1 (a) Foga Holdings Limited P.O. Box 613, 4th Floor Harbour Centre, George Town, Grand Cayman KY1-1107, Cayman Islands 29,059,440 20,390,500 51 15,685,000 761,533,000 Foga Group Ltd. Foga Networks Development Ltd. Foga Holdings Ltd. Foga Internet Development Ltd. Foga Development Co. Ltd. 51.56% 22
(b) 10,000,000 10,000,000 (i) (ii) 50,000 50,000 1.00 10,000 1.00 (iii) Foga Tech Limited Foga Tech (iv) Foga Tech (v) Foga Tech 23
(vi) (c) 24
(d) 9 32 36 21 32 36 21 9 25
2 26
799,437 383,691 1,183,128 (136,310) (44,907) (181,217) 663,127 338,784 1,001,911 18,306 3,339 21,645 540,749 235,900 776,649 (40,556) (38,532) (79,088) 500,193 197,368 697,561 9,143 3,538 12,681 27
1,099,736 83,392 1,183,128 700,252 76,397 776,649 10% 1,183,128,000 776,649,000 28
3 341,174 200,032 288,719 172,193 87,698 27,923 47,693 34,360 27,880 12,288 16,875 10,578 11,137 4,153 8,115 8,601 5,402 6,089 31,862 18,683 866,555 494,900 4 59,212 48,610 11,079 (5,050) 70,291 43,560 29
(405,113) 261,177 i 755,428 23,677 350,315 284,854 90,454 65,434 (33,017) (24,335) 1,944 269 (7,105) (4,840) 6,151 9,865 7,032 1,999 70,291 43,560 (i) A 30
(a) (b) 16.5% (c) Forgame International Co. Ltd. Yunyou 17% (d) 25% 15% 25% 12.5% 150% 31
(e) 10% 10% 5% 5 (a) (475,404) 217,617 i 47,075,903 54,066,667 (10.10) 4.02 32
(i) A 88,303,300 87,000,000 (5.38) 2.50 (b) A A A A 33
(475,404) 217,617 18,769 (475,404) 236,386 47,075,903 54,066,667 32,933,333 15,740,530 47,075,903 102,740,530 (10.10) 2.30 6 90,500 78,000,000 12,500,000 34
7 93,929 86,913 (1,735) (2,620) 92,194 84,293 (a) 0-30 57,303 59,498 31-60 18,995 17,803 61-90 5,534 4,948 91-180 7,249 1,230 181-365 3,113 814 1 1,735 2,620 93,929 86,913 (b) 30 60 7,647,000 3,623,000 35
8 0-30 13,666 8,351 31-60 15,093 1,018 61-90 6,038 317 91-180 50 166 181-365 55 316 1 2 88 34,990 10,168 36
183 17 1712-1716 9.828 37
A.1.6 38
A.2.1 39
www.hkexnews.hk www.forgame.com LEVIN Eric Joshua 40