Turnover: 570 million USD (2023)

Country: France

  • french publisher of mobile video games.
  • Goldman Sachs has invested €200 million in the company and is a minority shareholder.
  • Voodoo is considered a unicorn, a start-up valued at over $1 billion, as of 2021.

News

French Tech: Voodoo acquires BeReal for 500 million euros 13/06/2024

  • - BeReal launch year: 2020
  • - BeReal founders: Alexis Barreyat and Kévin Perreau
  • - Number of active BeReal users: 40 million
  • - BeReal's key markets: United States, France, Japan
  • - Voodoo's mobile application development strategy: focus on hyper-casual
  • - Major Voodoo successes : Helix Jump, Mob Control, Block Jam 3D
  • - Total downloads of Voodoo applications: 7 billion
  • - Voodoo's global market position: third-largest publisher behind Google and Meta

Mobile video games: French unicorn Voodoo puts a stop to hypercasualism 10/01/2024

  • Valued at 1.7 billion euros at the time of its last financing round, the start-up has long been a global benchmark in this category of games, hypercasual, which is currently in serious decline
  • in the spring of 2021, Apple introduced ATT, a mechanism that drastically restricts advertising targeting by app publishers - an essential ingredient for success in hypercasual. As a result, revenues generated by Voodoo via this type of title fell from $400 million to $150 million between 2021 and 2023.
  • In 2022, the Group had said it was aiming for $600 million for the year. In the end, the Group generated revenues of $500 million in 2021
  • The company employs nearly 750 people
  • In 2022, Voodoo saw its accounts return to the black, with sales of almost $570 million.
  • In 2023, the Group made a number of acquisitions, including that of development studio Partyup for almost 10 million euros.

Unicorn Voodoo to launch its own cryptocurrency 23/01/2023

  • Mobile games publisher First French Tech player to launch an ICO to develop new projects
  • Raised $600 million since its creation
  • In 2021, the company announced it would invest $200 million in 2022
  • After years of strong growth, the mobile video game market declined by 6.4% year-on-year in 2022, to 92.2 billion (Newzoo)
  • At the start of 2022, the company was targeting sales of 600 million, compared with 425 million in 2021 Games downloaded 6 billion times

Financial Data

DUNS: 792483307

Legal Name: VOODOO

Address: 17 RUE HENRY MONNIER , 75009 PARIS 9

Number of employees: Entre 100 et 199 salariés (2020)

Capital: 15 372 EUR


Financial Data:

Year 2016 2015
Turnover 1 129 417 -
Gross margin (€) 1 128 915 -
EBITDA (€) -498 387 -
Operating profit (€) -569 875 -
Net profit (€) -483 198 -
Turnover growth rate (%) - -
Ebitda margin rate (%) -44,1 -
Operating margin rate (%) -50,5 -
Working Capital (turnover days) 243,5 -
Working Capital requirements (turnover days) 52,8 -
Net margin (%) -42,8 -
Added value / Turnover (%) -12,9 -
Wages and social charges (€) 341 131 -
Salaries / Turnover (%) 30,2 -

Studies mentioning this company

Video game market - France

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  • Activision Blizzard
  • Nintendo
  • Electronic Arts
  • Gameloft
  • Focus Entertainment
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  • Quantic Dream
  • Arkane Studios
  • Homa Games
  • Voodoo
  • Plug In Digital
  • Ubisoft
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  • Micromania-Zing
  • Motion Twin
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  • Microids
  • Bandai Namco Entertainment
  • Sony Interactive Entertainment
  • Take-Two Interactive
  • Tencent Games
  • NetEase Games
  • Valve
  • Epic Games
  • Capcom
  • Riot Games
  • Shadow