Funcom, the Norway-based publisher and developer of the forthcoming Conan MMO, released financial details from the company’s first quarter. In the period, based on the earnings before interest and taxes (EBIT), the company lost $3.13 million. This figure is up from a loss of $1.21 million during the same period in 2007. When tax was taken into account, the company actually showed a $0.92 million profit this year, as opposed to a $0.22 million loss in the same period the previous year. The company noted that this change could be accounted for by the currency market and by tax income. Despite these sour notes, the company maintains that it is ready for the launch of Age of Conan: Hyborian Adventures.
In the announcement, Funcom outlined some of the risk and potential for the launch:
With a cash balance of $46.99 million and low interest bearing debt, the company says it is well placed to ensure a successful launch, with over one million users having submitted beta application to the game and five million unique users visiting the website.
Nevertheless, in a list of key risks during the launch period, the company identifies the potential for technical issues related to server and client performance, as well as the difference in performance between different PC configurations.
This sort of support bodes well for those Conan enthusiasts who are looking forward to slaughtering the masses in the Mature-rated game. As a reminder, the game is launching May 20th, so sharpen your blades, all you would-be barbarians.
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