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GigaMedia Ltd

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What Do They Do?

Operates PC-based online sports games, mobile role-playing games and casual games for players in Taiwan and Hong Kong.

How Do They Make Money?

Players buy virtual points and in-game items through app stores, payment providers and other channels. The company earns revenue as players use the points and items, or over the items’ estimated service periods.

revenue
SegmentShareRevenue
MahJong and Casino Casual Games
Usage-based

31%
FY2022: 23%
PC-Based Online Sports Games
Usage-based

59%
FY2022: 61%
Mobile Role Playing Games
Usage-based
8.7%
FY2022: 14%
Other games and game related revenues
0.8%
FY2022: 1.5%

Who Are Their Customers?

Players use FunTown games in Taiwan and Hong Kong; they buy points through the company's website and through app stores, convenience stores, telecom operators and payment providers.

Do Revenues Turn Into Profits?

No. It lost $1.6M in FY2025.

Operating income, FY2025
−104% of revenue
▼ −3% (Loss) vs FY2024 (−$3.7M, −125%)
Net income, FY2025
−45% of revenue
▼ −32% (Loss) vs FY2024 (−$2.3M, −77%)
Free cash flow, FY2025
−58% of revenue
▼ −15% (Loss) vs FY2024 (−$2.4M, −80%)

How Are They Changing?

Shrinking. Revenue fell 37% in 4 years, from $5.5M in FY2021 to $3.5M in FY2025, about 11% a year.

Image-generation app The latest report adds FunTownPai, a mobile app for generating custom images and social stickers, alongside the games described in the earlier report.

Revenue over time
MahJong and Casino Casual Games PC-Based Online Sports Games Mobile Role Playing Games Other games and game related revenues
$10M$5M$0

Who Do They Compete With?

Competes with Soft-World, IGS, UserJoy, and GameSofa

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