Social gaming firm Zynga revealed their 2014 financials this past week, noting revenues down 21% and causing share prices to fall 16%.
Key financial indicators for the year ending December 31st, 2014 were:
Revenues of $690 million, down 21% from the previous year;
Gaming down 28% from the previous year;
Ad revenues up 34% to $153 million;
The company posted a net loss for the year of $226 million.
Mobile revenues were up 120%, now making up 60% of the company's entire revenue stream.
Zynga has struggled mightily over the past several years, as the company has struggled with its poker and Facebook powered casino offerings.