Abu Dhabi-based developer Mamboo Entertainment, part of Utmost Games, has crossed $55 million in lifetime revenue. The studio has also logged over 1 billion installs and shipped more than 50 mobile titles since launching in 2020.
The company has stayed profitable for three straight years, posting 20–35% year-on-year growth in revenue, profit, and player base. Several of its mobile games have cleared $10 million in lifetime net profit, a result of the studio's multi-angle business model.
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Expanding beyond traditional app stores
While most mobile publishers stick to the App Store and Google Play, Mamboo pushes its games through alternative storefronts like the Samsung Galaxy Store, Huawei AppGallery, and Amazon Appstore. The company splits installs and revenue with these partners, a strategy that has fueled consistent expansion.
Beyond publishing, Mamboo earns service revenue by helping other developers with distribution, monetisation, and project scaling. Its creative production team builds marketing assets designed to improve game performance and player engagement.
Leadership comments on growth and strategy
Artur Beresnev, CEO of Mamboo Entertainment, called the milestone a major moment for the team and stressed the studio's ongoing commitment to the mobile gaming community. "Reaching $55 million in lifetime revenue after three profitable years is a big moment for our team," he said.
Vladimir Nikolsky, CEO of Utmost Games, pointed to Mamboo as proof that the company's portfolio thrives on creative services. "It's exciting to see our portfolio companies driving real growth and success thanks to their creative services, with Mamboo as a standout example," Nikolsky said.
Looking ahead
Mamboo Entertainment's run shows that mobile developers can turn a profit outside the usual marketplaces. Its mix of publishing, creative production, and distribution services offers a blueprint other studios might follow. The company's strategy also mirrors broader shifts in mobile gaming and web3, where diversification and cross-platform distribution matter more than ever.
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Frequently Asked Questions (FAQs)
How many games has Mamboo Entertainment released?
Mamboo Entertainment has published more than 50 mobile games since its founding in 2020.
What is Mamboo Entertainment's lifetime revenue?
The company has surpassed $55 million in lifetime revenue.
How many installs has Mamboo reached?
Mamboo's games have been installed over 1 billion times across various platforms.
Which platforms does Mamboo publish on?
Mamboo distributes games on alternative app stores, including the Samsung Galaxy Store, Huawei AppGallery, and Amazon Appstore, in addition to traditional marketplaces.
Is Mamboo Entertainment profitable?
Yes, the company has remained profitable for three consecutive years, with consistent year-on-year growth in revenue, profit, and users.
What services does Mamboo offer besides publishing?
Mamboo provides services such as distribution, monetisation, project scaling, and creative production for marketing assets to support mobile game performance.
