Garena Free Fire is one of the most downloaded game on the Google Play Store in the mobile battle royale genre. The title has a huge fanbase and millions of players play the game daily. The game is developed by Garena and it has region specific servers and events too. The Singapore-based Garena, the gaming division of internet company Sea, announced the numbers as part of its earnings report, and it’s another sign that games are growing stronger during the pandemic.
The previous record in March was 60 million daily active users (the number of users that log in during a day). Here in this article we will take a look at how much money does free fire make.
Garena Free Fire Earnings In 2021
Free Fire has over 100 million downloads on Google play store which speaks for the popularity of the game itself. The game has a huge active player base of around 80 million active accounts worldwide. Garena’s adjusted revenue for digital entertainment during the first quarter ended March 31 was $512.4 million, up 30.3% year-on-year from $393.3 million.
Adjusted earnings before income tax, depreciation, and amortization (a measure of profitability) was $298.4 million, compared to $225.8 million a year earlier. Sea had revenues of $913.9 million in the quarter. Free Fire was ranked third globally by downloads for Google Play in the mobile games category in the first quarter of 2020, according to App Annie.
Free Fire ranks high among other popular battle royale games like Call of Duty: Warzone, PlayerUnknown’s Battlegrounds, and Fortnite. Garena added new content, such as its Kalahari map and a ranked mode for the popular Clash Squads game mode. Garena chairperson Forrest Li said in the earnings call that the company is localizing content for different markets around the world, including working with Indonesian actor Joe Taslim and Brazilian music artist DJ Alok.
For the full quarter, Garena said Free Fire had 402.1 million quarterly active users, up 48% for year. It also had 35.7 million quarterly paying users (those that spent money during the quarter), up 72.5% from 20.7 million a year earlier. Free Fire was the highest-grossing mobile game in Latin America and Southeast Asia during the quarter, Garena said.