Anarchy Online: The Notum Wars Summary
Recently Funcom has been in a spot of trouble with Norwegian authorities as they were suddenly under investigation for 'financial impropriety' and even got removed from the Oslo Stock Exchange.
CEO Ole Schreiner has now spoken out on the matter and said "though it was quite a dramatic event," it was soon over. The police only seized "a handful" of PCs.
The latest investor call from Funcom reveals revenue for Q4 2013 is down from last year's $7.78 million in the same period, to $4.27 million this year. Deferred billings, weaker sales and competition are cited.
However their big MMO projects are "relatively stable" with Age of Conan and Anarchy Online their primary revenue. All their MMOs are providing a "cash flow positive".