According to the Financial Times special report, a UK mobile game developer and publisher Gismart has been named the fastest-growing company in the gaming industry.
It came 6th in the overall list of FT1000: Europe’s fastest-growing businesses. Ranked according to the company’s preceding three-year economic performance, the startup showed almost 9,000% revenue growth, reaching more than $70 million in income in 2018.
Gismart has come a long way in a short amount of time, showing a rapid growth in its product portfolio and revenue. Founded in 2013, the company currently employs 300 staff across its offices in the UK, Belarus, China, and Ukraine. The startup aims to double its revenue in 2020 by creating a solid pipeline of new game titles through its publishing units and launching new games developed in-house.
Gismart apps and games have already generated over 500 million downloads. The company’s publishing business currently works with hundreds of companies and game studios around the world and includes its most successful games such as Cool Goal and Domino Smash. Apart from its gaming titles, the company continues to support and grow its entertainment apps portfolio, among which are Beat Maker Go, Piano Crush, Guitar Play, WeDrum, and others.
“At Gismart, we always focus on attracting top talent who have a deep understanding of the domain and have a passion for games and entertainment mobile products. Despite our rapid growth, we’ve managed to maintain a start-up spirited, open culture, giving each employee a say in the decision-making processes. We look forward to continuing to expand the business by increasing the value of our existing portfolio and bringing new games to the market”, said Dmitri Lipnitsky, Gismart CEO and Co-Founder.
