Glu Mobile
OverviewSuggest Edit
Glu Mobile is a global developer and publisher of free games for smartphone and tablet devices. The Company is focused on creating compelling original IP games on a wide range of platforms including iOS, Android™, Windows Phone, Google Chrome, and MAC OS. Glu's technology platform enables its titles to be accessible to a broad audience of consumers globally.
| Type | Public | |
| Founded | 2001 | |
| HQ | San Francisco, CA, US | Map |
| Website | glu.com | |
| Employee Ratings | More | |
| Overall Culture | C | More |
Recent NewsAll News
- SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of Glu Mobile Inc. - GLUU
- Glu Mobile soars 34% after Electronic Arts agrees to $2.4 billion takeover
- SHAREHOLDER ALERT: Rigrodsky Law, P.A. Announces Investigation of Glu Mobile Inc. Buyout
- Activision, Glu Mobile are best video-gaming stocks for 2021, trader says
Key People/Management at Glu Mobile
Nick Earl
President and Chief Executive Officer, Director
Eric Ludwig
Chief Financial Officer & Chief Operating Officer
Chris Akhavan
Senior Vice President, Business Development, Corporate Development & Advertising
Becky Ann Hughes
Senior Vice President of Growth
Jerome Collin
Vice President & General Manager, Glu Sports
Mark van Ryswyk
Executive Vice President
Glu Mobile Office Locations
Glu Mobile has offices in San Francisco, Burlingame, San Mateo, Toronto and in 1 other location
San Francisco, CA, US (HQ)
875 Howard St #100, San Francisco
Burlingame, CA, US
330 Primrose Rd #306Burlingame
San Mateo, CA, US
2 Waters Park Dr #150
Toronto, CA
200 60 Spadina Ave
Hyderabad, IN
Western Pearl
Glu Mobile Financials and Metrics
Glu Mobile Revenue
Glu Mobile's revenue was reported to be $540.52 m in FY, 2020
| USD | |
|---|---|
Revenue (FY, 2020) | 540.5m |
Gross profit (FY, 2020) | 349.0m |
Gross profit margin (FY, 2020), % | 64.6% |
Net income (FY, 2020) | 20.4m |
EBIT (FY, 2020) | 20.5m |
Market capitalization (7-Apr-2021) | 2.2b |
Closing stock price (7-Apr-2021) | 12.5 |
Cash (31-Dec-2020) | 364.4m |
EV | 1.9b |
Glu Mobile's current market capitalization is $2.2 b.
Annual
| USD | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 66.2m | 108.2m | 105.6m | 223.1m | 249.9m | 200.6m | 286.8m | 366.6m | 411.4m | 540.5m |
Revenue growth, % | 111% | 12% | (20%) | |||||||
Cost of goods sold | 18.4m | 33.4m | 37.0m | 85.8m | 107.7m | 120.1m | 141.2m | 138.3m | 145.5m | 191.6m |
Gross profit | 47.8m | 74.8m | 68.6m | 137.4m | 142.2m | 80.4m | 145.7m | 228.3m | 265.9m | 349.0m |
Quarterly
| USD | Q2, 2011 | Q3, 2011 | Q1, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 17.7m | 16.9m | 21.5m | 21.3m | 19.1m | 24.4m | 21.7m | 44.6m | 40.9m | 64.8m | 69.5m | 56.2m | 63.3m | 54.5m | 48.4m | 51.4m | 56.8m | 68.7m | 81.1m | 81.4m | 90.2m | 99.3m | 95.9m | 95.5m | 107.1m | 107.3m | 133.3m |
Cost of goods sold | 3.8m | 5.8m | 3.3m | 3.2m | 3.1m | 8.7m | 9.0m | 13.8m | 12.9m | 27.1m | 28.7m | 23.8m | 29.8m | 22.7m | 21.0m | 56.1m | 24.9m | 27.9m | 31.7m | 30.7m | 33.9m | 38.6m | 34.5m | 33.9m | 37.8m | 37.9m | 47.6m |
Gross profit | 13.9m | 11.1m | 18.2m | 18.1m | 16.1m | 15.7m | 12.8m | 30.8m | 28.0m | 37.7m | 40.7m | 32.4m | 33.4m | 31.8m | 27.4m | (4.7m) | 31.9m | 40.7m | 49.4m | 50.7m | 56.3m | 60.7m | 61.4m | 61.7m | 69.3m | 69.4m | 85.7m |
Gross profit Margin, % | 78% | 66% | 85% | 85% | 84% | 64% | 59% | 69% | 69% | 58% | 59% | 58% | 53% | 58% | 57% | (9%) | 56% | 59% | 61% | 62% | 62% | 61% | 64% | 65% | 65% | 65% | 64% |
Annual
| USD | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|
Cash | 32.2m | 22.3m | 28.5m | 70.9m | 180.5m | 102.1m | 63.8m | 97.8m | 127.1m | 364.4m |
Accounts Receivable | 11.8m | 11.9m | 18.3m | 32.2m | 18.0m | 21.5m | 34.7m | 27.3m | 29.3m | 34.6m |
Prepaid Expenses | 1.9m | 5.2m | 7.7m | 18.3m | 14.8m | |||||
Current Assets | 46.4m | 39.4m | 54.5m | 121.4m | 237.1m | 155.0m | 137.6m | 171.0m | 214.6m | 463.1m |
Quarterly
| USD | Q2, 2011 | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 26.4m | 36.9m | 28.9m | 24.5m | 24.1m | 21.2m | 19.1m | 27.7m | 37.0m | 71.5m | 54.3m | 65.7m | 189.7m | 182.3m | 159.3m | 158.0m | 147.5m | 73.2m | 68.1m | 62.9m | 48.3m | 61.5m | 80.8m | 93.2m | 99.5m | 102.4m | 114.7m | 283.1m |
Accounts Receivable | 12.4m | 10.0m | 14.2m | 14.0m | 14.6m | 12.4m | 10.4m | 11.3m | 19.7m | 16.0m | 34.6m | 24.5m | 25.1m | 26.0m | 16.7m | 14.3m | 14.2m | 27.0m | 32.2m | 34.2m | 34.4m | 38.0m | 38.0m | 34.7m | 40.2m | 44.8m | 42.5m | 64.7m |
Prepaid Expenses | 2.5m | 4.0m | 1.8m | 2.1m | 3.0m | 2.4m | 4.6m | 4.6m | 8.9m | 6.5m | 16.8m | 15.4m | 16.2m | 17.7m | 15.2m | 18.2m | 18.4m | |||||||||||
Current Assets | 41.9m | 51.5m | 45.4m | 40.8m | 41.7m | 36.1m | 34.5m | 43.6m | 65.5m | 93.9m | 105.7m | 117.4m | 248.5m | 243.8m | 221.6m | 209.0m | 190.5m | 135.8m | 138.3m | 137.8m | 119.5m | 140.3m | 163.4m | 171.3m | 186.2m | 203.7m | 215.6m | 436.6m |
Annual
| USD | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|
Net Income | (21.1m) | (20.5m) | (19.9m) | 8.1m | (7.2m) | (87.4m) | (97.6m) | (13.2m) | 8.9m | 20.4m |
Depreciation and Amortization | 1.8m | 2.4m | 8.3m | 7.8m | 12.6m | 2.9m | 3.2m | 3.9m | 4.2m | 5.4m |
Accounts Payable | 602.0k | (586.0k) | 3.3m | (4.3m) | (1.7m) | 3.1m | 4.7m | (10.2m) | 3.1m | 773.0k |
Cash From Operating Activities | (6.7m) | (6.7m) | (9.6m) | 30.6m | (11.5m) | (19.8m) | (28.2m) | 32.3m | 35.2m | 76.1m |
Quarterly
| USD | Q2, 2011 | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | (4.9m) | (11.1m) | (6.8m) | (9.8m) | (13.4m) | (5.5m) | (8.4m) | (16.4m) | 133.0k | (3.6m) | 6.8m | 1.1m | (4.4m) | (4.2m) | (8.5m) | (26.5m) | (70.2m) | (22.8m) | (46.3m) | (58.0m) | (7.2m) | (11.6m) | (11.9m) | 663.0k | 3.2m | (1.9m) | (8.3m) | (16.8m) |
Depreciation and Amortization | 833.0k | 1.3m | 562.0k | 1.1m | 1.7m | 731.0k | 1.4m | 6.5m | 1.3m | 2.5m | 4.6m | 3.3m | 6.5m | 9.6m | 3.0m | 6.0m | 14.1m | 790.0k | 1.6m | 2.4m | 976.0k | 4.9m | 2.9m | 1.1m | 2.1m | 3.2m | 1.3m | 2.7m |
Accounts Payable | 1.4m | 961.0k | (1.2m) | (693.0k) | 30.0k | 550.0k | 1.7m | 306.0k | (1.4m) | (2.9m) | (6.8m) | (54.0k) | (1.2m) | (259.0k) | (40.0k) | 674.0k | (1.2m) | 2.1m | 5.6m | (3.7m) | (2.8m) | 7.3m | 13.6m | 9.4m | 7.5m | 12.1m | ||
Cash From Operating Activities | (2.6m) | (2.5m) | (4.1m) | (2.6m) | (5.1m) | (3.7m) | (5.6m) | (11.5m) | 3.8m | 8.8m | 11.2m | (5.1m) | (6.3m) | (14.1m) | (11.8m) | (9.8m) | (19.6m) | (29.0m) | (32.4m) | (33.3m) | (16.5m) | (4.2m) | 13.4m | (2.4m) | 6.9m | 10.2m | (16.9m) | (3.0m) |
| USD | Q2, 2011 |
|---|---|
Financial Leverage | 1.9 x |
Glu Mobile Operating Metrics
Glu Mobile's Daily Active Users was reported to be 4.2 m in Q1, 2017. Glu Mobile's Monthly Active Users was reported to be 32.8 m in Q1, 2017.
| Q1, 2014 | Q2, 2014 | Q3, 2014 | Q4, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q4, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | FY, 2016 | Q1, 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Daily Active Users | 7 m | 5.3 m | 7.2 m | 7.2 m | 6 m | 6.1 m | 5.5 m | 5.1 m | 4.9 m | 4.1 m | 3.5 m | 4.4 m | 4.2 m |
Monthly Active Users | 64.5 m | 51.9 m | 60.3 m | 62.6 m | 54.6 m | 59.6 m | 53 m | 49.4 m | 42.4 m | 35.8 m | 29.6 m | 35.9 m | 32.8 m |
Cumulative Installs | 711.9 m | 772.1 m | 879.8 m | 969.2 m | 1.04 b | 1.13 b | 1.21 b | 1.29 b | 1.36 b | 1.42 b | 1.48 b | 1.54 b | 1.61 b |
Installations | 70.5 m | 56.4 m | 59.6 m | 60.4 m | 70.8 m |
Glu Mobile Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Plain Vanilla | December 22, 2016 | $1.2 m |
| CrowdStar | November 03, 2016 |
Glu Mobile Revenue Breakdown
Glu Mobile revenue breakdown by geographic segment: 74.3% from United States of America, 12.1% from EMEA, 9.1% from APAC and 4.5% from Other
Glu Mobile Cybersecurity Score
Glu Mobile Environment, Social & Governance (ESG) Ratings
Glu Mobile Online and Social Media Presence
367.48k Twitter followers
Glu Mobile has 367.48k Twitter Followers. The number of followers has decreased 0.1% month over month and decreased 0.3% quarter over quarter
Glu Mobile's Trends
Twitter Engagement Stats for @glumobile
5.4k
Tweets
2.4k
Following
367.5k
Followers
2
Tweets last 30 days
5.5
Avg. likes per Tweet
100%
Tweets with engagement
Glu Mobile Company Culture
Overall Culture
C
69/100
CEO Rating
C
69/100
Compensation
C-
64/100
Diversity
C+
70/100
Glu Mobile News and Updates
February 13, 2021
SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of Glu Mobile Inc. - GLUU
NEW YORK, Feb. 12, 2021 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm rated Top 50 in the 2018 and 2019 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is...
February 09, 2021
Glu Mobile soars 34% after Electronic Arts agrees to $2.4 billion takeover
Summary List Placement
Smartphone game developer Glu Mobile and Electronic Arts have agreed to a $2.4 billion merger.
Glu Mobile developed the popular smartphone game, Kim Kardashian: Hollywood, among others.
Shares of Glu surged as much as 34% on Tuesday following the takeover news.
Sign up her…
February 09, 2021
SHAREHOLDER ALERT: Rigrodsky Law, P.A. Announces Investigation of Glu Mobile Inc. Buyout
WILMINGTON, Del., Feb. 08, 2021 (GLOBE NEWSWIRE) -- Rigrodsky Law, P.A. announces that it is investigating Glu Mobile Inc. (“Glu”) (NASDAQ GS: GLUU) regarding possible breaches of fiduciary duties and other violations of law related to Glu’s agreement to be acquired by Electronic Arts Inc. (“Elect…
December 23, 2020
Activision, Glu Mobile are best video-gaming stocks for 2021, trader says
Activision Blizzard's stock is the way to play video-gaming stocks with the industry set to expand in coming years, two traders say.
November 06, 2020
Thinking about buying stock in Virgin Galactic, Glu Mobile, Coty, Cloudflare, or Dynavax Technologies?
NEW YORK, Nov. 6, 2020 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for SPCE, GLUU, COTY, NET, and DVAX. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....
March 25, 2020
Glu Mobile debuts Disney Sorcerer’s Arena mobile game
Publisher Glu Mobile has launched its Disney Sorcerer’s Arena mobile game on iOS and Android as Disney tests its new game strategy.
Glu Mobile Blogs
April 22, 2020
Confined in rental apartments, millennials decorate virtual homes
The post Confined in rental apartments, millennials decorate virtual homes appeared first on Glu.
April 22, 2020
Disney Sorcerer’s Arena is a turn-based RPG that’s available now for iOS and Android
The post Disney Sorcerer’s Arena is a turn-based RPG that’s available now for iOS and Android appeared first on Glu.
April 22, 2020
MLB Tap Sports Baseball 2020 launches on Android and iOS
The post MLB Tap Sports Baseball 2020 launches on Android and iOS appeared first on Glu.
April 22, 2020
Glu Mobile releases MLB Tap Sports Baseball 2020 after one month in soft-launch
The post Glu Mobile releases MLB Tap Sports Baseball 2020 after one month in soft-launch appeared first on Glu.
April 22, 2020
‘Covet Fashion’ Made Me Feel I Belonged at New York Fashion Week
The post ‘Covet Fashion’ Made Me Feel I Belonged at New York Fashion Week appeared first on Glu.
April 22, 2020
Williams Sonoma Eyes Gamers Through Expanded Partnership
The post Williams Sonoma Eyes Gamers Through Expanded Partnership appeared first on Glu.
Glu Mobile Frequently Asked Questions
When was Glu Mobile founded?
Glu Mobile was founded in 2001.
Who are Glu Mobile key executives?
Glu Mobile's key executives are Nick Earl, Eric Ludwig and Chris Akhavan.
How many employees does Glu Mobile have?
Glu Mobile has 659 employees.
What is Glu Mobile revenue?
Latest Glu Mobile annual revenue is $540.5 m.
What is Glu Mobile revenue per employee?
Latest Glu Mobile revenue per employee is $820.2 k.
Who are Glu Mobile competitors?
Competitors of Glu Mobile include DoubleDown Interactive, King.com and Niantic.
Where is Glu Mobile headquarters?
Glu Mobile headquarters is located at 875 Howard St #100, San Francisco, San Francisco.
Where are Glu Mobile offices?
Glu Mobile has offices in San Francisco, Burlingame, San Mateo, Toronto and in 1 other location.
How many offices does Glu Mobile have?
Glu Mobile has 5 offices.
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