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SouthPeak CEO Melanie Mroz released a news press to the public stating the growth the company has had within just one year’s time.

We are confident that SouthPeak is uniquely positioned to continue to gain global market share, particularly with our focus on video game development through our highly tuned business model; just one of our competitive advantages. SouthPeak has consistently executed its business plan, resulting in a robust sales growth of over 500% during the past year, with revenues reaching $13.5 million in Q3 2009, compared to $2.2 million in Q3 2008.

SouthPeak is an emerging publishing and development company who has recently gained the rights to release this year’s under the radar hit, Trine for the PC.  The success of the business can be attributed to its ‘cost-efficient, external third party developers.’

Basically, SouthPeak Interactive is a growing franchise despite the faulty economic times.  Thanks to clever strategies and savy proposals, the compay has vaulted itself to the $13 million mark and ever improving.

Some interesting financial highlights include:

  • Business model focused on controlling costs and increased margins.
  • Increased revenue to $13.5 million in Q3 2009, over a 500% increase from $2.2 million in Q3 2008.
  • SouthPeak currently has over 60 titles under development for all platforms.
  • Several games in development for the iPhone™.
  • Continued demand for My Baby™ makes it one of the best-selling titles on Nintendo DS™.
  • Catalog titles accelerated SouthPeak’s growth, contributing to over 10% of sales.
  • Video game units sold were roughly 711,000 units in Q3 2009, an increase of over 497,000 units since Q3 2008.

There you have it.  If you have $10,000 just itching to be invested, then you should put it into SouthPeak.  They’ve grown over 900 500%.

Source: SouthPeak Games

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