Thunderful calls 2024 "a transitional year" as net revenue drops 14.5% YoY

Thunderful says its "transition to a pure-play game company is complete" as it publishes its financial information for Q2 2024 and its performance in the year thus far.

Citing the beginning of 2024 as "very eventful" and "marked by an intense transformation into a pure-play company dedicated to the publishing and development of video games," Thunderful Group says that as it has now completed the divestment of its distribution operations, its board has concluded it should "withdraw its existing financial targets."

Thunderful did not note any significant events after the end of the quarter.

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