Warface publisher My.Games revenue grows 30% to $562 million in 2020

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Russian publisher My.Games said its revenue grew 30% to $562 million in 2020, as global gaming revenue stayed strong in the pandemic.

My.Games, a division of Mail.ru Group, accounted for 38% of the group’s revenues in 2020. The Moscow-based company expects that its earnings before interest, taxes, depreciation, and amortization (EBITDA) will double from 2018 to 2022. The results for 2020 — $85.4 million in EBITDA, up 28% — show that the company is well-positioned to meet that target, the company said. Warface reached 109 million users.

In 2021, My.Games projects that its revenues will grow at a double-digit rate. In the U.S.,