PANews, July 9 - According to Globenewswire, arcade game giant Atari has disclosed in its latest fiscal year earnings report that it plans to adjust its Web3 ecosystem initiative Atari X. This initiative originally aimed to drive the construction of a Web3 blockchain ecosystem to connect games, utilities, and communities, and to explore token issuance. However, according to the latest data, the trading activity scale of Atari X is too small (only 100,000 euros in fiscal year 2024), and therefore it will no longer be regarded as a separate business line, but rather the strategic focus will continue to be on the core video game business.
The report data is as of March 31, 2025, indicating that the company's revenue reached 33.6 million euros, a year-on-year increase of 63%.