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Sunday, November 27, 2022

The Inside Scoop On Tapinator Inc (OTCMKTS:TAPM)

Tapinator Inc (OTCMKTS:TAPM) has come alive in recent weeks with a significant influx of volume and interest from Investors the stock is taking off north as many speculate the Company is about to announce stellar earnings once again.

TAPM operates in the red hot gaming space and has been experiencing spectacular revenue growth in recent quarters reporting $1,027,241 in sales for the 6 months ended June 30, 2015 up from just $ 322,304 for the same period in 2014.

Tapinator Inc (OTCMKTS:TAPM) is a leading mobile games publisher in the MENA market with offices in Amman, Jordan and Mountain View, California and is backed by 500 Startups and other venture capital firms. Tamatem is entirely focused on serving the Arabic smartphone users with games tailored for the language and culture of the region. Tamatem partners with other international game developers/studios to publish localized versions of their successful games for the Arab gamer.

The Company focuses on publishing casual and mid-core mobile games including genres that vary from puzzle games, strategy games, racing/drifting games and word and trivia games. Tamatem has a proven track record and experience in localization, user acquisition, distribution, cross-promotion, monetization, and game design focused entirely on the MENA region.

Tapinator’s owned and operated portfolio includes over 130 mobile gaming titles that, collectively, have achieved over 130 million downloads. A number of these titles have risen to the top of the mobile leaderboard charts and have been featured by the Apple, Google, and Amazon App Stores.

Earlier this year TAPM said one of its games, Combo Quest, has become “Free App of the Week” on Apple’s iOS platform. This represents the fourth feature placement for Combo Quest in the App Store. Previously, the title was selected as a “Best New Game” at launch and, on two occasions, was chosen as a “Best New Game Update.”

Over the past week, Combo Quest has reached the following rankings in the App Store on iOS: #1 Adventure Game #1 Role Playing Game Top 10 Game Top 20 Application.

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As part of being awarded the coveted Free App of the Week feature placement, Combo Quest received the following App Store Editors’ Note: “Combo Quest is a delightful RPG that’s part infinite runner, part rhythm game. To make your way through a retro landscape packed with baddies, you’ll need to tap at just the right time to slash your foes and block their attacks. After each fight, you can choose how you upgrade your hero – will you increase your health or opt for a stronger attack? Whatever you pick, there’s no replacement for good timing, and the practice-makes-perfect gameplay will keep you coming back for more.”

On November 5 TAPM announced, through a new publishing partnership with Tamatem, Inc., it plans to enter the $680 Million Middle East and North Africa (MENA) mobile gaming market. According to Strategy& (formerly Booz & Company), The MENA market for mobile games is expected to more than triple in size in the coming years – from $680 million in 2015 to $2.3 billion in 2022. Tapinator and Tamatem will kick off this partnership via the December 2015 launch of localized versions of Tapinator’s hit mobile games, Cop Duty Simulator 3D and Trucker Parking 3D. Tapinator also announced that it plans to release it Q3 Earnings Report next week.

TAPM CEO CEO, Ilya Nikolayev said “Gaming is a key driver in the MENA digital media market and, according to Strategy&, is expected to grow from 19 percent to 22 percent of the digital media market from 2014-2019. The rise of the Arab digital generation is giving rise to a surge in demand for localized, culturally relevant digital content including video, social media and, of course, mobile games. The mobile market is one of the fastest-growing media segments in the Middle East. Smartphone penetration in Saudi Arabia and the UAE has surpassed 75 percent of the population, with more than 55 percent of users accessing the Internet every day on a smartphone (source:Gulf Communications Council Telecommunications Regulators). Tapinator is looking forward to investing in the high growth MENA region in order to establish early market leadership.”

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Currently trading at a $17 million market valuation TAPM has $1.8 million in the treasury, up from almost nothing last year, manageable debt and very fast growing revenues reporting $1,027,241 in sales for the 6 months ended June 30, 2015 up from just $ 322,304 for the same period in 2014. The Company has carved out a lucrative niche for itself as a designer, developer and publisher of mobile games on the iOS, Google Play, and Amazon platforms and has some seriously heavy hitters behind it. We will be updating on TAPM when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with TAPM.

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Disclosure: we hold no position in TAPM either long or short and we have not been compensated for this article.

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