Mobile developer and publisher Zynga (FarmVille, Mafia Wars etc.) is still in deep trouble in terms of its financial health. The company reported this week its fourth quarter and full year results, and they revealed that the company is still heavily in the red.
According to Gamesindustry.biz: "Zynga posted revenues up 11 percent to $764.7 million, with a net loss of $117.2 million. While a loss that size isn't exactly good news, it is an improvement over the company's 2014 campaign, which saw it post a net loss of $225.9 million. On a non-GAAP basis, bookings for the year were virtually flat at $700 million, while Zynga's net loss was trimmed from $12.6 million to $10.2 million."
Even though Zynga's key audience numbers are down, the company projects better revenue for the coming fiscal year, between $160 million and $175 million in the first quarter. However this would only reduce the net loss to between $30 million and $40 million, so one can argue that Zynga is still a failing business.