Left Behind Games expects to report its ’smallest fiscal year los...
Left Behind Games expects to report its “smallest fiscal year loss” to date for the year ended March 31, based on preliminary internal data, CEO Troy Lyndon said in a filing with the SEC. Q2 ended Sept. 30 represented…
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the first profitable quarter for the maker of Christian-themed interactive games. In Q4, the company further reduced its “operational burn rate another 20 percent to less than $40,000 per month,” he said. Left Behind recently started marketing programs to target more than 300,000 U.S. churches as potential customers and has run 13 direct marketing tests and sent out more than 7,500 church marketing packages including more than 75,000 units of Left Behind games that have been distributed by pastors, he said. Left Behind received payment from 5.5 percent of the churches that received the packages so far, he said. The company expects to eventually generate earnings of more than $10 million per year, he said. Left Behind started development of the first game specifically targeted at church pastors, The Bible Tutor Game, which it expects to release before Christmas, Lyndon said. The company continues to “evaluate opportunities to acquire other inspirational products and brands and continue to review potential merger or acquisition candidates that share our mission to create family-friendly and inspirational entertainment,” he said.